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ATHENS – It took three tries but Greece’s state privatization fund TAIPED has finally gotten bidders for the key Rhodes’ parcel of Afandou – five of them.

Fund officials said it received two binding bids for the plot which includes a golf course, from M.A. Angeliades Inc. for 26.9 million euros and from Dimand for 17.5 million euros.

The three binding offers for the plot in southern Afandou came from Angeliades. (13.9 million euros); T.N. Aegean Sun Investment Ltd (15 million), and I. Hatzilazarou Enterprises (12.35 million). The two plots cover a total surface area of 1.8 square kilometers.

TAIPED intends to ask the two highest bidders for southern Afandou to raise their offers and then will choose the preferred bidders by August 8.

The fund also announced the launch of an international tender for the sale of five overseas properties belonging to the Greek state.

These are a building of 750 square meters in Washington D.C. a property covering 960 square meters in New York, a 400 square-meter building in Pretoria, as well as two properties in Ljubljana and Belgrade that were put up for sale before but got no interest.

The post Greece Gets Rhodes’ Afandou Bids appeared first on The National Herald.

Source: The National Herald
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