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March 12, 2013

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State To Sell/Lease 28 Public Buildings

The Hellenic Republic Asset Development Fund (HRADF) launched an invitation to submit the expression of interest for a sale and lease back tender of some 28 public buildings. The properties include the building of the police headquarters in Athens, several police stations, the building of Hellenic Statistical Authority, government ministries and even tax agencies.

The transaction covering the 28 real estate property assets is going to be made in two portfolios of similar size and interested investors that will be chosen will buy the buildings and sign long-term leasing contracts with the Greek state, with the Greek state having the option of buying the buildings at the end of the contract.

Under the first phase of the process, interested parties are going to have to submit their interest in writing by April 19 and prove they fulfill the criteria set in the invitation. The state phase of the process is expected to include submission of binding offers.

The properties in the sale and lease back program include the following buildings:
  1. General government agencies, Piraeus
  2. Secretariat General of Information Systems, Moschato
  3. Thessaloniki Police Headquarters, Thessaloniki
  4. Hellenic Police Forensic Science Division, Athens
  5. Hellenic Statistical Authority, Piraeus
  6. Secretariat General of Mass Media, Kallithea
  7. Ministry of Adm. Reform & E-Governance, Athens
  8. Ministry of Culture, Athens
  9. General government agencies, Thessaloniki
  10. Alexandroupoli Tax Office, Alexandroupoli
  11. Agioi Anargyroi Tax Office, Agioi Anargroi
  12. Pallini Tax Office, Pallini
  13. Glyfada Tax Office, Glyfada
  14. Kifissia Tax Office, Kifissia
  15. Athens Police Headquarters, Athens
  16. Ministry of Education, Maroussi
  17. General government agencies, Maroussi
  18. Immigration Attica, Athens
  19. Ministry of Justice, Athens
  20. Gen. Chemical State Laboratory, Athens
  21. Xanthi Tax Office and Chemistry, Xanthi
  22. Athens A Tax Office, Athens
  23. Athens IZ Tax Office, Athens
  24. Korinthos B Tax Office, Korinthos
  25. Halkida B Tax Office, Halkida
  26. Serres Police Headquarters, Serres
  27. Athens Tax Office, Athens
  28. Holargos Tax Office, Holargos 


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