Total proceeds from property sales for the Ellinikon project reach 1.4 billion euros

Total proceeds from spot income for the Ellinikon task reached 1.4 cardinal euros from its motorboat until 25.08.2025, according to information released by Lamda Development.

Based connected the data, 93% of the 559 residences of Little Athens person been sold oregon reserved. In particular, according to the company, the apartments successful the Little Athens vicinity are signaling important commercialized success. Until 25.08.2025, 559 apartments had been enactment connected the marketplace for sale. Of these, income and reservations by funny buyers presently totaled 522 apartments, i.e. 93%. Furthermore, gross from residential developments amounted to 126 cardinal euros successful the archetypal fractional of 2025, up 51% compared to the corresponding play successful 2024, confirming the present important publication of residential developments. In addition, successful the archetypal fractional of 2025, gross from spot income (mainly income of plots) reached 104 cardinal euros, an summation of 49% compared to the corresponding play past year.

Total currency receipts from spot sales/leases from the start of the task until 25.08.2025 exceeded 1.4 cardinal euros, with receipts successful the archetypal fractional of 2025 amounting to 288 cardinal euros. Cash reserves attributable to the Ellinikon task totaled 355 cardinal euros connected 30.06.2025 (compared to 290 cardinal euros connected 31.03.2025), while nary slope loans were disbursed for the Ellinikon project, contempt the beingness of an approved recognition enactment from the lending banks totaling 232 cardinal euros.

During the archetypal fractional of 2025, superior expenditures (CAPEX) for buildings and infrastructure projects amounting to 181 cardinal euros were made, with the total superior expenditures, from the start of the task to 30.06.2025, reaching 744 cardinal euros.

On 28.08.2025, Lamda Development accepted a binding connection from the ION Group for the acquisition of onshore for the improvement of an International Research & Innovation Center, which is subject to the completion of legal, technical, and fiscal owed diligence arsenic well arsenic the finalization and signing of the contractual documents.