Ellinikon aims to be Europe’s first fully planned and built-from-scratch smart city, incorporating innovative digital infrastructure.

Major works at the Ellinikon redevelopment are accelerating, with new homes, retail spaces, and the landmark Riviera Tower advancing steadily, while drawing strong interest from international buyers and diaspora Greeks

New residences developed by Hellenic Estates in collaboration with Lamda Development

Ellinikon will deliver 10,000 homes and transform the site from 70% concrete to 70% green space.

Deal worth 450 mln€, with the London-based fintech developer eyeing the creation of an international center for research and innovation within the coastal Helleniko site

With the completion of the sale, Voxcove Holdings has fully exited its position in Lamda Development, raising €73.8 million from this latest transaction.

Recent months have seen growing scrutiny of Lamda Development's policy regarding the sale of plots in the Ellinikon project to third parties for independent development.

What Lamda Development executives said about the development and delivery of Greece's mega-project.

Spanning 17,000 square meters, the shopping center has already leased out 75% of its space, with an average rental price of 85 euros per square meter.

Two investments funds based outside of Greece but with a presence in the country are, according to reports, the buyers of a 3.2%-stake in Lamda Development, a pre-eminent property developer and commercial mall operator in the country. According to a report in ot.gr, the three separate blocks of shares were sold off on Monday by […]

The complex operation was financed and overseen by Lamda Development, the concessionaire of the landmark The Ellinikon privatization and property development

The ATHEX-listed developer reported 206 million euros in EBITDA for FY23, a 69%-percent increase from 2022 results

Developers maintain that the 50-storey Riviera Tower will be ready in the first quarter of 2026

Lamda Development and Brook Lane Capital have agreed to the construction of a 40-floor mixed-use tower along the Athenian Riviera.

Lamda cited completion of foundation works for Riviera Tower, at the Ellinikon project