Our History

Signing of an Agreement within the strategic cooperation framework with the BROOK LANE CAPITAL group, for the development of a state-of-the-art mixed-use tower at The Ellinikon

Hill International has been selected for the supervision of the construction of the Riviera Tower, as well as the project management for the Cove Residences and Little Athens

BELT Riviera S.A. (with TEMES S.A. – ELLINIKO M.A.E. as shareholders) has signed an agreement with the Mandarin Oriental Hotel Group for the management of the new hotel and luxury residences (branded residences) on the Coastal Front of The Ellinikon

The construction of the Riviera Tower has been assumed by the Bouygues Batiment International - Intrakat consortium

The first building of the significant investment in The Ellinikon, the Care Center for People with Disabilities, has been completed and delivered, accommodating 4 associations for PWD

The Mega Yacht Marina in Corfu has been acquired​

The official opening event of The Ellinikon took place, marking it as one of the largest urban regeneration projects in Europe

The Real Estate Agreement was signed for the concession of land at The Ellinikon for the development of the Integrated Resort Casino (IRC) to the company IRC ELLINIKOU, a joint venture between GEK TERNA and Hard Rock​

Issuance of the building permit for the Riviera Tower

Acquisition of the McArthurGlen Designer Outlet Athens

Complete acquisition of Lamda Malls, securing 100% ownership and control

Issuance of a 7-year Green Common Bond Loan of €230m

Signing of a Memorandum of Understanding (MoU) with ORILINA PROPERTIES REIC for a residential and commercial development on the Coastal Front in the Ellinikon

Selection of the Joint Venture between Bouygues Batiment International and intrakat as a consultant to provide per-construction management services in the form of "Early Contractor Involvement (ECI)" for the development of the Riviera Tower

Opening of The Ellinikon Experience Centre

Selection of AVAX Group as a Main Contractor for the Infrastructure works Contract/package in Phase 1 of The Ellinikon

Signing of a Framework Agreement with BROOK LANE CAPITAL for the development of a Mixed Use Tower

Opening of The Ellinikon Experience Park

Selection of the consortium Mace and Jacobs as Project Management Consultant (PMC) for Buildings

Signing of the Share Transfer Agreement of HELLINIKON S.A.

Strategic cooperation agreement with FOURLIS Group for the development of a Retail Park within The Ellinikon

Opening of the Athens Olympic Museum

Signing of a Memorandum of Cooperation with the Ministry of Culture for the protection of antiquities at The Ellinikon

The renovation, reconstruction, and creation of new structures at the facilities of the Olympic Aquatics Center in OAKA commenced

Signing of a strategic cooperation agreement with TEMES for the development of 2 luxury hotels on the coastal front of the Ellinikon

Issuance of a 7-year Common Bond Loan of €320m

Commencement of preliminary / preparatory works at The Ellinikon

Share Capital Increase (SCI) of €650m

Acquisition of full control (100%) of The Mall Athens

Share Capital increase (SCI) of €150m

Signing of the sales and purchase agreement (SPA) of HELLINIKON S.A.

Acquisition of the concession of the long-term use of International Broadcasting Center (IBC) for the 90 years

Opening of Golden Hall

Opening of The Mall Athens

Opening of Mediterranean Cosmos

Beginning of construction works at Marina Flisvos

Listing of LAMDA Development shares on the Main market of the Athens Exchange (ATHEX)