Lamda development: Leader in the Greek Real Estate

Olympia Group and VNK Capital participate in the share capital of Lamda Development SA based on an equity stake of 12,8% acquired via the joint investment vehicle Voxcove holdings.

The company is the leader in the Retail Real Estate sector in Greece with successful diversification in the office and residential sectors.

The company’s development portfolio includes: three commercial and leisure centers, The Mall Athens and Golden Hall in Athens and Mediterranean Cosmos in Thessaloniki (total GLA 147.000 sq.m.), office buildings, innovative residential complexes and Flisvos Marina in Faliro.

In November 2014, LAMDA Development group signed the contract with HRADF for the acquisition of the shares of the “Hellinikon SA”. The Investment will transform the plot of the former Hellinikon Airport into the largest privately funded investment ever in Greece.