Latest News

Olympia Group and VNK Capital Transfer Part of Their Stake in Lamda Development

February 24, 2025

Olympia Group and VNK Capital, through their joint investment vehicle Voxcove Holdings Ltd, have transferred 3.26% of Lamda Development, thereby reducing their stake to 6.74%. The sale process was handled by a major international investment bank and a leading Greek brokerage firm. The shares were acquired by international institutional investors.

Olympia Group and VNK Capital have consistently supported Lamda Development, expressing trust and actively contributing to the realization of one of the most iconic projects in our country, The Ellinikon, recognizing its dynamic nature and strategic significance for Greece’s development.

Today, the decision was made to reduce their position in Lamda Development in order to focus on new investment initiatives, always guided by their commitment to promoting investments that contribute to sustainable development and the broader progress of the economy. The investment vehicle continues to believe in Lamda Development’s strategy, vision, and the potential of The Ellinikon project, maintaining a significant stake in the company. They welcome the new investors, whose confidence highlights the investment prospects of Lamda.