Brief: Lamda Has Been Declared The Preferred Investor For The Development Of The Mega Yachts Marina In Corfu

Lamda Development SA

10/07/2023 07:37

July 10 (Reuters) - Lamda Development SA  LMDr.AT :
    * LAMDA DEVELOPMENT SAYS SUBSIDIARY LAMDA MARINAS INVESTMENT
HAS
BEEN DECLARED THE PREFERRED INVESTOR FOR THE SUB-CONCESSION FOR
40 YEARS OF THE RIGHT TO CONSTRUCT OPERATE MANAGE AND MAINTAIN
THE MEGA YACHTS MARINA IN CORFU
    * LAMDA DEVELOPMENT SAYS  TOTAL CONSIDERATION PAYABLE TO
HRADF FOR
THE 40-YEAR PERIOD WILL EXCEED EUR 89 MILLION
    * LAMDA DEVELOPMENT SAYS THE INVESTMENT FOR THE CONSTRUCTION
OF
THE PROJECT IS ESTIMATED TO EXCEED EUR 50 MILLION


Further company coverage:  LMDr.AT 

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