Former U.S. military base in Crete attracts four bids in Greek tender

Reds Real Estate Development and Services SA

15/10/2021 16:11

ATHENS, Oct 15 (Reuters) - Four investors submitted offers
to acquire a sprawling former U.S. military base on the island
of Crete and turn it into a seaside tourist resort with an
entertainment park, Greece's privatisation agency (HRADF) said
on Friday.
   Greece's Club Hotel Casino Loutraki and Lyktos Holding,
property developer Dimand, Reds  HELr.AT  and Luxembourg-based
Vivion Investments bid separately for the 85 acre plot in
Gournes, outside the city of Heraklion.
    The euro zone's most indebted country has raised more than 7
billion euros ($8.13 billion)from state asset sales since HRADF
was set up in 2011.
($1 = 0.8615 euros)

 (Reporting by Angeliki Koutantou
Editing by Peter Graff)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))