The first place in the final Ranking Table of Eligible Investors for the utilization of the property Beach and Camping of Agia Triada, in the Municipality of Thermaikos of the Regional Unity of Thessaloniki, was occupied by the company MATENISA TRADING CO. LTD.

The table was approved by the Board of Directors of TAIPED, a member company of the Superfund, during today’s meeting, Thursday, July 25, 2024, for a total price of 19.5 million euros.

It was preceded on July 23 by conducting an electronic auction (E-Auction) for the submission of improved offers from the three investment schemes (MATENISA TRADING CO. LTD, INNOVATION AND DEVELOPMENT MAE and Antonios Hyakinthos), which had submitted offers on June 13, 2024 for the utilization of the property, in the context of an international tender launched by TAIPED on March 11, 2024. The online auction was conducted through the SAP Ariba Sourcing platform, managed by Eurobank Holdings.

The final offer, which amounted to 19.5 million euros, is increased by 140.7% compared to with the initial highest bid of 8.1 million euros which was the starting price of the electronic auction.

The utilization of the property will have multiple benefits for the local community, as approximately 50,0000 sq.m. will be allocated to the citizens and visitors of the Municipality of Thermaikos, while the building of a school unit (4,000 sq.m.) is also planned on the property.

These interventions, combined with the demarcated forest area, approximately 23,000 sq.m., create significant prospects for upgrading the public space in the area for the benefit of the local community, while the utilization of the property will contribute to highlighting the beach front.

After the presentation of the Letter of Guarantee and the supporting documents provided for in the Invitation to Bid by the Eligible Investor, the Bidder will be announced and the prescribed pre-contractual audit by the Audit Court will follow.

Including the “Agia Triada Beach and Camping” property, TAIPED has utilized a total of 98 properties, with individual tenders and the methods of electronic auction (E-Auction) and sale and leaseback (sale and leaseback). The income from the exploitation of the real estate exceeds 1.62 billion euros, while the overall benefit is significantly higher with the mobilization of multiple funds for the implementation of investments that act as a driving force for regional development.