HRADF requests improved financial offers for the Gournes estate through e-Auction

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) nominated three eligible investors for the development of part of the former US base in Gournes (Heraklion, Crete) during a meeting on Thursday.

The eligible investors who meet the criteria of the tender process are the following, in alphabetical order:




Following the unsealing of the three financial offers, the board decided to request the submission of improved financial offers through an electronic auction procedure (e-Auction), a process that has already been used in real estate tenders since 2013 and in the tender of the Alimos marina concession.

The online auction will take place on Monday, December 6, 2021.

The real estate property of Gournes consists of a beachfront land plot of 345,567 sqm located 13km from the airport “Nikos Kazantzakis” and 16 km from Heraklion. During the last 20 years, land plots neighbouring to the property have been developed into the Hellenic Centre for Marine Research, the Cretaquarium Thalassocosmos, and the International Exhibition and Conference Centre of Crete, among others.

The property is also 16km from Herakleion and 20 km from the New International Airport expected to be developed at the Kastelli Village over the next five years.