“Gournes Property” in Crete Island - Greece

“Gournes Property” in Crete Island - Greece
September 2014
Introduction
 As part of the privatization program of the Hellenic Republic, Hellenic Republic Asset
Development Fund (“HRADF”) seeks to explore potential interest for a property in
Gournes, municipality of Hersonissos, in the Island of Crete, Greece.
 Crete, the largest island of Greece, is one of the most popular Greek tourist
destinations, best known for its famous beaches, its great cultural heritage (e.g.
Knossos of Minoan Civilization, Phaistos, Malia Palace), the impressive
mountainscapes, the fertile valleys and the steep gorges, as well as its rich
gastronomic culture.
Gournes Property
 The district of Gournes is 16 km away from Crete’s capital, Heraklion, which is a tourist
and commercial center. A unique combination of urban scenery and natural wealth
makes the region of Heraklion an appealing all-year-round destination.
 The Airport “Nikos Kazantzakis” is the second busiest airport
in Greece, with passengers arrivals amounting to 2.5 mill in
2013.
 In 2013, traffic in the port of Heraklion amounted to almost 8
mill. passengers, among which 270,000 were cruise
passengers.
 A new airport will be constructed by 2019 in Kastelli, which
is located c.20km from the Properties. This airport will
replace the existing one and would handle about 7 mn
passengers a year.
 In addition, the region of Heraklion has a high capacity of
hotels of very high standards, exceeding 68,000 beds, out of
which 41,000 refer to 4* and 5* hotels (as of year 2012).
Hellenic Republic Asset Development Fund
www.hradf.com
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Access – Global, National & Regional Level
Flight times to Heraklion Intl. Airport
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Athens:
0h 54’
Istanbul:
1h 23’
Zurich:
2h 53’
Paris:
3h 29’
London:
3h 51’
Moscow:
3h 34’
Berlin:
3h 08’
Dubai:
4h 21’
Stockholm:
3h 53’
Distances / Drive-times from main sites:
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Airport:
0h 12’ – 12 km
Port:
0h 15’ – 16 km
Knossos:
0h 17’ – 20 km
Chania:
2h 30’– 138 km
Elounda:
1h 00’ – 61 km
Port
Kavala
Thessaloniki Alexandroupoli
Stockholm
London
Paris
Berlin
Ioannina
Moscow
Volos
Zurich
Attica
Istanbul
Santorini
Rhodes
Dubai
PROPERTY
Hellenic Republic Asset Development Fund
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Airport
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The site - Overview
 The total area of the property, of 738,000 sq.m., used to serve as an ex
U.S. Airbase till 1995. The Exploitable Area is approx. 346,000 sq.m.
consisting of two plots: Plot A of c. 30,000 sq.m. in the south and Plot B a
beachfront plot of c. 316,000 sq.m. in the north (the “Properties”).
 The Properties are located in a very privileged position, by the side of the
national road, 16 km away from Heraklion city and the port and 12 km
from the International Airport "Nikos Kazantzakis’’.
 Hersonissos and Malia, Crete's largest resorts, are located to the east of
the Properties, whereas the tourist resorts of Kokkini Hani and Amnisos,
are to the west.
 The Properties have direct proximity to the International Exhibition Center
and the Cretaquarium and are located 10 km from “Crete Golf Club”.
Hellenic Republic Asset Development Fund
www.hradf.com
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Exploitation Concept
 The exploitation concept includes the sale of ownership rights over the
Properties (“Freehold”).
 The Properties will be developed in accordance with the procedures for urbanplanning maturity, prescribed in the provisions of L. 3986/2011, as in force and
the relative Special Town Planning Development Plan (ESCHADA).
 In particular, the properties may be developed under the “Mixed Use” including
the “Theme Parks – Retail” and “Touristic Village” town planning regime:
 Plot A: Regional business/exhibition/convention and shopping center
Maximum buildable area: c.12,000 sq.m.
 Plot B: Beachfront tourist residential complex (vacation homes) with
hospitality/leisure facilities. Maximum buildable area: c.25,000 sq.m.
 Plot B: An alternative development scenario may include a 9-hole golf
course. Maximum buildable area for the “Touristic Village”: c.9,000 sq.m.
 HRADF has initiated two separate single-phase tender processes for the two
plots.
 Interested investors may submit separate offers for each property, whereas
they have the option to submit an offer only for one of the two properties.
 No financial or technical criteria are required.
Hellenic Republic Asset Development Fund
www.hradf.com
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Sights in short distance from the Properties
CretAquarium
City Hall
Hellenic Republic Asset Development Fund
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Knossos
Tourist Mooring
International Exhibition Center
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Sights
Malia Palace
Knossos
Heraklion City
Phaistos
Hellenic Republic Asset Development Fund
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Activities / Sights
Hersonissos
Crete Golf Club
Amnisos
Agia Pelagia
Malia
Elounda
Hellenic Republic Asset Development Fund
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Contacts
Christina Perdikaki
Chara Messini
Tel: + 30 210 37 20 000
Fax: + 30 210 37 20 083
Emails:
chrperdikaki@eurobank.gr
cmessini@eurobank.gr
Hellenic Republic Asset Development Fund
www.hradf.com
Dimitris Andritsos
Valia Dimou
Tel: + 30 211 88 09 393
Fax: + 30 211 88 09 399
Emails:
dandritsos@eurobank.gr
vdimou@eurobank.gr
Vassilis Kartalis
Konstantinos Karavasilis
Tel: + 30 210 32 28 228
Fax: +30 210 32 28 128
Emails:
vkartalis@southeastrealestate.gr
kkaravasilis@southeastrealestate.gr
Petros Synadinos
Georgios Gritzanis
Tel: + 30 210 72 28 545
Fax: +30 210 72 14 840
Emails:
decathlon@decathlon.gr
psynadinos@decathlon.gr
ggritzanis@decathlon.gr
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Disclaimer
This teaser (the “Teaser”), is being issued by Eurobank Ergasias S.A., Eurobank Property Services S.A., Southeast Real Estate S.A. and Decathlon S.A. (together the “Advisors”) on behalf of the Hellenic
Republic Asset Development Fund (“HRADF”). The teaser is being provided to the addressed recipients for information purposes only and on a strictly confidential basis in connection with the
potential acquisition of one or more of the assets described herein. This Teaser must not be disclosed, copied, reproduced, distributed or passed, in whole or in part, to any other party without the
written consent of the HRADF.
This Teaser is for the exclusive use of the addressed recipients to assist them in deciding whether to proceed with a further investigation of a potential investment in the asset described herein. This
Teaser does not constitute an offer or invitation for the sale or purchase of the asset described in it.
The Teaser has been prepared on the basis of information provided by HRADF and also from publicly available information. This information, which does not purport to be comprehensive, has not
been independently verified by the Advisors or any other party. The information provided should not be relied on for any purpose and should not in any way serve as a substitute for other enquiries
and procedures that would (or should) otherwise be undertaken.
No representation or warranty, expressed or implied, is or will be made and, save in the case of fraud, no responsibility or liability is or will be accepted by HRADF or the Advisors or by any of their
respective directors, officers, servants as to or in relation to the accuracy, sufficiency or completeness of this Teaser or the information forming the basis of the Teaser or for any reliance placed on
the Teaser by any person whatsoever and HRADF and the Advisors will not be responsible for any costs or expenses incurred by any recipient of this Teaser.
This Teaser speaks as at the date hereof and in furnishing this Teaser, neither HRADF nor the Advisors give any undertaking or are under any obligation to provide the recipient with any additional
information or to update, revise or re-affirm this Teaser or to correct any inaccuracies therein which may become apparent and this Teaser is not a representation by HRADF or the Advisors that they
will do so.
Hellenic Republic Asset Development Fund
www.hradf.com
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