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Tuesday, April 1, 2014

Greece’s Lamda, Backed by Chinese, Will Redevelop the Old Athens Airport

ATHENS — Greece’s state privatization agency has picked a Greek real estate company to develop a sprawling coastal Olympic complex and former airport, once earmarked as a metropolitan park but largely abandoned for the past decade. An agency statement Monday said its advisers submitted two separate positive opinions on Lamda Development’s 915 million-euro ($1.26-billion) offer […]

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