Bundling state assets for sale

National Economy and Finance Minister Kostis Hatzidakis has put in place a plan for the creation of small holding companies of public interest that will be endowed with appropriately selected properties from the portfolio of the Hellenic Public Properties Company (ETAD) and will then go out to sales tenders.

In this context, tenders are under way in collaboration with the Superfund for privatizations for the mapping of 36,000 properties that are in the ETAD portfolio. Based on that, it is expected that 6,000 properties will be valued, while at the end 1,000 of them will enter the immediate maturation and utilization plan.

However, as the minister explained on Thursday from the stage of the Hellenic Public Property Conference, "there will not be 1,000 different tenders. Different packages will come out with possibly different companies for each of them in order to make...