Company signs agreement for development of Sani-Kassandra property on Halkidiki

Sani Development and Tourism Company SA, the highest bidder for the development of the Sani-Kassandra property on the Halkidiki peninsula, signed the agreement for the development of the area assessed at 8.6 million euros, the Hellenic Republic Asset Development Fund (TAIPED), a member company of Growthfund, the National Fund of Greece, said on Tuesday. Sani's winning bid had been announced in January.

The property is a plot covering 276,492.70 square meters and an independent part of an area covering 915,099.72 sq.m. It is located at Metochi Stavronikita, outside the boundaries of the municipal unit of Sani in the Kassandra, in an area which constitutes the farm of the Rural Penitentiary of Kassandra.