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2 clusters · 7 sources · 23 days · First seen · Last updated

Categories: BUSINESS

Ellinikon real estate project with Ten Brinke

Entities: Paiania · Intracom Holdings · Ten Brinke Hellas · Lamda Development · Nikos Hardalias

Overview

In early July 2026, Ten Brinke assumed control of a €100 million redevelopment scheme in the Ellinikon area after the withdrawal of another investor, Centric. The takeover positioned Ten Brinke as the primary developer for the site.

By late July, Ten Brinke expanded the venture by partnering with Greek firm Intracom Holdings. Intracom bought two parcels totaling 20,897 m² for €41.5 million, which will be held through Ten Brinke‑controlled subsidiaries. Intracom will develop horizontal properties on the land, while Lamda Development, the seller, expects a pre‑tax gain of about €31 million. The collaboration signals a joint effort to advance the Ellinikon redevelopment with substantial investment and coordinated planning.

Timeline

  1. 2 days ago

    [BUSINESS] 6 sources
    Intracom Holdings partners with Ten Brinke in €41.5 million Ellinikon land acquisition

    Intracom Holdings acquired two Ellinikon parcels for €41.5 m via Ten Brinke subsidiaries, launching a joint development project and giving Lamda Development an estimated €31 m pre‑tax gain.

  2. 25 days ago

    [BUSINESS] 2 sources
    TEN BRINKE Takes Over €100 M Ellinikon Project After Centric Withdrawal

    Centric exits a €100 M Ellinikon residential project; TEN BRINKE assumes the venture alone and pays €1.75 M compensation.

Sources

banks.com.gr · businessdaily.gr · dealnews.gr · irafina.gr · messinialive.gr · mononews.gr · ypodomes.com