Hellenic Public Properties Company

  • Sector Real Estate Management
  • Participation 100%
  • Number of voting shares 123,620,000

Hellenic Public Properties Company

Hellenic Public Properties Company (HPPC) is the largest company for the management and development of private real estate in the Greek State. Its main objective is the optimal utilization of assets held or included in its portfolio most appropriately and efficiently, with absolute transparency and accountability in the public interest and in accordance with the rules of the private economy of the assets that come into its ownership, or those whose management is entrusted by the State, by legal entities governed by public law or by legal entities governed by private law, the share capital of which belongs directly or indirectly to the Greek State.

HPPC also manages as separate Business Units, emblematic properties of special tourist, cultural and commercial interest, included in its portfolio, such as Vouliagmeni Beach, Diros Caves, Achilleion Museum, Asprovalta & Fanari Camping, Thermal Springs (T.S.) of Edipsos, T.S of Kaiafas, T.S of Ypatis and T.S of Nigrita, Thessaloniki Marina, the parking of Thessaloniki, the Voras Ski Center – Kaimaktsalan and the Parnassos Ski Center.

Highlights

  • Implementation of a new project of registration, valuation and maturation of 36,000 real estate assets
  • Published a series of tenders for the utilization of emblematic properties throughout Greece
  • Gradual improvements and transformation of HPPC into a modern Real Estate company with international standards and multiplier benefits for the country and local communities
  • Over 2,800 leases and concessions
  • 20% increase in turnover for 2024
  • Implementation of a policy of expulsions of large, chronic and systematic large debtors
  • 400 checks through on-site autopsy or satellite imagery
  • Gradual Business Units’ upgrades with public-friendly services and full accessibility for Persons with Disabilities (PwD)

As the sole shareholder, Growthfund appoints the majority of Board members.

Board of Directors Sustainability Report

Contact information

Voulis 7, 105 62​, Athens, Greece

+30 210 333 9416

info@hppc.gr