A) Corporate Portfolio B) Land Development

Transcription

1 A) Corporate Portfolio B) Land Development C) Infrastructure e 1

2 A) Corporate Portfolio The Hellenic Republic s extensive corporate asset portfolio includes assets from sectors such as gaming, banking, heavy industry and energy. These assets are in the process of being transferred to HRADF for privatization. The aforementioned assets include part or all of the Greek state s share in the following corporations: State Lottery Tickets Public Gas Corporation SA (DEPA) Hellenic Football Prognostication Organisation SA (OPAP) Hellenic Horse Racing Company SA (ODIE) Hellenic Defence Systems SA (EAS) Hellenic Petroleum SA (HELPE) Hellenic Post (ELTA) Hellenic Casino of Parnitha (HCP) Hellenic Vehicle Industry SA (ELVO) LARCO 2

3 Public Gas Corporation SA (DEPA) DEPA is the incumbent natural gas importer and distributor. It sources gas from a number of suppliers through long-term supply contracts and provides approximately 90% of the gas consumed in the country. DEPA holds 100% of DESFA, which holds, operates and develops the National Natural Gas Transmission System. DEPA also holds a 51% interest in the Gas Distribution Companies of Attica, Thessaloniki and Thessalia, which supply retail clients in their respective regions. The Hellenic Republic holds 65% of DEPA, with the remaining held by Hellenic Petroleum SA. The Hellenic Republic has appointed UBS, Rothschild and Alpha Bank as financial advisors as well as Koutalides Law Firm and Clifford Chance as legal advisors to assist with the privatisation. For more information you can visit DEPA website at 3

4 Hellenic Petroleum (HELPE) HELPE is the leading oil refiner and distributor in Greece and a significant player in the Southeast European market. It operates three refineries in southern and northern Greece which cover approximately 70% of the country s refining capacity, and a refinery in FYROM. Apart from ex-refinery sales to retail companies HELPE is also active in fuel retailing in Greece where it holds a c28% market share and abroad in Cyprus, FYROM, Bulgaria, Serbia, Montenegro and Albania. Additionally, HELPE holds stakes in the incumbent natural gas distributor and a joint venture in power generation, and operates Greece s sole petrochemicals plant. The Hellenic Republic holds 35.5% of HELPE, which is listed in the Athens Stock Exchange and has appointed UBS and Nomura as financial advisor and KGDI Law firm and Baker & McKenzie as legal advisors to assist with the privatisation For more information you can visit Hellenic Petroleum website at 4

5 Hellenic Defense Systems (EAS) Hellenic Defense Systems S.A. (EAS) was established in 2004 by merging Greek Powder & Cartridge Company SA ( known as PYRKAL ) and Hellenic Arms Industry SA (known as EBO ). EAS is a State owned company group active primarily in the defence sector (manufacturing and assembly of infantry weapons, anti-tank and missile systems, small and medium calibre ammunition, artillery ordnance), and secondarily in the civil sector (manufacturing of commercial explosives, hunting rifle ammunition, metal constructions and boilers). The Company operates five (5) manufacturing facilities in Greece equipped with technically advanced machinery. It complies with the AQAP 2110 NATO quality standard. Since its founding, EAS has entered into significant international co-operation agreements with major factors in the global defense industry, particularly in the R&D and manufacturing fields. Following long-term co-production activities under strict quality and compliance standards, EAS is now an acknowledged partner in the international defense industry. 5

6 B) Land Development The Hellenic Republic Asset Development Fund has launched a very ambitious project for the exploitation the Greek public sector s private properties, aiming to generate proceeds of 25 bn euro. The scope encompasses more than properties of the public sector that are currently managed/owned by public real estate companies (KED, ETA), DEKO and by various Ministries. Properties will be assessed and selected for exploitation on the grounds of general criteria (Free Properties, Urban Properties, Non-urban Properties > m2) and commercial factors (size, location, basic legal commitments, potential property uses). Development strategies will be designed for single assets and/or portfolios of assets that will emerge from this process. 6

7 Kassiopi, Corfu General Information Location Adjacent to the Kassiopi peninsula, Island of Corfu. Sea-front property situated c. 38 km north of the city of Corfu and its International Airport. The total number of foreign visitors to the Island exceeds 700,000 on an annual basis according to the Hellenic Chamber of Hotels. The majority of visitors are British, followed by Germans and Russians. The average tourism period is 5 months (May September), the peak tourist season being July-August, while Greek Orthodox Easter is also considered a peak season given the traditional festivities taking place in the island. Size The surface of the property is c. 490,000 sq.m, ( acres), more than half of its area covered by a private woodland including a small natural lake. The exploitable area is approximately 178,000 sq.m. (44.06 acres). The coastline frontage of the property is approximately 725m. Project Development Concept The property enjoys great natural beauty, located on a largely undeveloped part of the island of Corfu. Considering the site s location in close proximity to very exclusive properties such as the Rothschild Estate, its development potential and thus implied value could be extremely high. The property is offered for exclusive use as well as for development of an upscale residential complex, focusing on vacation villas and hotel / leisure facilities. The Hellenic Republic intends to proceed with all required actions promoting the exploitation and development of the land. 7

8 Afantou, Rhodes General Information Location The Afantou property consists of two neighbouring beachfront land plots located in the Afantou area of the island of Rhodes. The Rhodes International Airport, the city of Rhodes and the Rhodes Hospital are only 20km away. Both plots are very close to the Rhodes-Lindos Highway, the major road artery of the island. The property is situated in close proximity to very important tourist destinations of the island such as the famous Tsampika and Kolympia beaches. According to the Civil Aviation Authority-Rhodes International Airport, the island catered to a total of 3,473,000 International Passenger traffic in the year 2011, in addition to the 673,000 domestic traffic. These figures are further increased by the traffic at the port of Rhodes that in the same year amounted to 1,042,000 passengers. The majority of international arrivals come from the United Kingdom, closely followed by Germany, Italy, Russia and Sweden. Currently only one 5-star Hotel and one 4-star Hotel are operating in the Afantou beach area while the majority of the tourist accommodation is provided through guest rooms, villas and studios. Hotel operators such as Sheraton, Aldemar, Acquis, Grecotel and Louis have a strong presence on the island. Size The combined surface of the land plots is c. 1,858,000m², part of the property (c. 450,000 sqm) currently encompasses an 18-hole Golf course designed by Donald Harradine, which has been in operation since The coastline frontage is approximately 7km. Project Development Concept The property has the potential to be developed into a large scale integrated tourism, leisure, residential project around the existing golf course on a well established vacation destination such as Rhodes. The HRADF intends to proceed with the necessary steps set out in the new legal framework to enable the development of the property. 8

9 Astir Vouliagmenis General Information Location On a peninsula by the sea, known as Mikro Kavouri, in Vouliagmeni, Athens. Situated 20 km from the Athens centre and 25 km from the Athens International Airport. The adjoining properties are the Astir Palace hotel complex (owned by the National Bank of Greece NBG) and the Vouliagmeni Marina (in the process of privatisation by ETAD; Contractor is the Astir Palace group).the nearby Lemos area is the highest priced residential area of Athens. Size sq.m. (exploitable approx sq.m.) Project Development Concept The overall property has the potential to be further developed into a large scale integrated tourism / leisure / residential project around the existing hotels on a prime property. HRADF intends to proceed with the necessary steps set out in the new legal framework to contribute in the development of the property. 9

10 Thermal Springs Wellness & Thermal Tourism Greece is endowed with natural mineral springs and geothermal waters which form an integral part of the country s national wealth. Their therapeutic properties are well recognized since ancient times, offering treatment opportunities for various ailments in a natural way (hydrotherapy). Thermal springs have long been associated with improving mental and physical health and many popular tourism developments have evolved around these natural resources. Increasing demand for authentic health and lifestyle experiences based on geothermal and natural mineral water resources, has created the opportunity for Greece to become an international wellness destination. Thermal Springs in Greece The Hellenic Republic Asset Development Fund is exploring the development potential of thermal/wellness tourism in Greece aiming to capitalize on the existing network of thermal springs. Currently, the following thermal springs are under consideration: EVIA Prefecture Aedipsos Location Very popular thermal spa destination in Greece Located on the northwest coastal front of the Evia Island Access from mainland, either via Chalkida (191km from Athens),or by ferry from the port of Arkitsa (156 km from Athens) History - Description The springs are known since the days of Aristotelis and their use dates back to the 3rd century BC The spring were very famous during roman period In proximity to areas of historical interest and natural beauty Buildings - Land Site One of the most modern and complete facilities in hydrotherapy and physiotherapy in Greece 10

11 Consists of a complex of 10 buildings covering a total area of 9, m² built on a 23,500 m² land plot Temperature - Characteristics C Superheated - Cl - Na - K - Br - B - CO2 - mineral - supertonic Therapeutic Properties * Recommended for treatment of rheumatism, arthritic deformations, ankylosing spondylitis, nervous disorders, sciatica, lumbago, post-traumatic deformations and gynecological ailments Ypati Location Located in mainland Greece, in the Prefecture of Fthiotida In proximity to the city of Lamia (18 km) and at a distance of 230km from Athens Situated in a wooded area in the Sperheios plain, the springs are considered similar to the Baths of Royat in France and Nauheim in Germany in terms of physicochemical composition History - Description In proximity to areas of historical interest and natural beauty Buildings - Land Site Includes a hydrotherapy center, hotel, restaurant, shop and several other buildings, developed on a 868,000 m² land plot Temperature - Characteristics 33.5 C Cl - Na - Ca - HCO3 - K - B - AS - CO2 - mineral - hypotonic Therapeutic Properties * Recommended for treatment of heart disorders, hypertension, rheumatism, arthritis, migraine, post traumatic situations and chronic nervous diseases. FTHIOTIDA Prefecture Kamena Vourla Location Located in mainland Greece, on the coastal front of the Prefecture of Fthiotida, in a beautiful setting between the mountains and the sea 11

12 In proximity to the city of Lamia (38 km) and at a distance of 165 km from Athens The springs were formed by geological incidents in Maliakos Bay and in the mountains Kallidromo Knimida History - Description In proximity to areas of historical interest and natural beauty Buildings - Land Site The complex includes dated hotels and a hydrotherapy center with a total area of 16,610 m² developed on a 554,206 m² land plot Temperature - Characteristics :C Superheated - Cl Na - K - Br - B CO2 - mineral - supertonic Therapeutic Properties * Recommended for treatment of chronic rheumatism, arthritis, nephritis, gout and nervous disorders, gynecological ailments, skin and circulatory system diseases. Koniaviti/Kamena Vourla Location Located in mainland Greece, on the coastal front of the Prefecture of Fthiotida. In proximity to the city of Lamia (37 km) and at a distance of 166 km from Athens. History - Description In proximity to areas of historical interest and natural beauty Buildings - Land Site The complex includes dated buildings covering a total area of 1,510 m² and developed on a 1,061,955 m² land plot Temperature - Characteristics : Cl - Na - K - B - Br - mineral -hypotonic Therapeutic Properties * Recommended for treatment of rheumatism, arthritic deformation, gynecological ailments, skin and vascular diseases. 12

13 Thermopylae Location Located in mainland Greece, in the Prefecture of Fthiotida. In proximity to the city of Lamia (15 km) and at a distance of 185 km from Athens History - Description Area with great historical interest, where the famous battle of Thermopylae between the Greeks and Persians took place in 480 BC. According to Greek mythology, Hephaestus, at the request of goddess Athena, created springs for Hercules to wash and rest following the completion of his labors. Buildings - Land Site The complex includes a hydrotherapy center, two dated hotels, an administration building and a chapel, developed on a 785,398 m² land plot. Temperature - Characteristics 40 C Superheated - Cl - Na - Ca - K - B - Br - HS - mineral - hypotonic Therapeutic Properties * Recommended for treatment of rheumatism, gynecological and peripheral nerves diseases. 13

14 Xenia Hotels Xenia Hotels, was a nation-wide hotel programme initiated by the Hellenic Tourism Organisation to improve the country s tourism infrastructure in the 1960s and 1970s. Many of the hotels have been designed by well-known Greek architects and have been categorized as listed buildings, in view of their architectural value. Located in arguably the most advantageous locations of Greece, their architectural style, aesthetics and unique features have rendered them a landmark in the country s hotel sector. 14

15 C) Infrastructure The Greek Government has an extensive portfolio of infrastructure assets for privatisation via concession and/or sale. These assets are gradually transferred to the HRADF; interested investors will be notified via calls for tender and calls for expression of interest. The portfolio includes, among others: OSE (Hellenic Railways Organization): Railway Operator (TRAINOSE SA),, Maintenance of Rolling Stock & Railroad Equipment (ROSCO) Athens International Airport Regional Airports 4 aircrafts type Airbus , Egnatia Odos Motorway, the Hellenic Motorways SA (recipient of toll revenues paid to the HR) the Athens Water Supply and Sewerage Company (EYDAP SA) Thessaloniki Water Supply and Sewerage Company (EYATH SA) 12 ports as companies of limited liability Small ports and marinas Greek Power Corporation (DEI) Natural Gas Storage South Kavala Mobile Telephony Licences (Frequency Spectrum ( MHz) 15

16 Egnatia Odos Motorway The Egnatia Motorway crosses all Northern Greece, from East to West, starting from the Igoumenitsa Port, which links Greece to Italy, ending at the Greek-Turkish border. Egnatia Motorway is a catalyst for investments in Northern Greece, in the transport, manufacturing and tourism sectors. It greatly facilitates trade and travel within Greece, bringing Epirus and Western Macedonia much closer to the metropolitan center of Thessaloniki (2nd largest Greek city), the rest of Macedonia and Thrace. On a European level it links the major economic and industrial centers of the West with those in the East by adding an uninterrupted trading connection between them. It is also a collector route for the Balkan and South-eastern European transport system, since Pan-European Corridors IV (Berlin - Sofia - Thessaloniki), IX (Helsinki - Alexandroupolis) and X (Vienna - Belgrade - Thessaloniki) end at the Egnatia Motorway. Egnatia Motorway is positioned to serve: 36% of the country s population 33% of the country s GNP 54% of the country s agricultural land 41% of the country s employment in industry/small trade 51% of the country s extractive industry KEY FACTS LENGTH: STRETCHING: REGIONS SERVED: MAJOR CITIES SERVED: LINKED WITH THE BORDERS OF: PORT LINKS: AIRPORT LINKS: INDUSTRIAL ZONES SERVED: 670 kilometres From Igoumenitsa in the Prefecture of Thesprotia to Kipi in the Prefecture of Evros Epirus, Macedonia and Thrace Igoumenitsa - Ioannina - Metsovo - Grevena - Kozani - Veroia - Thessaloniki - Kavala - Xanthi - Komotini Alexandroupoli Albania - FYROM - Bulgaria - Turkey, through nine major vertical axes Igoumenitsa - Thessaloniki - Kavala - Alexandroupoli Ioannina - Kastoria - Kozani - Thessaloniki - Kavala Alexandroupoli Ioannina - Florina - Edessa - Thessaloniki - Kilkis - Serres - Drama - Xanthi - Komotini Alexandroupolis, either directly or through its vertical axes 16

17 The Hellenic Republic has appointed Barclays Capital, Rothschild & Ernst &Young as financial advisors, Tsimbanoulis Law firm and SNR Denton as legal advisors, and Steer Davies as technical advisor to assist with the privatisation. For more information you can visit Egnatia Odos website at 17