(BFW) Greece to Miss Asset Sales Revenue Target This Year: Kathimerini


Greece to Miss Asset Sales Revenue Target This Year: Kathimerini
2014-09-19 06:23:44.215 GMT


By Nikos Chrysoloras
Sept. 19 (Bloomberg) -- Hellenic Republic Asset Development
Fund’s total 2Q revenue from state asset sales, real estate
leasing was EU309m, Kathimerini reports, without citing anyone.
* HRADF 1Q revenue was almost zero; revenue since June
insignificant: Kathimerini
* Almost certain that total 2014 revenue will fall short of
revised target of EU1.5b this yr: Kathimerini
* HRADF may get EU187m from sale of natural gas grid operator
DESFA this yr, EU100m from sale of Astir Palace hotel
complex in Athens: Kathimerini
* Real estate securitization unlikely to be completed before
1H 2015; maximum expected revenue for 2014 at EU1b:
Kathimerini
* NOTE: Deadline for horse-betting concession is today; OPAP,
Global Family Partners venture has committed to bid


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To contact the reporter on this story:
Nikos Chrysoloras in Athens at +30-210-7419022 or
nchrysoloras@bloomberg.net
To contact the editors responsible for this story:
Vidya Root at +33-1-5365-5018 or
vroot@bloomberg.net
Eleni Chrepa