The Hellenic Public Properties Company (HPPC) SA, a subsidiary of the Hellenic Republic Asset Development Fund, has successfully completed a significant business agreement involving the sale of its 25% stake in Marina Zeas S.A. to the majority shareholder, D Marinas Hellas S.A.

The agreement also includes a nearly 40% increase in the annual fixed rent that the tenant, Marina Zeas S.A., pays to HPPC for the lease of the marina. The process and assurance of the legality of the transaction were supported by the leading consultancy firm Deloitte Business Solutions S.A. and the distinguished law firm Karatza and Partners.