Investing in Development

HRADF’s philosophy is to act as a strategic partner for the Greek State to attract investments, enhance the Greek economy’s growth potential, strengthen its international credibility, and produce national wealth.

Investing in Development

HRADF’s philosophy is to act as a strategic partner for the Greek State to attract investments, enhance the Greek economy’s growth potential, strengthen its international credibility, and produce national wealth.

HRADF IN NUMBERS (2011-2020)

0
Privatisations
 completed
0 bn+ €
Proceeds
0 bn+ €
Total spillover effect
0
Properties reviewed
for development
0 bn+ €
Effect on GDP
per year*
0
Full-time jobs
impact on employment*

* Source: ΙΟΒΕ

COMPLETED PROJECTS

Infrastructure

14 Regional Airports

Land Development

Hellinikon

Listed Companies

Piraeus Port Authority S.A. (PPA)

Infrastructure

DESFA S.A.

Project Preparation FaCILITY

The purpose of this new unit is to mature, carry out the tender process, and supervise the implementation stage for projects of strategic importance, which are classified as part of the Strategic Project Pipeline”.

PPF is well placed to support every governmental organisation in its efforts to prepare and implement projects, which may be funded by national, European, or international funding programs. Once these projects are classified as part of the Strategic Project Pipeline”, the PPF can efficiently manage the projects in order to mature and accelerate them. 

ABOUT US

The Hellenic Republic Asset Development Fund S.A. (HRADF) was established in 2011 according to its founding Law No. 3986/2011 with an initial mandate to leverage the State’s private property assigned to it by the Hellenic Republic.

Sustainable growth

HRADF has already forged and evolves the Sustainability/ESG Policy to attract responsible investments for the benefit of the Greek economy and society while contributing to the achievement of the energy and climate goals set by the country.  

According to HRADF’s founding law, “in pursuing the purpose of the Fund, particular care shall be taken to contribute to the achievement of the objectives of the European Green Deal and the 17 Sustainable Development Goals (SDGs) of the United Nations”.