Alimos, Chios marinas put up for sale in privatisation plan

Alimos, Chios marina up for sale

Greece's privatisation agency HDRAF has launched the sale procedures for two of the country's top marinas: one in Alimos (southern Athens) and a second on the island of Chios.

The sales are part of a push by Greece to raise 5.5 billion euros in revenues from state assets by 2018 as demanded by the country's international creditors. The main assets slated for sale include a 66 percent stake in the natural gas grid DESFA and a 67 percent stake in the port of Thessaloniki.

HDRAF said that investors have until January 16 to express their interest in the Alimos marina.

"It is the most important marina in Greece and amongst the biggest marinas in the Eastern Mediterranean," it said in a statement. "The Marina of Alimos, currently offering 1,100 berths for leisure boats of various sizes, serves to a great extent the berthing needs of the yacht charter market of Athens."

It is Greece's second attempt to sell the Alimos marina. A previous tender drew little investor interest as the sale of the Alimos marina had been grouped with other smaller marinas in the Saronic Gulf. On a stand alone basis, Alimos is expected to draw solid investor interest.

For the sale of the marina in Chios, investors have until January 18 to express their interest.