The Hellenic Republic Public Asset Development Fund

The Greek Company of Property and Holdings SA was created in May 2016 by the Greek parliament as the fourth part of the general law "Urgent provisions for the implementation of the Agreement for fiscal goals and Structural Reform and other provisions". All assets of the Greek state for sale to individuals or "co-management" with so-called institutions were transferred to this company for 99 years, a procedure which is a mere formality since this