Lamda Development Expects €600 Million in Ellinikon Cash Collections in 2026

Bitget2026/11/04 17:31

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Lamda Development expects Ellinikon cash collections of €600 million in 2026, with capital expenditure also forecast at €600 million.
Cumulative collections reached €1.85 billion through September, while capital expenditure totaled €1.41 billion since the project's start.
Remaining proceeds of €700 million from residential units launched to date are expected to be collected through 2028-29.
A €41.5 million sale of two land plots completed in July 2026 is expected to generate approximately €31 million pretax accounting profit.
Riviera Galleria remains on budget, with completion expected by early 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lamda Development SA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lamda Development Expects €600 Million in Ellinikon Cash Collections in 2026

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