The Hellenic Public Properties Company (HPPC) S.A. is the largest company for the management and exploitation of state-owned properties in Greece and is a 100%owned subsidiary of the Hellenic Corporation of Assets and Participations S.A. (HCAP) pursuant to Law 4389/2016.
The company was established from the merger of four state-owned companies for the management and exploitation of the following properties:
- Greek Tourism Properties S.A.
- Olympic Properties S.A.
- Public Real Estate Company S.A.
- Attica Coastal Front S.A.
HPPC operates in the public interest using market-based principles.
The company’s goal is to achieve the most effective exploitation of state-owned real estate assets under its management. The goal is to maximize the value of these assets while also safeguarding their natural and cultural value.
First and foremost, HPPC seeks to create and ensure long-term value for the country. To do so, the company focusses on value-creating investments through potential synergies and strategic alliances, so as to actively contribute to creating in the long-term a sustainable competitive advantage for the country.