A three-way consortium comprising Fraport AG, Pileas SA (Constantakopoulos Group) and Delta Airport Investments SA (Kopelouzos Group) has been named as the preferred investor for Kalamata airport by the Superfund.
The 40-year concession foresees the management, development, and operation of the airport through a comprehensive investment plan that aims at the further upgrade and improvement of accessibility in the area.
According to the consortium, its goal is to develop a modern airport that can attract more flights, meet travelers’ needs and improve the Peloponnese’s position in the global tourist market.
To that effect, it will pay out an initial amount of 45 million euros at the start of the concession, while the total revenues to be paid to the Superfund during the 40-year contract are expected to amount to €71.2 million.
In addition, capital expenditures will reach €2.3 million, according to the investment plan that will be completed within the first three years of the concession.
“The participation of the Constantakopoulos Group in the consortium confirms the continuing confidence and investment in Messinia, one of Greece’s regions with significant opportunities for further tourism development,” said TEMES SA, which is part of the Constantakopoulos Group.
TEMES, which operates the Costa Navarino resort in Messinia, said it was continuing “its investments in the region, contributing to its establishment as a model high-quality sustainable destination for those who visit or live there.” [AMNA]