The former royal estate in Tatoi is being positioned for significant redevelopment, with timelines becoming more prominent as the project progresses. Following Easter, assessments will be completed for the submissions received during the initial phase of the tender process, which closed recently. Selected investors will move to the second phase, having at least one month to submit binding offers. If all proceeds smoothly during these competitive processes, summer could mark the beginning of final financial and technical proposals that will determine the contractor for a long-term concession lasting at least 65 years.

The process, managed by the Hellenic Republic Asset Development Fund, has already garnered interest from five investment groups, each with unique profiles but a shared capability to manage a complex project related to culture, tourism, and agri-food. This strategic development aims to transform the historical site into a modern destination that respects its heritage while also fostering economic growth through tourism and cultural initiatives.

Among the interested parties is Aktor Concessions S.A., a key arm of the Aktor group, indicating that the redevelopment is attracting significant players in the investment community. The project's success could not only preserve the historical significance of Tatoi but also enhance Greece's appeal as a tourist destination, creating an avenue for investment and revitalization within the local economy.