Wednesday 25.06.2025 ΚΕΡΚΥΡΑ

Asani building contract awarded to Kontos Concreate A.T.E.

restoration
25 Jun 2025 / 09:13

CORFU. The company submitted the highest bid, amounting to €33,502.42, and will undertake the restoration and renovation of the property.

The Athens construction company "Kontos Concreate A.T.E." was the highest bidder in the online tender for the lease of the historic "Asani" building in the heart of Corfu Old Town, according to an announcement by the management of ETAD (Public Properties Company).

The company submitted the highest bid, amounting to €33,502.42, and will undertake the restoration and renovation of the property.

This construction company, based in Kifissia, operates across a wide range of public and private sector projects. Its main area of expertise is the restoration of historical monuments and listed buildings, as well as bioclimatic regeneration of urban areas, such as museums, theatres, hotels, infrastructure projects (including square revitalisations, roadworks, and hydraulic works).

The company leverages its properties using financing tools such as long-term leases in exchange for construction and exploitation, land-for-construction arrangements, and purchase and development of properties either for itself or on behalf of third parties, with partial or full self-financing of their redevelopment.

The “Asani” building, a six-story structure with a total area of 867.40 square metres, stands prominently in Old Town Hall Square and forms part of the unified archaeological site of Paleopolis and the Old Town of Corfu, which has been recognised as a UNESCO World Heritage Site.

The lease duration is set at 30 years, with the possibility of a 10-year extension, ensuring the sustainable use of the property and the enhancement of public revenue.

According to ETAD, the redevelopment of “Asani” is part of its strategic plan to activate public properties of significant cultural value.

As highlighted, the company’s priority is to showcase properties that have been long neglected and require substantial interventions due to their deteriorating condition and potential risk.

This initiative represents yet another strategic move, combining cultural heritage with local development


GIORGOS KATSAITIS