Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Greece Sells Properties Including London Consul’s Townhouse

April 4 (Bloomberg) -- Greece sold four properties outside the country, including the U.K. consul’s residence in London, as the government raises money to pay its debts.

The townhouse in London’s Holland Park neighborhood was sold for 23.3 million pounds ($35.2 million), the Hellenic Republic Asset Development Fund said in an e-mailed statement late yesterday. A property in Nicosia, Cyprus, fetched 8.3 million euros and real estate in Brussels and Belgrade was sold for a combined 5.3 million euros.

Greece has pledged to generate 11.1 billion euros from asset deals by 2016. Finance Minister Yannis Stournaras said in January that property transactions rather than budget cuts should be used to improve Greece’s balance sheet. Real estate makes up about 75 percent of the state’s assets.

The sales process for one property in Tashkent, Uzbekistan, and another in Ljubljana, Slovenia, will start within 15 days, according to the statement.

To contact the reporter on this story: Patrick Gower in London at

To contact the editor responsible for this story: Andrew Blackman at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.