LAMDA Development SA - Company Profile

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LAMDA Development SA: Overview

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LAMDA Development SA (Lamda), a subsidiary of Consolidated Lamda Holdings S.A., is an investment holding company. It invests, develops, leases, and manages real estate properties. The company’s portfolio includes single and multi-family residences, business parks, office buildings, commercial buildings, leisure centers and logistics buildings. Its development portfolio comprises the Mall Athens, Golden Hall, Mediterranean Cosmos, Designer Outlet Athens, and the under-development The Ellinikon Mall and Riviera Galleria. Marinas including Flisvos Marina, Agios Kosmas Marina, and the future Corfu Mega Yacht Marina. The company’s investment portfolio includes retail, land, offices, and other income-generating assets. Lamda operates across various countries including Serbia, Bulgaria, Montenegro, Luxembourg, the Netherlands, Cyprus, and Romania. Lamda is headquartered in Marousi, Attica, Greece.

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Headquarters Greece
Address Kifissias Avenue 37A, Maroussi, Athina, Attica, 15123
Website www.lamdadev.com
Telephone 30 21 07450600
No of Employees 784
Industry Construction
Ticker Symbol & Exchange LAMDA (ATH)
Revenue (2025) $639.9M -14.7% (2025 vs 2024)
EPS XYZ
Net Income (2025) XYZ 95.8% (2025 vs 2024)
Market Cap* $1.3B
Net Profit Margin (2025) XYZ 129.3% (2025 vs 2024)
* As of and is in US$
View LAMDA Development SA financials
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LAMDA Development SA premium industry data and analytics

8

Project Contacts

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5

Construction Projects

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on LAMDA Development SA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Property Investment and Development
Property Leasing
Project Management
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In June, the company entered into an agreement with Rizzani De Eccher SPA and Avax SA to provide pre-construction management services in the form of Early Contractor Involvement for the development of the Vouliagmenis Mall Complex.
2022 Contracts/Agreements In December, the company signed a memorandum of cooperation with the Municipality of Ellinikos-Argyroupoli for spreading the benefits of the project of Ellinikos more directly and faster to all the residents of the Municipality and to the wider society.
2022 Contracts/Agreements In October, the company entered into an agreement to acquire 20% stake in R Energy 1 Holding.
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Competitor Comparison

Key Parameters LAMDA Development SA Avax SA Ellaktor SA Technical Olympic SA Babis Vovos International Technical SA
Headquarters Greece Greece Greece Greece Greece
City Athina Athina Athina Athina Athens
State/Province Attica - Central Greece Attica Attica
No. of Employees 784 2,853 604 68 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Odisseas Athanasiou Chief Executive Officer; Director Executive Board 2006 -
Harris Goritsas Chief Financial Officer Senior Management 2021 -
Christos Nikolopoulos Chief Operating Officer Senior Management 2008 -
Theodoros A. Gavriilidis Chief Investment Officer Senior Management - -
Apostolos Zafolias Chief Strategy and IR Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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