LAMDA Development SA - Company Profile
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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.
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 (2024)
$639.9M
-14.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
95.8%
(2024 vs 2023)
Market Cap*
$1.4B
Net Profit Margin (2024)
XYZ
129.3%
(2024 vs 2023)
* As of and is in US$
LAMDA Development SA premium industry data and analytics
Products and Services
| Services |
|---|
| Property Investment and Development |
| Property Leasing |
| Project Management |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, HELLINIKON S.M.S.A. signed agreements to sell two land plots in the Urban Development Area A-U2 within The Ellinikon. |
| 2026 | Divestiture | In February, the company sold its two land plots of a total maximum allowed buildable area of 15.7k sqm in the Urban Development Area A-U2. |
| 2025 | Corporate Awards | In August, the company's subsidiary Lamda Vouliagmenis S.M.S.A., received award for the structural works of The Ellinikon Mall. |
Competitor Comparison
| Key Parameters | LAMDA Development SA | Avax SA | Technical Olympic SA | Ellaktor SA | Babis Vovos International Technical SA |
|---|---|---|---|---|---|
| Headquarters | Greece | Greece | Greece | Greece | Greece |
| City | Athina | Athina | Nea Kifissia | Athina | Athens |
| State/Province | Attica | - | Attica | Central Greece | Attica |
| No. of Employees | 784 | 2,803 | 68 | 256 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
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 | - | - |
| Sissy Iliopoulou | Chief Marketing and Communications 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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