The Hellenic Armed Forces Real Estate Development Service (YP.A.A.P.E.D.) operates under the direct authority of the Minister of National Defence and is responsible for the development of properties not used for military purposes. This development is carried out through long-term leases, for the benefit of the Hellenic Armed Forces.
On our website, you will find useful information, materials, and announcements related to the available properties for development and the overall mission of YP.A.A.P.E.D.
Our portfolio includes a wide range of investment opportunities across Greece, such as commercial and residential properties, office spaces, retail units, tourist resorts, assets for industrial and manufacturing use, as well as agricultural land and development plots.