McBains
  • Home
  • About Us
  • Capabilities
  • Sectors
  • Projects
  • Our People
  • Crown Commercial Service (CCS) Framework
  • Careers
  • News
  • Contact
Recent Projects
  • Brighton 3T's Programme
    Brighton 3T's Programme View Case Study
  • Milton Keynes WEA – Area 10 Parcels S, T & U
    Milton Keynes WEA – Area 10 Parcels S, T & U View Case Study
  • Priors Hall Park, Parcels 5 & 5A
    Priors Hall Park, Parcels 5 & 5A View Case Study
  • Wintringham Park
    Wintringham Park View Case Study
  • Brighton 3T's Chapel
    Brighton 3T's Chapel View Case Study
  • Broadwater Road
    Broadwater Road View Case Study
  • Home
  • /
  • News
  • /
  • McBains Hellas appointed to advise on major new healthcare PPP project

McBains Hellas appointed to advise on major new healthcare PPP project

McBains Hellas appointed to advise on major new healthcare PPP project, as BRFAA and EBRD sign agreement on joint development of a new personalised medical research centre using PPP

The Biomedical Research Foundation of the Academy of Athens (BRFAA) and the European Bank for Reconstruction and Development (EBRD) signed in Athens on 9 July 2018 an agreement concerning the financing of a developmental Public/Private Partnership project for building a new BRFAA research centre that will provide personalised medical services and for renovating, in addition, the neighbouring “Loverdeion” building, in order to house a unit for clinical trials of novel and generic drugs.

The BRFAA is the biggest biomedical research centre in Greece and one of the first European centres undertaking translational research.

Located south of the ‘Sotiria’ hospital complex, the new and renovated facilities will cover 20,000 square metres and house state-of-the-art, high-tech laboratory infrastructures.

The European Bank for Reconstruction and Development (EBRD) will assume the responsibility to cover the costs of technical assistance in the organisation of the PPP and the costs of preparing tenders to attract private investors to design, build, finance and maintain the buildings.

Leading construction consultancy McBains Hellas has been appointed to act as technical advisors to this major new healthcare PPP project.

The total investment is estimated to be approximately €52 million, with the project set to be undertaken over a 3-year construction period and 24-year operating period.

McBains Hellas has been appointed as part of a consortium, led by Castalia - an international, economic advisory firm specialising in the governance and regulation of infrastructure services – who have an existing framework with EBRD. McBains Hellas will lead a team of local technical advisors, including FM, environmental and legal specialists.

Having steered Greece’s first ever PPP project to financial close during the country’s financial crisis, McBains Hellas has a detailed knowledge of the country’s needs and how the local market and economy operates, which is underpinned by our strong working relationships with key local stakeholders.

21st September 2018

You might be interested in...

Clive Docwra

CONSTRUCTION NEWS: What might COP28 mean for the construction sector?

06th December 2023

McBains has placed an opinion article in Construction News regarding COP28 and the construction sector

McBains North of England and Thames Valley teams on the move

McBains North of England and Thames Valley teams on the move

18th October 2023

The Manchester and Maidenhead teams move to new premises on Wednesday 18 October, 2024.

Clive Docwra

CONSTRUCTION NEWS: Rishi may be rowing back, but construction must push on with net zero

03rd October 2023

McBains has placed an opinion article in Construction News regarding the Government's recent announcement on net-zero policies

McBains Explains

Get the latest insights from McBains and industry news to your inbox each month.

By submitting your email address you are agreeing to us storing your data for the purpose of sending you a newsletter.

Explore McBains

  • Crown Commercial Service (CCS) Framework
  • Architecture
  • Building Services Engineering
  • Building Surveying
  • Digital Engineering (BIM)
  • Civil & Structural Engineering
  • Dispute Resolution
  • Employer's Agent
  • Masterplanning & Urban Design
  • Principal Designer / CDM Advisor
  • Project Management
  • Project Monitoring & Due Diligence
  • Quantity Surveying
  • Sustainability & ESG
  • Workplace
  • Education
  • Financial
  • Healthcare
  • Heritage
  • Hotels & Leisure
  • Housing & Masterplanning
  • Industrial
  • Motor Retail
  • Offices
  • Police & Custodial
  • Private Residential
  • Public Sector
  • Retail
  • Social Housing
  • Transport
  • Urban Regeneration

© 2023 McBains – Privacy Policy

Brand by David Carroll & Co . Design by Mutual & CIB

Compile your custom collection of content from around McBains to quickly share with your colleagues

Manage collection
Share collection
Download as PDF

Added to collection

Removed from collection

Your download will begin shortly.

https://mcbains.co.uk/s/{shortCode}