ALPHA ASTIKA AKINITA SA., a member of the Alpha Bank Group, in cooperation with cosmoONE, proceeded to conduct one more electronic auction for the sale of property. The auction which was held on November 23 2005, was very successful, was of the English type and involved the sale of land worth more than one million euros in Kifisia, Attica

The role of cosmoONE during the implementation of the process was planning the auction, ensuring its optimum execution, and providing technical support to participants. Following a positive assessment of the results of the auction, Alpha Astika Akinita intends to continue its real estate selling procedures through the services of cosmoONE. It is worth noting that two more Online Auctions have been performed in the context of cooperation between the two companies.

The purpose of cosmoONE is to enable the dynamic restructuring of the negotiating methods in the field of Real Estate in Greece. It proposes new, more direct and effective procedures that add value to its customers, breaking free from inefficient procedures.