Lamda Development raises 650 million euro euros from rights issue

ATHENS (Reuters) - Greece's Lamda Development raised 650 million euros (558 million pounds) via a rights issue to help finance part of a landmark project at Athens' former Hellenikon airport, it said on Tuesday.Lamda, controlled by the Latsis family, announced the cash call in October to help fund a 8-billion-euro plan to turn Hellenikon, a sprawling site of disused runways, terminals and venues used for the Athens 2004 Olympics, into a complex of luxury homes, hotels, offices and a casino. The..