HIP secures financing from Alpha Bank for new investments in Greece
HIP secures financing from Alpha Bank for new investments in Greece
  Private Equity  |  Hotels  |  Ionian Islands  |  Crete

HIP secures financing from Alpha Bank for new investments in Greece

HIP is owned by real estate funds, managed by Blackstone.
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RE+D magazine
19.08.2021

Alpha Bank fulfils its commitment to support the Real Estate and Hospitality Sectors, by financing Hotel Investment Partners’ (HIP) extensive investment program concerning five hotels in key Greek resort locations in Crete, Zante and Corfu.

HIP is owned by real estate funds, managed by Blackstone.

In particular, the Bank finances the capital expenditure for the upgrade, renovation and repositioning of the five hotels, contributing to the reinforcement of the Greek Hospitality sector and the country’s brand identity as a major touristic destination worldwide.

The first project of the investment portfolio has already been completed, with the refurbishment and re-opening of the Domes of Corfu Autograph Collection, supported by Alpha Bank.