The seasonally adjusted Overall Turnover Index in December 2023, compared with the corresponding index of November 2023, increased by 3.6%.
The Transaction remains subject to certain conditions and is expected to fund in Q1 2024.
The acquisition price is €97 million.
The changes in the law also provide for a 30% discount on the purchase of the property.
The minister stated that the limits on property transactions were no longer necessary in the current economic and market conditions.
The group has been incorporating in the hotel industry since 1993, particularly specialised in the hospitality sector and focuse in detail.
The estimated budget for the construction of 75 sqm residences, which will cover an area of 700+ sqm, is approximately 1,400,000 euros.
After the project implementation, there will be no need for time-consuming searches of paper files.