Prodea in 2020 announced the strategic collaboration with Invel Real Estate and YODA Group of Mr. Ioannis Papalekas, in the hospitality sector. MHV will be the investment arm of the Group in the hospitality and tourism sector in Greece, Cyprus and the wider Mediterranean region, and already, as Prodea recently announced,
With the aim of implementing a "green approach" to both human capital and the economy in the sense of sustainability, the project "EGD4Cities - European Green Deal for Cities" has been implemented since September 2020, with a total duration of 24 months.
Catella European Residential Fund III acquires the first energy-positive Elithis Tower, that will produce more energy than it consumes, in Saint-Etienne, France.
HB Reavis Group and Zeus Capital Management announced the completion of the sale and purchase of Váci Corner Offices.
The European Commission has announced its market borrowing program to finance the Recovery Fund, which shows that it will be borrowing around € 150 billion a year until 2026.
A full recovery of tourism is not expected before 2025 according to the provisional data of the annual survey of Phocuswright, presented in the context of the 4th International Hospitality Forum, which was conducted digitally under the auspices of the Hotel Chamber of Greece.
Two new studies, published by the Institute of the Association of Greek Tourism Enterprises (INSETE) in the context of its periodicals, are enriching the databases of Greek tourism, which will be the basis for comparison during the planning of the next period.
The share purchase price amounted to €11.2 million of which €7.6 million was paid upon the transfer of the shares.