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The total investment will be in the region of €35m and will be funded by the proceeds of the green bond that PRODEA issued in July 2021.
The corresponding index in November 2020 had recorded a decrease of 9.9% compared with November 2019.
Expected to open in summer 2022, W Costa Navarino is anticipated to mark the latest addition to the ever-expanding W Escapes portfolio in Europe following locations in Spain, Switzerland and Portugal.
Holland & Barrett is the UK’s leader in health & wellness and one of the largest wellness retailers in Europe.