While analysts at UBS see more pain ahead, it’s not as many closures as the investment bank had initially projected about a year ago.

EKTER through the consortium "EKTER SA" - ERETVO SA - THEMELI SA - TECHNICAL SOCIETY CHRISTOFOROS D. KONSTANTINIDIS SA » was declared successful contractor.

The upland area of the marina covers approximately 78,000 sq.m.

“MRP TAVROS S.A.” the Eligible Investor

The Council of State keeps on freezing investment projects in the Greek islands

This acquisition will increase PHP's portfolio to a total of 524 assets.

Τhe cost of the project amounts to € 22.8 million (including VAT € 28.27 million) and the duration of the project is set at 30 months from the date of signing the contract.

The hurdles weighting on young couples and result in excluding them from real estate market transactions.

The acquisition comes off the back of the firm’s recent purchase of a senior living property in central Toulouse.

It is still pending the exact time that the factory would be again operational.