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This deal brings the EU one step closer to completing the “Fit for 55” legislation to deliver the European Green Deal and the REPowerEU objectives.

The company's portfolio comprises more than 6,500 properties of the most important banks and investment schemes in Greece

The future Meliá Bečići Budva will have 294 suites, of which 140 will be apartments measuring up to 118 sqm, all designed to adapt to the different needs of different types of travellers.

The acquisition is part of its property development arm Gamuda Land’s quick-turnaround-project (QTP) strategy