The newly issued €600 million 15-year bond was fully subscribed by the National Bank of Greece and Piraeus Bank.

The seed portfolio will comprise c. 28,400 sq ft of new, high-quality space.

The developments will be completed in the first quarter of 2025.

Accommodation and Food Service sector turnover soared 242%.

EPRA's opinion on the impact of economic challenges

The portfolio consists predominantly of legacy non-performing loans.

Ethos Vegan Suites, the small hotel occupies a typical, 20th-century house in the Santorini capital

According to JLL's 2022 Global Real Estate Transparency Index