Shares of SBB were up 27% at 10 a.m. London time after Bloomberg reported the troubled Swedish property group had attracted interest from investors including Brookfield Asset Management.
The aggregate purchase consideration for the Acquisition is approximately €76.8 million.
The Casa Cook and Cook’s Club brands feature 16 franchised properties across prime sun and beach locations in the Mediterranean and Red Sea.
The property is strategically located in Combs-la-Ville, a prime logistics hub only 35 kilometres south of Paris.
the project is located at "Xyloftes-Schinias-Tholos Kavousiou" in the municipality of Ierapetra Lasithi.
Nestpick’s platform lists month to month rentals of furnished accommodation. The company is registered in Germany, with offices in New York.
The investment comprises a 5-star hotel with 123 rooms and suites, as well as 17 branded luxury residences / apartments.
This is the company's third investment in the Greek hotel market.
Deutsche Bank, Ernst & Young, Deloitte and Freshfields Bruckhaus Deringer acted as advisors.
The GREGY - Green Energy Interconnector project concerns the electrical interconnection of Egypt directly with mainland Greece.