The process is estimated to be completed by December 2024.

Full operation is expected by the end of 2029.

Trafalgar Trading Estate comprises 11 units totalling over 79,000 sq ft of industrial space.

The price of the transaction represents a premium of 15% over the initial committed investment of GEK TERNA in the project.

The hotel will continue to operate under the Hyatt franchise and be managed by a Yiannis and Tina Daskalantonakis' interests firm.

The properties comprise a total lettable area of over 127,000sqm.

The brand-new Frigoserve facility is located in the Nynäshamn Municipality of Stockholm County.

The asset located in Schimatari was acquired for €6,367,858.

Tender declared for a technical consultant who will take over the process and operate the new company for the first years.