The five hotel businesses are located in the Greek Islands with two in Corfu, two in Zante and one in Crete.
The portfolio's net book value reaches €23,8million.
The project expected to create 500 job openings direct and 5,000 job openings indirectly.
The size of the store will be 8.000 sq.m. and it will open in the second semester of 2020.
The transaction will be finalised upon fulfillment of relevant governmental approvals.
Hard Rock International (HRI), the other candidate in the tender, has a 10-day deadline to object to the decision or to resort to the Council of State.
Hines Group intends to invest another 30 million euros in the renovation and modernisation of these three hot
The first tranche that BELTERRA INVESTMENTS Ltd will pay for the portfolio will reach a total of €205.000.000.
PiraeusTower is the second tallest building in the wider region of Attica.