The company has already begun the study of the development of the property and its reconstruction.
Phāea Resorts will offer sales, marketing and revenue management services to the company.
The measures taken by the Greek Government to address the effects of the Covid-19 pandemic resulted in a reduction of €1.5million on Group’s rental income.
The Psyttalia Wastewater Treatment Plant is among the largest wastewater treatment plants in Europe and worldwide.
All 3 OCGTs are expected to enter commercial operation during 2024.
The move is part of the wider strategic planning of the group for the development of a strong real estate portfolio.
Has upgraded the long-term deposit ratings of National Bank of Greece S.A. and Eurobank S.A. to Ba3 from B2, Alpha Bank S.A. to B1 from B2 and Piraeus Bank S.A. to B2 from B3.