
The aim is to become a pole of attraction for clients from the Balkans as well as European citizens.

At the same time, according to information from Intrum Hellas, they have already been fully remedied and have returned loans amounting to €8 billion to the banks.

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 Casa Cook and Cook’s Club brands feature 16 franchised properties across prime sun and beach locations in the Mediterranean and Red Sea.

Rising interest rates, a slowdown in the commercial real estate (CRE) market and the proliferation of remote work pose challenges for smaller firms that made risky loans to finance office buildings, the analysts said.