Private Equity
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Grecotel buys five hotels in Mykonos and Corfu

Five hotel units, with a total capacity of 1,800 beds in Mykonos and Corfu, were bought by Grecotel. The total the investment amounted to 61 million euros, while an additional 43 million euros will be allocated for the upgrade of hotels and villas for sale.

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Greek presidential decree sets the investment standards for Atalanti Hills

From the total amount of that area, 294.063sqm shall be dedicated to hotel and other tourist facilities.

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Lampsa purchases Rhode's Sheraton hotel

The company said it planned to fully absorb Touristika Theretra SA by the end of 2018.

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Grupo Dolphin liquidates its portfolio and seeks to exit the Greek market

Mindlin was able to invest in Greek properties -at a relative bargain- at a time when the country has been experiencing its crisis pick and was engaged in MoU agreements with its creditors.

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  News Deals  |  Private Equity  |  Hotels  |  Greece
Thomas Cook invests in 2 new hotel properties in Greece

Following these acquisitions, the joint venture has almost doubled its portfolio in one year, in nine locations, four of which are located in Greece.

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Hines Buys Iconic Greece Office Asset

The company expanded its Athens footprint with the addition of a building, home to the Brazillian and Portuguese embassies, as well as Mastercard.

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  News Private Equity  |  Hotels  |  Greece
Blackstone announces the acquisition of five hotel in Greece

The five hotel businesses are located in the Greek Islands with two in Corfu, two in Zante and one in Crete.

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The €12M investment that will reshape the Arsakio Hall of Athens

The project expected to create 500 job openings direct and 5,000 job openings indirectly.

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  News Private Equity  |  Hotels  |  Crete
Hines Group acquires 3 Cyan Hotels in Crete

Hines Group intends to invest another 30 million euros in the renovation and modernisation of these three hot

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Techniki Olympiaki & BELTERRA reach agreement on Porto Karas

The first tranche that BELTERRA INVESTMENTS Ltd will pay for the portfolio will reach a total of €205.000.000.