REIC

The property was acquired by Ten Brinke Hellas in December 2022, with a total price of €6.5 million.

The hotel, located near Sarakiniko beach, has a total of 30 suites, each offering a private pool and uninterrupted sea view.

The purchase price was at €31.5 million and the acquisition was financed by the funds raised from Prodea's green bond.

The Company achieved an increase of 26% in rental revenue which amounted to €5.6 million compared to €4.5 million for the corresponding period of 2021