Magma Resort Santorini is scheduled to open its doors on August 10, 2022, as part of The Unbound Collection by Hyatt and features 59 rooms, including 24 suites.
The newly issued €600 million 15-year bond was fully subscribed by the National Bank of Greece and Piraeus Bank.
The seed portfolio will comprise c. 28,400 sq ft of new, high-quality space.
EPRA's opinion on the impact of economic challenges
The portfolio consists predominantly of legacy non-performing loans.
Ethos Vegan Suites, the small hotel occupies a typical, 20th-century house in the Santorini capital
The investment is part of a larger plan that concerns the development of photovoltaic, wind farms and energy storage of 3 gigawatts in Greece.
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