The REIC aims to develop 2,000 student rooms over the next three years, while, according to CEO Kostas Markazos, more than 500 rooms have already been secured.

The bond is expected to receive an investment-grade rating of “Baa2” from Moody’s Ratings.

AEGEAN plans to offer 21.2 million seats in 2025, representing an increase of 1.5 million seats over 2024.

The company, which is a member of the TMEDE Group, offers a wide range of certified services.

The company specializing in the research, production, and marketing of ready-to-use construction products, mortars, paints, and varnishes is proceeding with investments amounting to €2.5 million.

The proceeds raised will be utilized for the repayment of part of the existing debt of the REIC.