Brick Veil was the winning entry of an international competition held by the Royal Royal Institute of British Architects.

The company has a plot of 18,730 sqm. in Neos Faliro with a permit for the construction of a building complex of 57,450 sqm.

The Region of Western Greece has approved the strategic environmental impact study for the project.

The union of judges has been trying to have the urban plan of the settlement approved since 2012.

The total value of those transactions soar above €200million.

In line with the building's function, the structure was designed to have a minimal impact on the environment.

The property was acquired in September 2018 for €965.000.

Grupo Roxa will retain a minority interest in the hotel.

The property comprises 58 fully furnished apartments with total surface area of 3,600 sqm.

The proceeding entity was Poseidon Financial Investor DAC (Fortress Investment Group) .