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

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

The deadline for binding offers it is expected to be seltled in 2021.

PiraeusTower is the second tallest building in the wider region of Attica.

Construction of a marina, holiday homes and hotels are comprised in the new Project.

Marriott International is continuing its expansion in the all-inclusive space via a new, long-term partnership with Sunwing Travel Group's Blue Diamond Resorts arm, under which Marriott plans to more than double its existing all-inclusive footprint.

Grivalia Hospitality said it will acquire all companies related with the specific project, currently owned by DCI and its subsidiaries.

The building, covering 456 sq.m. is located in Patision and Skalistiri streets.

All five properties were leased to Sklavenitis Group for a period of 25 years.

Grivalia Hospitality is further evaluating other investments in tourism sector as part of its vision of creating long-term value.