July 2013

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Hotel Investment Opportunities in Greece

Hotel Investment Opportunities in Greece

July 2013

The Association of Greek Tourism Enterprises (SETE) has recently commissioned the consulting firm McKinsey & Company, a feasibility study in seeking ways to consolidate the annual industry revenues to a level of 18 billion euros.

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28 Greek Government Buildings Go For Sale

28 Greek Government Buildings Go For Sale

July 2013

HRADF announced the invitation to potential investors to submit an expression of interest for the sale and lease of 28 public buildings. The properties, including also several tax offices across the country, will be sold and then leased back to the Greek state.

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Privatisation of Greek Xenia Hotels initiated

Privatisation of Greek Xenia Hotels initiated

July 2013

The process for the privatization of Xenia Hotels, such as the ones situated in the islands of Skiathos and Andros and in the seaside city of Etoloakarnania in Volos has been initiated.

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Privatisation of Astir Palace Resort is underway

Privatisation of Astir Palace Resort is underway

July 2013

Greek and international bids have been received for the acquisition of Astir Palace, in Vouliagmeni, as part of the Greek government's privatization program, the Hellenic Republic Asset Development Fund (HRADF) confirmed.

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