Market analysts and other participants are now facing a high risk of a domino effect in case the real estate group collapses.

The company is warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower.

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.

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

HRADF had earlier decided to extend the deadline of the tender from July 30, 2021.

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.

HRADF’stender process refers to the concession of port operation services.