Continues to strengthen its export profile.

Strategic expansion of REDS into the Luxury Hospitality Sector.

Α coastal area of 76,379.00 sq.m. is being granted for use.

The property, located in the Pounta area, has a capacity of 100 rooms.

An investment of €30 million is planned through a share capital increase.

In exchange for an annual variable fee expected to exceed €7 million over a period of 40 years.

The REIC holds a 99.99% stake in the company's share capital.