Vodafone sold the property as part of a sale and leaseback transaction for four long-term UK head office properties.

The tender refers to the majority of the company's share capital, that amounts to at least 67%.

The long-awaited utilization of the preserved industrial property is emerging to be complicated.

The organisation plans to open the facility in 2026.

The contract value for MYTILINEOS amounts to €62m.

The hotel will be operated under the luxury Gran Meliá brand with the name "Miranda de Pedrables"

Work is expected to begin on the scheme in the second quarter of 2023.

The hotel, located near Sarakiniko beach, has a total of 30 suites, each offering a private pool and uninterrupted sea view.

The LogPark has a lettable area of around 159,000sqm.

Prices also declined for the first time since early 2020, with the median price down 5.5%.