The concessionaire will proceed with investments a mounting to €50million within the next five years, through which the Alimos marina will be modernized and become a top tourist port destination.

The company expanded its Athens footprint with the addition of a building, home to the Brazillian and Portuguese embassies, as well as Mastercard.

The international real estate firm said it has entered into a joint venture with NBG.

The five hotel businesses are located in the Greek Islands with two in Corfu, two in Zante and one in Crete.

The portfolio's net book value reaches €23,8million.

The project expected to create 500 job openings direct and 5,000 job openings indirectly.

The size of the store will be 8.000 sq.m. and it will open in the second semester of 2020.

The transaction will be finalised upon fulfillment of relevant governmental approvals.

Hard Rock International (HRI), the other candidate in the tender, has a 10-day deadline to object to the decision or to resort to the Council of State.

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