George Procopiou’s full buyout of the Four Seasons Astir Palace Hotel Athens one of key transactions sealed in the first half of the year.

PHAEA S.A. is proceeding with the development of an Integrated Tourist Resort in Plaka, Elounda.

It will be situated within the "RED (G)" urban redevelopment project, which integrates residential developments, hospitality facilities, and retail spaces.

Premia has completed the €64 million acquisition from Nordic Leisure Travel Group.

The Special Spatial Development Plan for Strategic Investments (ESCHASE) has been approved, paving the way for a transformative redevelopment of the area.

The supply of accommodations increased by 5% last month, while demand strengthened by 7.5%.

The subsequent sale of the property for €18.6 million generated a significant capital gain, resulting in a net profit exceeding €13 million.