Iktinos closes deal with CBE Capital for Sitia property
Iktinos closes deal with CBE Capital for Sitia property
  Deals  |  Investments  |  Other  |  Crete

Iktinos closes deal with CBE Capital for Sitia property

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RE+D magazine
15.12.2025

IKTINOS HELLAS S.A. has announced the completion of the transaction concerning the property located in Sitia Bay, Crete, owned by its subsidiary Iktinos Technical & Tourism S.A., following the signing of a final Asset Management Agreement (AMA) and an Option Agreement in favor of Iktinos with CBE Capital Ltd.

This development follows the company’s announcement on 17 November 2025, with the signing of the agreements marking the full completion of the transaction.

CBE Capital, a London-based private investment firm, specializes in investments in luxury hotel properties and branded residences, with a strong track record of successful placements across Europe. Its portfolio includes investments in countries such as Italy and Greece, where it is also a co-investor in the Six Senses Porto Heli project currently under development.

As part of the transaction, the Investment Banking Division of the National Bank of Greece acted as Financial Advisor to Iktinos, while Dryllerakis Law Firm provided legal services. KG Law Firm served as legal counsel to CBE in Greece.

The agreement aligns with Iktinos Hellas’ strategy to optimize selected assets and enhance their value through partnerships with highly specialized international investors.