Picture of Premia Real Estate Investment SA logo

PREMIA — Premia Real Estate Investment SA News Story

0.000.00%
gr flag iconLast trade - 00:00
FinancialsConservativeSmall CapTurnaround

Brief: Premia To Invest Over €250 Million In Partnership With Akti Hotels Group

BRIEF-Premia To Invest Over €250 Million In Partnership With Akti Hotels Group

- Premia Real Estate Investment Company SA PREMr.AT:

  • ANNOUNCES STRATEGIC INVESTMENT AND PARTNERSHIP WITH HOTEL GROUP AKTI HOTELS RESORTS

  • PARTNERSHIP INCLUDES SHARE CAPITAL PARTICIPATION AND MODERNIZATION OF THREE HOTELS IN RHODES AND KOS WITH 1,316 ROOMS

  • TOTAL INVESTMENT INCLUDING RENOVATION COSTS ESTIMATED TO EXCEED €250.0 MILLION

  • FINAL AGREEMENT EXPECTED TO CLOSE BY END OF 2026, RENOVATION PLAN EXPECTED TO BE COMPLETED BY MAY 2028

  • PLANS TO EXCEED 4,500 HOTEL ROOMS WITHIN THE NEXT TWO YEARS


Further company coverage: [PREMr.AT]


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 587785269;))

Recent news on Premia Real Estate Investment SA

See all news