Minoan Group, developers of the somewhat controversial Itanos Gaia Resort, has announced the intention to sell off a significant share of the company caused a 30+ per cent boost in shares as of yesterday.
Crete golf
Itanos Gaia Project to Go Forward on Crete
The Minoan Group has a clear runway to develop a €250 million euro resort near Sitia in the Lasithi prefecture of Crete. A court ruling over the controversial resort development known as the Itanos Gaia Project opens the door for Minoan.