Hotel Investment Partners (HIP) has acquired the Elounda Blu hotel in Greece from the hospitality group Ledra Hotels & Villas.
Yesterday, Alpha Bank SA announced sell NPLs portfolio worth €1.1 billion Neptune Portfolio non-performing SME loans.
In hotel investment news from Croatia, Hotel Terme Tuhelj is building a new 4 star accommodation at Tuheljske Toplice, outside the village of Tuhelj. The new hotel will boast a convention center and very high 4 star amenities, according to hotel spokespersons. At an estimated outlay of €12 million euro, it will also be one of the city’s biggest construction projects in some time.