Piraeus Bank announced today financing a property deal by property investment companies Henderson Park and Hines to buy five hotels on Crete.
Aiolos Kenteris High Speed Ferry Auction Draws Zero Bids
In a first-ever “electronic” auction for the high-speed passenger ferry “Aiolos Kenteris” the vessel received zero bids on a minimum price set at €6.5 million. Another auction is expected soon.
Greece’s Piraeus Port Authority Privatization Approved
Privatization of Greece’s Piraeus Port Authority (OLP) is set to get underway this week, as state sell-off fund TAIPED reports of the large stake sale of interest in OLP. The tender process having been approved, investors will have 45 days to express interest.