Greece

Astir Palace Vouliagmeni S.A. have announced plans to bring the first Four Seasons hotel to Greece, on the Astir Palace peninsula. Following extensive upgrades to the existing hotel, the new hotel will debut as Four Seasons Astir Palace Hotel Athens...

The sale of National Bank's (NBG) entire 67.23 percent stake in the hotel and property resort of Astir Palace Vouliagmenis SA to Apollo Investment Holdco SARL for approximately 299 million euros is credit positive because it will enhance the...

Greece’s privatization agency announced on Sunday it signed a 400 million euro deal with Jermyn Street Real Estate Fund to sell luxury resort Astir Palace. The Hellenic Council of State, Greece's Supreme Administrative Court, had blocked the sale of the...

Greece's top administrative court blocked the sale process of a luxury Athens seaside resort to an Arab-Turkish fund. According to the State Council judges' decision, the sale of the prime Astir Palace hotel complex and the development of the seaside...

Astir Palace Resort in Greece was sold for 400 million euros to Saudi Arabian fund ACG, which is allied with the Turkish Dogus Group and four other Arab funds who combined forces in order to submit the highest bid...

Greek HRADF announced that four investment entities comprised of both Greek and international investors submitted binding offers for the acquisition of a majority stake in Astir Palace Vouliagmeni S.A., in Greece. At its next BoD, the HRADF and NBG, owner...

Prime Minister Antonis Samaras’ trip to Qatar to persuade officials that Greece needs its investments is paying more dividends after a report that the wealthy Gulf State is in talks to the Astir Palace, a beachfront resort in Athens...

While recession is restlessly breaking the back of the Greek economy, the National Bank of the country is looking to sell the famous Astir Palace luxury resort in Athens. The 3.3 million-square-foot complex is part of a general privatization...

Asteras Vouliagmenis, the emblematic resort of the Athens Riviera, re-opens on March 29 as Four Seasons Astir Palace Hotel Athens to revive its glory on a new level of luxury. The renovated resort operated by Four Seasons offers visitors three...

Only a few kilometers from the center of Athens, much of Attica's coastline, from Mikrolimano in Piraeus to Sounio, is currently a construction site as the bold project to rejuvenate the spectacular seashore area is now under way. The coastline...

A photo of Julia Tsitsipas, mother of rising Greek tennis star Stefanos Tsitsipas, consoling Latvian Ernests Gulbis after his defeat to her son at the Stockholm Open on Sunday has gone viral. Julia Tsitsipas-Salnikova, herself a former tennis player, approached...

The reconstruction of the wider Athens coastal front, or "Athens Riviera", is on track based on four pillars that will transform the area into a luxury seaside front. According to Insider.gr, the reconstructed coastal front will host several international luxury...

The privatization program is not likely to reach its revenues target for 2015, said head of the Hellenic Republic Asset Development Fund (TAIPED), Stergios Pitsiorlas. Pitsiorlas talked to Reuters saying that the privatization deals are progressing despite the pre-election period,...

A few months ago, Qatari investors acquired a portfolio of Greek commercial properties worth 125 million euros, including a package of five or six gigantic stores in major Greek cities. According to George Mantzavinatos, managing partner at Doha Properties WLL, his company...

The British auction house Coys will include in this year's auction about 130 classic cars and motorcycles mostly from the 1970s, some of them belonging to government officials such as the late Greek President of the Republic, Konstantinos Karamanlis. The auction includes a Lancia...