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HRADF Says 4 Parties Interested for Astir Palace

AstirPalace1Greek 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 of 83.5% of Astir, will decide on the validity of the offers and the opening of the financial offers.
The investment groups that submitted binding offers are:
A consortium of COLONY CAPITAL ACQUISITIONS LLC και DOLPHIN CAPITAL INVESTORS LTD
JERMYN STREET REAL ESTATE FUND IV LP, a fund managed by AGC JERMYN STREET IV and supported by six (6) more investors
LAMDA ERGA ANAPTYXISS.A.
PLEPI HOLDINGS LTD, an investment entity ultimately controlled by members of the Constantakopoulos and Olayan families

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