The Greek Deal.com
PRODEA INVESTMENTS
€86.1 million operating profit and 30.4% increase in turnover in the first half of the year
Inauguration of the first large-scale bioclimatic business park in Thessaloniki and Northern Greece
On Friday, 6 September, HUB 26, the first large-scale bioclimatic business park of Thessaloniki and Northern Greece, officially opened its gates, inaugurating a new era for the Western Entrance of the city.
Acquisition of 20% of MHV
For a total consideration of €92.4 million, Prodea will purchase 20% of the share capital held by "Flowpulse Limited" in "MHV Mediterranean Hospitality Ventures PLC."
€518.2 million in 17 projects
Prodea Investments' CEO, Aristotle Karytinos, mentioned the company's 17 ongoing projects during yesterday's general meeting.
Increase of Rental income by 10.3% in 2023
PRODEA Investments announces that the group's rental income amounted to €165.2 million compared to to €149.7 million in 2022 (an increase of 10.3%).
Clarifications regarding the acquisition of 55% of Mediterranean Hospitality Venture
A prerequisite for the completion of the transaction is obtaining approval from the Cyprus Commission for the Protection of Competition," the company highlights among other points.
Acquisition of 55% of the Cypriot company MHV
MHV operates as a hospitality and real estate platform in Cyprus and Greece, with α current portfolio consisting of prominent luxury hotels and resorts, residential and office developments
New €60 million investment in Marousi
Prodea Investments is moving forward with another investment, acquiring the property that previously housed Luna Park "Aidonakia" in Marousi.