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(Visited 243 times, 1 visits today)
  • Transaction / Assets
    Aphrodite Hills, Aphrodite Springs
  • Seller
    na
  • Buyer
    Pangaea, Invel, Coller
  • € MM
    31.8

NBG Pangaea acquires 60% of Aphrodite Hills and Aphrodite Spring in Paphos, Cyprus

Pangaea’s invested €31,8 m. for the acquisition of 60% of Aphrodite Hills and Aphrodite Spring.

Aphrodite Hills Resort spreads over 234 hectares and has the only certified PGA National Cyprus golf course, of 500 thousand square meters. Moreover, it is an award-winning resort with awards like the European Golf Resort of the Year 2018 and the European Golf Course of the Year 2018/2019. The resort has 290 rooms & suites.

Aphrodite Springs spreads over 150 hectares and has a developing license for a golf field and 125,000 sq meters residences.

The Investment reached €31,8 m. It is a strategic long-term investment where Pangaea participates along with Invel Real Estate and Coller Capital.