Transaction / Assets Oscar Hotel in AthensSeller NBGBuyer Indotek€ MM 5.5
Indotek acquired hotel in Athens
The Hungarian real estate company Indotek Group announced its entry into the Athens real estate market with the acquisition of the Oscar Hotel Athens through an auction by NBG.
Located near the main Athens Train Station, the five-storey hotel features 124 rooms, an outdoor pool, a private bar, a restaurant and a meeting room. Indotek Group bid in the relevant tender, offering the amount of € 5.5 million. The OSCAR Hotel was completely renovated in view of the 2004 Olympic Games.
Original Source: eRed.gr
Adaptation/Summary: Kiki Athanasiadis