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(Visited 318 times, 1 visits today)
  • Transaction / Assets
    Lindian Village Hoteel
  • Seller
    Svyriadis family
  • Buyer
    Zetland Capital
  • € MM
    27

Zetland Capital acquires the Lindian Village Hotel in Rhodes

Zetland Capital announced that funds it manages acquired the Lindian Village Hotel in Rhodes from the Svyriadis family. The hotel of 188 luxury rooms is located near the Acropolis of Lindos, in Rhodes.

The price amounted to €27 m, which is the highest price ever achieved in Rhodes and it emerged after a private auction. According to the announcement by Zetland Capital, the company plans to renovate the hotel. The hotel will be managed by SWOT Hospitality.

Original Source: Euro2day.gr

Adaptation/Summary: Kiki Athanasiadis