A significant real estate transaction has concluded on the Greek island of Kos with the sale of the 5 Kypriotis Hotels to HIG Capital, putting an end to a prolonged dispute over the properties. This landmark deal marks the resolution of a long-standing 'battle' surrounding these hotel assets.
The transaction represents an important development for the tourism sector on Kos, one of Greece's prime holiday destinations. HIG Capital's acquisition of the five-hotel portfolio demonstrates continued investment confidence in the Dodecanese islands' hospitality market, particularly as the tourism industry continues its recovery and growth trajectory.