Company updates Lazart Hotel in Thessaloniki Sold for €7m by GTP editing team 21 May 2018 written by GTP editing team 21 May 2018 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 9 NBG Pangaea Real Estate Investment Company on Monday announced the acquisition of the 5-star Lazart Hotel in Thessaloniki for 7 million euros. The property is leased to Zeus International group, a fast growing hotel operator in Greece and the wider region. “We are very pleased to have acquired a high quality city hotel like Lazart Hotel and for our cooperation with Zeus International,” Pangaea CEO Aristotelis Karytinos said. Located very close to the heart of the city, opposite the renowned cultural center “Moni Lazariston”, the Lazart Hotel has 74 spacious rooms and offers luxurious accommodation. “This investment is in line with our investment strategy to expand in the sector of hospitality and follows our previous investment in Patra, where the first Moxy by Marriott in the Mediterranean is expected to start its operations in the near term,” Karytinos added. NBG Pangaea is a leading real estate investment company in Greece. Its real estate portfolio consists primarily of office and retail properties, located in prime urban areas throughout Greece, Italy and Romania. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post WTA 2018: HotelBrain Rolls Out Red Carpet for ‘Tourism Oscars’ Ceremony in Athens next post Two Greek Preservation Ventures Clinch Natura 2000 Awards You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Greek Ministries Team Up to Form National Cycling Strategy 5 February 2025 Peiraios Industrial Complex to Become Athens’ New Cultural Hub 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
