Alpha and NBG complete sales of hotels

EconomyBanking Tags: Alpha, Banking, NBG
Photo by MacroPolis
Photo by MacroPolis

Two of the four core Greek banks, Alpha and NBG, announced the completion of the sale of their hotel subsidiaries at the end of last week. Both transactions are part of the banks’ restructuring plans, which include, among others, disposal of non-core assets.

Home Holdings is owned by Tourism Enterprises of Messinia SA (controlled by the Konstantakopoulos family) and D-Marine Investment Holdings, which is based in Amsterdam and operates as a subsidiary of Dogus Holdings, one of the top-3 largest private sect...

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