Blackstone expands its investments in Greece

The concern involvement of US elephantine Blackstone successful the Greek marketplace is expanding.

It precocious proceeded with a bid of large transactions, including a strategic concern with the Phaea edifice group, the acquisition of a stake successful Fraport Greece and now, the acquisition of Skroutz.

A cardinal relation successful the group’s strategy for Greece belongs to Hotel Investment Partners, Blackstone’s limb successful the edifice assemblage successful Southern Europe, which has developed an extended portfolio of 10 units successful Greece, totaling implicit 2,800 rooms.

The astir caller determination concerns the acquisition of Phaea Cretan Malia Park successful April.