Hotel SA

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LHO

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LASALLE HOTEL PROPERTIES

Hines acquires Athens Ledra Hotel

Published by Kathimerini on Thu, 06/15/2017 - 22:47

One year after its closure, the Athens Ledra Hotel is passing into the hands of Sygrou 115 Hotel SA, a company controlled by US property investment firm Hines, for just over 33 million euros.

Following the departure of operating company Marriott Hotels, which had managed the unit for decades, the hotel on Syngrou Avenue shut down last year due to owner Asty SA's financial problems.