PropertyEU

Invel follows up Pangaea takeover with €55m Cyprus hotel deal

By Gordon Darroch 2019-04-23T00:00:00

The Hilton Cyprus, the only five-star hotel in Nicosia, has been bought by Pangaea.

Greek real estate investment company Pangaea has acquired a 98% share of the owner of Cyprus's only five-star hotel in a joint venture with Invel Real Estate.

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