Grivalia Hospitality transfers its headquarters to Greece
Grivalia Hospitality, a leading investment company in luxury accommodation, has completed the process of transferring its head office from Luxembourg to Greece.
This decision underlines the confidence of its management and its institutional shareholders in the prospects for future development presented by the Greek economy and in particular the tourism sector, but also in the macroeconomic stability of the country.
This is the first transfer of headquarters from abroad to Greece, with all the necessary procedures successfully implemented on time.
This is a decision fully in line with the company’s overall strategy to focus exclusively on developing the luxury hotel and resort market in Greece.
Grivalia Hospitality was founded in 2015 and Fairfax, Eurolife, Eurobank and Grivalia Management participate in its share capital.
Today, the company’s portfolio (Amanzoe, One&Only Aesthesis in Asteria Glyfadas, ON Residence, Avant Mar in Paros, etc.) includes iconic ultra-luxury tourism projects worth more than 510 million euros and when those under development are completed, this value will exceed €1.1. billion.