October 5, 2022

Property entrepreneur, Nicolas Treppides, exits Greek resort chain

Forward of the resort trade’s summer season season, Cypriot firm, Treppides Investments & Holdings, publicizes it’s exiting its Oniro resort enterprise. After a four-year profitable monitor document within the tourism trade in Greece, Treppides Investments & Holdings, has made a cope with the household workplace of Stavros Efremidis and Delfi Companions Group, to promote
the 4 inns within the Oniro Resorts portfolio.

The deal consists of the Oniro Metropolis Resort in Kolonaki, the Asomaton Resort set in historic Thiseio, the Oniro Suites in Chora Mykonos and a property beneath building which is situated on the cosmopolitan Milioni Avenue, in Kolonaki.

Together with the resort acquisitions, the household workplace of Stavros Efremidis and Delfi Companions Group acquired the Oniro Resorts (Treppides Investments & Holdings’ model title) and created the Oniro Resorts Group.

The proprietor of Treppides Investments & Holdings, Nicolas Treppides, expressed his satisfaction with the end result of this necessary deal, which adopted months of negotiations: “This can be a extremely profitable deal that strengthens and creates a brand new actuality for the Greek tourism sector, whereas on the similar time, highlights our capability to acknowledge
traits within the trade and make choices accordingly”.

“I’m assured that the acquisition of the inns – created and managed by Treppides Investments & Holdings’ – and the creation of the Oniro Resorts Group will contribute to the additional growth of the tourism trade in each Greece and Europe.”

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