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KG Advises CBE Capital on EUR 95 Million Piraeus Bank Financing for Six Senses Hotel in Porto Heli

KG Advises CBE Capital on EUR 95 Million Piraeus Bank Financing for Six Senses Hotel in Porto Heli

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Kyriakides Georgopoulos has advised CBE Capital and a consortium of sponsors on the EUR 95 million financing from Piraeus Bank for the development of the Six Senses Hotel and branded residences in Porto Heli, Greece.

According to KG, "the EUR 150 million development, which is already being enlarged by the purchase of additional adjacent land, is equity-financed by a joint-venture between CBE Capital, Golden Land Goutos which is owned by the Greek Goutos family, the New York-based Taconic Capital Advisors, and London-based Cedar Capital Partners."

The Kyriakides Georgopoulos team included Partners Christina Chini and Kimon Tsakiris, Counsel Penny Oikonomopoulou, and Associates Konstantinos-Antonios Grivas, Andreas Chassiotis, and Marianna Tsatsanifou.

Kyriakides Georgopoulos did not respond to our inquiry on the matter.