The investment interest of US giant Blackstone in the Greek market is expanding.
It recently proceeded with a series of major transactions, including a strategic partnership with the Phaea hotel group, the acquisition of a stake in Fraport Greece and now, the acquisition of Skroutz.
A central role in the group’s strategy for Greece belongs to Hotel Investment Partners, Blackstone’s arm in the hotel sector in Southern Europe, which has developed an extensive portfolio of 10 units in Greece, totaling over 2,800 rooms.
The most recent move concerns the acquisition of Phaea Cretan Malia Park in April.
