Branded Hotels represents a newly created investment platform set up to acquire, redevelop and rebrand existing seafront dilapidated hotels in Greece into trendy condominium hotels where most of the suites will be offered either for sale or for long-term lease.

Branded Hotels has completed the first in a series of acquisitions in a property formerly known as Yiouli Hotel, by taking an 80% stake in the property for a consideration of €3 million to be paid in stages. Built in 1970 on an 8,211 m2 site, the now non-operational 163-room hotel is situated on one of the sandiest beaches of Porto Heli in the region of Argolida.