Azora, one of Europe’s leading hospitality and leisure investors, has entered into a strategic partnership with the Ioannou family through Donkey Hotels & Resorts, acquiring a 50.1% equity stake in a portfolio of five prestigious hotel assets: InterContinental Athens, NEW Hotel, Semiramis, Periscope, and NOUS Santorini.
This joint venture establishes the foundation for an institutional-grade hospitality platform in Greece, with ambitious plans to expand through the acquisition of high-quality leisure and business travel properties across the country.
Warm congratulations to AXIA Ventures Group, who acted as exclusive financial advisor to Donkey Hotels & Resorts and its shareholders, and to the exceptional advisory team supporting Azora throughout the transaction:
Xenios Investment Partners, Watson Farley & Williams, Uría Menéndez, EY, and Arcadis.
ANICON is proud to have contributed to this landmark transaction, working in close collaboration with Arcadis as the lead Technical Consultant.
