Parklane Limassol now exclusively owned by MHC Mediterranean Hospitality Venture Limited - in-cyprus

Parklane luxurious hotel complex in Limassol is now exclusively owned by MHC Mediterranean Hospitality Venture Limited which is a related company of Invel Real Estate Management (Cyprus) Ltd.

Tourist Enterprises Public Company Ltd for the sale of the 24,98% of the issued shares held in Parklane Hotels Limited has been completed.

“Parklane is the owning company of the luxurious hotel complex Parklane, a Luxury Collection Resort & Spa, Limassol.

Tourist Enterprises Public Company Ltd is not a party proceed and sold the 100% of issued shares of Parklane, to MHC Mediterranean Hospitality Venture Limited.

The transaction was made at an arm’s length basis, and the contracting parties Emerald Coast Properties Ltd and MHV Mediterranean Hospitality Venture Limited have no relation with the Company or the Members of the Board of Directors.

Published On: Mon, 12 Apr 2021 07:15:29 GMT