London, United Kingdom, 2 Febuary 2022 – Zetland Capital Partners LLP, a London based private equity firm today announced that funds under its management have acquired the hotel properties of Lindian Village, a 5-star resort in Rhodes Greece for an undisclosed consideration from Svyriadis SA, a Greek family-owned hospitality conglomerate.
The properties have been acquired on a vacant possession basis and feature a mix of 188 luxury rooms & suites situated in a prime Blue-flag waterfront location near the Lindos Acropolis of Rhodes. Zetland plans to invest in a major renovation program to reposition and relaunch the hotel properties under an international brand.
Ahmed Hamdani, Managing Partner at Zetland Capital Partners LLP, said:
“We are delighted to have partnered up with the Svyriadis family to complete our first hospitality transaction in Greece. This acquisition underpins our investment strategy to invest in well located hotels in prime Mediterranean destinations and work with strong local partners, like SWOT Hospitality to capitalise on the post-COVID demand for hospitality services.”
