Cyprus Mail11 Aug 2026

Cyprus-based firm agrees €2.5m investment in Corfu hotel project

Cyprus-based GlobalWealth Group PLC has approved and signed an investment agreement to acquire interests in a €2.5 million hotel development in Barbati, Corfu, as part of its strategy to expand its luxury tourism property portfolio in Greece.

The Cyprus Stock Exchange-listed company said the agreement covers the “Aspro Spiti Barbati Corfu” project and forms part of its wider business plan to build a portfolio of high-yield properties in Greece’s luxury tourism sector....

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