Following our MD Robin’s visit to Athens
last month, the supporting report along with the Fast Track submission fee have
now been sent to Nicholas Efstathiadis. As soon as our formal acceptance into
Fast Track has been confirmed, which shouldn’t take long, we will let you know.
Talks with a famous worldwide hotel chain
continue which could prove wonderful news for our resales and for the resort’s
occupancy rates when completed and an LOI has been issued.
In light of the UK Referendum on the 23rd
of June and the United Kingdom’s departure from the European Union, I wish to
confirm that Halcyon Hills Luxury Resort and Spa is owned by a Greek company. This
means that the resort remains a Euro asset, the resort will still be entitled
to the European Union funding and the project remains supported by the Mayor of
Samos, Michalis Angelopoulos.
We fully expect in the next newsletter to
announce the resorts successful Fast Track entry and the subsequent final steps
taken towards construction starting.
