ECONOMY

Dutch investor acquires storied Corfu hotel

Dutch investor acquires storied Corfu hotel

The storied Corfu Palace hotel has been sold to Dutch investment company Reggeborgh for a reported €30 million.

The deal was closed a few days ago after talks that lasted nearly a year. It is not the first property that Reggeborgh chairman Henry Holterman owns on the Ionian island.

Besides a holiday home, he has bought the Antico Rosso estate, which contains a building built on the ruins of a 13th century monastery, for a reported €8 million.

 

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