Goldman bought three hotels overlooking the Aegean Sea. Next up: a renovation and a new brand.
Goldman Sachs Group Inc.’s search for steady revenue has led it to an unlikely place: the epicenter of a financial crisis that rocked Europe a decade ago.
The Wall Street giant is investing about €150 million to €200 million in three seaside resorts in a northern region of Greece, according to people familiar with the matter. The plan is to spruce up the hotels, which are currently closed, and open them to guests in the next couple of years, the people said. Goldman bought the hotels in October and has financing in place to renovate them.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
'Star Trek: Picard' Season 3 Showrunner on Creating the Next Generation of 'The Next Generation'StarTrekPicard showrunner TerryMatalas talks writing for the “next generation” of TheNextGeneration and the StarTrekLegacy spin-off potential.
Consulte Mais informação »
Goldman Sachs' top stock picks in Europe include three with over 100% upsideGoldman Sachs has a positive view on Europe right now, naming stocks it says could offer outsized returns.
Consulte Mais informação »
EUR/USD: Three and six-month forecasts revised up to 1.05 – Goldman SachsEconomists at Goldman Sachs upgrade their three and six-month forecasts for the EUR/USD pair. However, they stick to their 12-month forecast of 1.10.
Consulte Mais informação »
32 quality growth stocks to buy right now: Goldman SachsGoldman Sachs: Buy these 32 quality stocks that are priced right and set for strong growth in this uncertain economy
Consulte Mais informação »
Goldman gently embraces both sides of hostile M&AThe preferred adviser to reluctant takeover targets is benefiting from its broadened horizons. Working with aggressive suitors Public Storage and Emerson Electric helped keep bankers busy amid a 45% slump in deals. Merger culture has changed, as has Goldman’s broader strategy.
Consulte Mais informação »
Goldman Sachs Predicts 300 Million Jobs Will Be Lost Or Degraded By Artificial IntelligenceGoldman Sachs maintains that if generative AI lives up to its hype, the workforce in the United States and Europe will be upended. The bank estimates 300 million jobs could be lost or diminished due to this fast-growing technology.
Consulte Mais informação »