Mar 2020

Invel and its affiliated entities are supporting the global response to the Covid-19 crisis.

Invel Real Estate (“Invel”), the private equity firm focusing on real estate investments and real estate distressed corporate and debt opportunities across Europe, and its affiliated entities, are actively supporting the global response to the Covid-19 crisis, by donating in excess of €450,000 in the form of accommodation, medical supplies and medical equipment, supporting the healthcare systems in countries in which the business operates.

In Greece, Prodea Investments (in which Invel entities own a controlling stake) has donated
15,000 TYVEK full body protective suits to the Greek Ministry of Health and has taken all the
necessary steps to ensure that the protective suits will be made available to medical staff as
soon as possible.

In Cyprus, where Invel has significant investment and operational presence, the group-
owned hotel “The Landmark Nicosia”, renowned for its dedication to the principles of
solidarity and corporate social responsibility, is converting a number of its rooms to provide
free accommodation for doctors and nursing staff fighting the pandemic.

In parallel, realizing the urgent need to swiftly set-up additional Intensive Care Units (ICUs),
and in close coordination with the Cyprus State Health Services Organisation (SHSO), Invel
is covering the cost of installing medical gas supply systems within the Nicosia General

Invel will continue to focus all its efforts to respond to the constantly changing situation and
remain vigilant in the face of this global challenge by showing solidarity and support towards
the communities where it has a presence.

Back to News