DBRS: a continuous and gradual decline in NPLs was observed in Greece

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18.11.2021

The European nonperforming loan (NPL) securitisation market continued to support the divestment of NPLs from banks and offered access to distressed investments for investors in 2020.

MYTILINEOS reached financial close on its Australian projects

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18.11.2021

MYTILINEOS S.A. has reached financial close on the non-recourse financing of the Corowa, Junee, and Wagga Solar Farms in New South Wales in Australia, with lenders ANZ, Societe Generale and Westpac.

TERNA ENERGY enhance its presence in Poland investing in 4new wind farms

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18.11.2021

TERNA ENERGY further strengthens its presence in the Renewable Energy Sources market of Poland, promoting four new projects with a total capacity of 90 MW.

Strong investment interest for "the MINION" Athens

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18.11.2021

Top tier Greek REICs and real estate development firm Dimand, are expected to battle in order to purchase the iconic property located in the center of Athens.

Ongoing infrastructure works in Ilion Municipality

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17.11.2021

Infrastructure and projects that will improve the living standards of the locals are underway in Ilion with a budget of € 16.5 million.

Evergrande's CEO is reportedly disposing of privately owned assets to save the firm

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17.11.2021

The founder of Chinese property giant Evergrande Group, Hui Ka Yan, is reportedly to have raised funds by selling off personal assets to pay bond coupons that were due.

Historic Rome villa with world's only Caravaggio mural is up for auction

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17.11.2021

Looking for an opulent residence in Rome and have a spare half a billion euros to spend? Look no further: Villa Aurora, a real estate and art gem in the Italian capital is up for sale.

ENGIE acquires majority stake in Spanish Eolia Renovables

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17.11.2021

This acquisition will allow ENGIE to boost its presence in the fast-growing Spanish renewables market.

Union Investment offloads an office property based in Munich

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17.11.2021

Union Investment has sold an office building at Landsberger Straße 368-374 in Munich for around €100 million.

Unemployment rate in September 2021 amounted to 13%

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17.11.2021

The labour market was affected by specific regulatory measures concerning the operation of businesses, as well as by measures taken to protect public health and tackle the COVID-19 pandemic.

Mr. Harry Michael was appointed CEO of the MHV Mediterranean Hospitality Venture Limited.

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17.11.2021

MHV’s portfolio consists of luxury hotel complexes and modern development projects in Cyprus and Greece.

Pancreta Bank launches new branch in Herakleion, Crete

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17.11.2021

Pancreta Bank expands its network by inaugurating a new branch located in Heraklion, Crete.

HRADF prepares to conclude the tenders to dispose stakes in 10 regional port authorities in 2022

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17.11.2021

The HRADF is preparing to utilize the regional ports, receiving the first binding offers within the first half of 2022, according to the revised operational development program that the fund has recently published.

AKTOR to deploy a €20M redevelopment project in the Air Base of Larissa

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16.11.2021

AKTOR construction firm inks deal with the Environmental Chemical Corporation to deliver a €20M redevelopment project in the Air Base in Larissa.

ECB foresees inflation in the medium term remaining below the 2% target

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16.11.2021

The upswing in inflation is being driven by three primary forces.