Following the share capital increase 73,291 new common registered shares of the Company of nominal value €0.50 each were issued that will be distributed to the Company’s Chief Executive Officer.
GE announced what its Chairman and CEO Larry Culp called a “defining moment,” with plans to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare and energy.
The investment was made on behalf of a PATRIZIA logistics flagship fund for its institutional clients and further strengthens the already significant logistics portfolio of the firm.
The Hilton Athens suspends operation of most of its facilities in early 2022, as a major renovation program for the iconic hotel begins and is to change its business model.
In its biannual report on financial stability, the Fed pointed specifically to the crisis at Evergrande, China's most indebted developer.
The Sunrise II portfolio comprises c.47k retail and corporate loans with a gross book value of €2.7bn, as at 31 December 2020.
The company's offer was followed by the offers of TERNA SA. - MYTILINEOS SA (6.00%) and AVAX (5.07%).
"The Ellinikon has been initiated and by 2025 a large part of this project is estimated to be completed, so that all citizens will be able to experience and feel proud of this investment," Lamda Development's CEO Odysseas Athanassiou said during the third online presentation of the company to inform the public about the emblematic work.
The Acquisition consideration will be funded by a combination of new and existing debt together with the proceeds of a proposed fundraise, which is expected, in aggregate, to raise gross proceeds of c.£135 million.
The eight-storey asset was built in 1995 and has since been refurbished to provide modern, attractive office space.
A decarbonisation rate of 12.9% is now required to achieve the 1.5ºC objective - more than five times greater than what was achieved over the last year, according to PwC's Net Zero Economy Index.
It was decided with majority of the votes, to issue a common, interest-bearing, unsecured bond loan totaling up to the amount of two hundred and fifty million euros.
Subsidies for households and enterprises' electricity bills are to be increased and certain payments for larger enterprises using the medium-voltage grid will be suspended in order to tackle the rising energy costs.
ENFIA rates are scheduled to become law by January 2022 and the bills expected to be sent out in March 2022, with the first installment due March 31.
USA's largest private multifamily owner announced the acquisition of two portfolios totaling 18 apartment communities and 4,724 units.