Clarifications on Trastor's share capital increase

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11.11.2021

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 spins off operations to turn into an aviation-focused firm

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10.11.2021

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.

PATRIZIA expands logistics investments with larger footprint in Spain

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10.11.2021

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.

Hilton Athens suspends operations by the beginning of 2022

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10.11.2021

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.

FED issues a warning for the US real estate sector

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10.11.2021

In its biannual report on financial stability, the Fed pointed specifically to the crisis at Evergrande, China's most indebted developer.

Piraeus Bank inks definitive agreements to dispose the Sunrise II portfolio

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09.11.2021

The Sunrise II portfolio comprises c.47k retail and corporate loans with a gross book value of €2.7bn, as at 31 December 2020.

Intrakat wins tender for Athens Railway Station redevelopment

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09.11.2021

The company's offer was followed by the offers of TERNA SA. - MYTILINEOS SA (6.00%) and AVAX (5.07%).

The Ellinikon project, scheduling a total redevelopment

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09.11.2021

"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.

Sirius Real Estate Limited has agreed to acquire Helix Investments Limited

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09.11.2021

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.

Barings acquires office property in MedienHafen, Berlin

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09.11.2021

The eight-storey asset was built in 1995 and has since been refurbished to provide modern, attractive office space.

Decarbonisation rate globally has to be drastically increased

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09.11.2021

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.

ELVALHALCOR declares a common bond issue

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08.11.2021

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.

Greek government enhances subsidy policies to battle soaring energy prices

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08.11.2021

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. 

Greek authorities are preparing changes in ENFIA property tax

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08.11.2021

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.

Morgan Properties invests in two residential portfolios in the US

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08.11.2021

USA's largest private multifamily owner announced the acquisition of two portfolios totaling 18 apartment communities and 4,724 units.