The majority of construction firms in Greece are currently facing the risk of keeping a stock of newbuilt residential units, following a modest recovery in the construction sector during the last couple of years.

Deutsche Hospitality and the Porsche Design Group are joining forces to launch the Steigenberger Porsche Design Hotels brand.

The integration of Building Information Modeling (BIM) technology, starting from the stage of studies, for the public projects planned for the coming years, will be a prerequisite in Greece very soon.

36 new investment projects with a total budget that reaches €1.34million have been approved from the Recovery Fund and secured financing.

Housing prices around the world have climbed in lockstep to new heights. And urban markets have shared in the spoils, which is noteworthy for two reasons.

The Hellenic Republic Asset Development Fund (HRADF), announces that four Interested Parties have submitted Offers for the exploitation of part of the former U.S. military base of Gournes inHeraklion, Crete.

The first phase of the construction works for the redevelopment of Piraeus Tower was undertaken by TERNA S.A., a fully owned (100%) subsidiary of GEK TERNA Group

New, state-owned carrier Italia Trasporto Aereo (ITA) took over from Alitalia on Friday, permanently grounding the 75-year old one-time symbol of Italian style and glamour after years of financial losses and failed rescue attempts.

National Bank of Greece ("NBG" or "Bank") announces that it has entered into a definitive agreement with a consortium consisting of affiliates of Bain Capital Credit, Fortress Investment Group and doValue Greece, for the sale of 95% of the Mezzanine and Junior notes from a securitisation backed by a portfolio of non-performing exposures ("NPE") with a total gross book value of c€6b

Spending on food grew in 2020 compared with 2019, the Research Institute of Retail Consumer Goods said in a report released on Monday.

The impact of the global coronavirus pandemic on commercial real estate and in particular on the office sector has been severe, resulting in the "loss" of 255 million full-time jobs in 2020, according to official UN figures.

The decision of the government to proceed with increasing the ceiling of the eligible budget in "New Execonomo" was mainly due to the large price increases in construction materials, Minister of Environment Mr. Skrekas told in an interview with "KATHIMERINI" newspaper.

Chinese gross domestic product grew 4.9% in the third quarter from a year ago, the National Bureau of Statistics said Monday.

LondonMetric Property Plc announced the acquisition of two last mile logistics assets in Fulham and Tottenham for a combined purchase price of £20.2 million.

A global pandemic, historic economic change and an unprecedented shift in the housing market have been hallmarks of the past year.