Ian Williamson joins KKR

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25.10.2021

KKR, a leading global investment firm, today announced the appointment of Ian Williamson as a Managing Director and Head of Core Plus Real Estate in Europe, effective immediately.

A step forward for the Electricity Interconnector of Greece with Egypt project

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25.10.2021

Kopelouzos Group took an important step in maturing works of the Electricity Interconnector of Greece with Egypt (GREGY - Green Energy Interconnector) by submitting a full application for inclusion in the ten-year Development Plan of the European Energy Networks (TYNDP 2022).

CBRE: return to pre COVID norms by H22022

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25.10.2021

History will record 2020 as a year of convulsive change. Governments and populations across the globe struggled to control the spread of COVID 19

Greek state pays €9,2M in subsidy to 5.618 property owners

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25.10.2021

The Greek Ministry of Finance has paid a total of approximately € 9.2 million to 5.618 property owners for the reduced rents for the period January - June 2021.

Soaring energy prices continue their upward trend

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25.10.2021

Electricity prices are keeping their upward trend moving higher on Tuesday, 19 October according to data from the Energy Exchange.

27.5% of Greek people facing the risk of poverty

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25.10.2021

In 2020, there were 96.5 million people in the EU at risk of poverty or social exclusion, representing 21.9% of the population.

London based fund purchases Lindian Village hotel in Rhodes

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25.10.2021

Τhe five-star Lindian Village Hotel in Rhodes has been sold to Zetland Capital

Overall Turnover Index in Industry up 31.6% in August

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25.10.2021

The Hellenic Statistical Authority announced the Turnover Index in Industry with base year 2015=100.0 for August 2021, the evolution of which on the basis of provisional data, is as follows:

Slate expands European Platform with Real Estate Portfolio Acquisition in Norway

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25.10.2021

Slate Asset Management ("Slate”), a global alternative investment platform focused on real estate, announced today the acquisition of a portfolio of 25 essential real estate assets in Norway for approximately NOK 1 billion. (€100.174.000 million.)

French entrepreneur invests in student housing project in Romania

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25.10.2021

French entrepreneur Gerard Losson invests in the development of a student campus with over 1.000 rooms.

Measures to control traffic in the center of Athens

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25.10.2021

The measure to control car and other vehicles traffic in the center of Athens has been again adopted by local authorities.

Intracom sells Kalo Livadi development in Mykonos

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25.10.2021

The Société Anonyme with the corporate name "INTRACOM S.A. HOLDINGS " announced that its subsidiary, by 82.64%, company under the name “INTRADEVELOPMENT SOCIETE ANONYME OF REAL ESTATE DEVELOPMENT has executed on 18.10.2021 a binding agreement with the company "AMICROSS LTD ", for the sale and transfer of the total number of its shares in the company “Devenetco Ltd”, i.e. 50%

PPC sells 49% stake in HEDNO to Macquarie Asset Management

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25.10.2021

Public Power Corporation (PPC) has reached an agreement with Macquarie Asset Management on the sale of a 49% ownership interest in Hellenic Electricity Distribution Network Operator (HEDNO).

Blackstone acquires WPT REIT for $3,2B

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25.10.2021

Blackstone Real Estate Income Trust, Inc. announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust in a series of transactions that resulted in unitholders receiving US$22.00 per outstanding unit of WPT (subject to applicable withholdings) in an all-cash transaction valued at US$3.2 billion, including the assumption of debt.

A circular terminates donation and parental benefits taxation in Greece

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25.10.2021

The circular ministrial decision that amends and replaces articles of Law 4839/2021 which, among other things, refers to the taxation of donations and parental benefits, the payment of ENFIA for 2021, the reduction of the capital accumulation tax rate, and the suspension of the subscription fee television and mobile telephony; have been sent to the tax offices.