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).

North Macedonia's construction company Adora Engineering has offered to buy most of the assets of local heating utility Toplifikacija, which is in bankruptcy proceedings, for €9.3 million, according to local media.

Greek authorities shared guidelines for dealing with issues concerning areas that are not subjected to the protective provisions of forest legislation. Nevertheless, they have been comprised in wider areas that will be afforestated.

Romanian property developer Radacini Estate has started the construction of a €15 million new residential complex in Bucharest.

During September 2021 the airport’s passenger traffic continued to be substantially affected by the COVID-19 pandemic crisis and its impact on air travel, with the airport’s passenger traffic being below the respective September 2019 levels by 34.1%.

Romanian billionaire Dan Petrescu, his wife, son and other five friends died on Sunday when their plane crashed near Milan, Italy, and burst into flames. The Pilatus PC-12 was being flown by Petrescu himself as the aircraft’s owner.

An industrial property owned by the Greek Plastics and Rubber Industry "Aristovoulos G. Petzetakis SA" that is located in Thebes was put up for in sale through auction earlier today. The National Bank of Greece was the requesting lender.

Apollo has acquired Terra Nova V office building in France for its core-plus strategy.

Intrakat expands investments in the real estate industry and in particular the leisure sector.

Cross-border investments in real estate will reach record highs in 2022, in key sectors such as offices, logistics and housing, marking a significant return on investor confidence in the market according to Knight Frank's "Active Capital Report" 2021.

Chinese property developer Fantasia Holdings Group Co Ltd said on Monday it had failed to repay $206 million in debts due on October 4, the latest sign of distress and liquidity issues in China’s property sector.

The operation of the recently established Guarantee Fund HDB - TMEDE is expected to give easy access to low cost financing to Greek professionals in the construction sector.

Expo 2020 Dubai, the huge world fair which opened this week, said on Saturday according to Reuters that three workers had died and 72 were seriously hurt during six years of construction, defending its accident rate as less than half that of building work in Britain.

Three additional mandatory investments part of the concession agreement between P.P.A. S.A. and the Greek Government with a contract total over €32 million are on their way to implementation.

CTP, the largest local developer and investor in logistics and industrial parks, acquired the Helios Phoenix portfolio in Olympian Parks from the Greek company Helios Phoenix.