Chinese Evergrande is on the brink of collapse

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30.09.2021

The troubled Chinese property group Evergrande has edged closer to a government-engineered restructuring which could see bondholders take huge losses as Beijing’s price for saving millions of homeowners from financial ruin.

Parental benefits, the hurdles and incentives ahead

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30.09.2021

The Panhellenic Federation of Property Owners (POMIDA) calls on the deputy ministers of Ministry of Energy and Ministry of Interior to immediately solve all the issues that hamper implementation of the measure announced by the Prime Minister, Mr. Kyriakos Mitsotakis, yesterday at the TIF, regarding the new tax policy regarding parental benefits.

Evergrande hires financial advisers to handle the restructuring

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30.09.2021

Cash-strapped property group China Evergrande Group said on Tuesday according to Reuters it has engaged advisers to examine its financial options and warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower.

Varko Bay Resort project wins approval by regional authorities

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30.09.2021

The Committee on Environment and Natural Resources of the Region of Western Greece approved the Strategic Environmental Impact Assessment (SEA) of the Special Plan for Spatial Development of Strategic Investments (ESCHASE) of"Varko Bay Resort".

Greek Counsil of State rejects a private urban plan in Rovies

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30.09.2021

The urban plan for the settlement owned by the Union of Judges and Prosecutors in Rovies, Evia, was rejected by the Council of State.

Changes in the calculation of ENFIA property tax effective from 2022

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30.09.2021

Computation of ENFIA property tax is expected to be completely changed according to the Greek Prime Minister's Kyriakos Mitsotakis announcement a few days ago from the TIF.

More than 1M requests for house redevelopment works in douleutaras.gr

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30.09.2021

More than one million users have requested to hire professionals through Douleutaras online plaform for housing redevelopment projects or other minor works at home.

UBS raises Greek GDP growth forecast

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30.09.2021

"We raise our GDP forecast for 2021 to 7.9% with strong performance in the second quarter," UBS commented in a report.

Explosive growth in occupier demand for European logistics

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30.09.2021

The explosive growth in occupier demand for European industrial and logistics assets during the Covid-19 pandemic, fuelled by a surge in ecommerce volumes, will maintain momentum in the medium term while supply constraints will persist as economies recover.

Building permits files in Greece are turning digital

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30.09.2021

The competent ministries have assigned the Technical Chamber of Greece to deploy the digitization project og the building permit files in Greece.

The Ilulissat Icefjord Centre in Greenland

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30.09.2021

Ilulissat Icefjord Centre, a climate research and visitor centre on Greenland's rugged coastal landscape, has been completed.

Gerardi Maria - Elli is the new General Secretary of Infrastructure

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30.09.2021

As of today, the civil engineer Gerardi Maria - Elli will assume duties as General Secretary of Infrastructure.

Intense investment interest for the 67% stake in Port of Heraclion, Crete

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30.09.2021

Expression of interest process for the acquisition of a majority stake in the Organization of the Port of Heraklion SA expires on Friday September 17, 2021.

The myAADE platform is now available

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30.09.2021

AADE's new digital portal, myAADE, available through gov.gr, has been opened and will onwards be available for use to Greek citizens.

KEDE platform available for application adjustments

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30.09.2021

KEDE platform reopens for owners who have not yet submitted or have submitted an inaccurate declaration, regarding the square meters of their properties, or to change their use.