Prospects of an international tourism training center in Greece

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30.09.2021

Greek government is in talks with Accor for the creation of an international tourism training center in Greece in the context of planning for the development of skills and the upgrading of services in the tourism sector.

Real estate assets census after almost a decade in Greece

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30.09.2021

A real estate assets census is being currently conducted by the Hellenic Statistical Authority and is expected to be concluded by the end of September.

Trastor REIC disposes of an office asset in Mesogeion Avenue

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30.09.2021

Trastor REIC according to the maturity cycle of its investment assets, announced the sale of an office floor located at 109-111, Mesogeion Ave. in Athens, with total surface area of 781,67sqm, for a total consideration of €1.600.000.

Sustainable investing is becoming mainstream

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30.09.2021

HSBC Sustainable Financing and Investing Survey 2021 reveals that sustainable investing is becoming mainstream and shows how the effects of COVID-19 are changing attitudes amongst market participants.

Housing rents on an upward trend dispite the shrinking households income

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30.09.2021

Housing provision measures for young people and vulnerable households have been recently announced by Greek Prime Minister Kyriakos Mitsotakis from the 85th TIF through concessions of real estate owned by the state.

Ikos Resorts acquires Mallorca luxury hotel Blau Porto Petro

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30.09.2021

Greek luxury resort group Ikos Resorts has acquired the Mallorca luxury hotel Blau Porto Petro for a reported €110 million (€345,000 per room), from Spain’s Grupo Roxa.

Premia Properties acquires Dimand's residential assets

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30.09.2021

Premia Properties announced the signing of a preliminary agreement for the acquisition of a stand-alone property of serviced apartments located in Piraeus (Agios Dionysios area).

Greek travel receipts soar at €3,384M yoy

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30.09.2021

The balance of travel services posted a surplus of €2,138 million in July 2021 and a surplus of €2,964 million in January-July 2021.

Greek Council of State approves forest maps legislation framework

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30.09.2021

Article 48 of the Law 4685/2020, which regulates issues related to the approved forest maps, was deemed constitutional with two decisions of the plenary session of the Council of State (1364 and 1365/2021)

Who will be able to apply for Recovery Fund financing

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30.09.2021

The Hellenic Ministry of Finance has set in public consultation the list of applicable expenditures that will be able to be funded through the Recovery Fund, aiming at financing private investments.

Public tender offers for the first five Special Urban Plans

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30.09.2021

Five tenders have been announced for the first five Special Urban Plans comprised in the "Konstantinos Doxiadis" Urban Reform Program.

PPC declares a €750M share capital increase

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30.09.2021

Public Power Corporation S.A. (“PPC” or the “Company”) announced its intention to raise capital through a share capital increase of c. €750million and a book building process to determine the offer price of the shares to be issued (the “New Shares”), for the purpose of funding its updated Strategic Plan (the “Share Capital Increase”).

Cement "faces" climate change

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30.09.2021

Cement, a material that is found in abundance in urban centers - and not only - as it dominates the construction of buildings and infrastructure, which make up the built environment. Cement is the most widely used artificial material on the planet, and is the second most used resource, after water.

Six prospective bidders for the Kalamaria Marina in Thessaloniki

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30.09.2021

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, convened and pre-qualified the interested parties that meet the eligibility criteria to participate in Phase B (Binding Offers Phase) of the tender process for the concession of the marina of Kalamaria (Aretsou).

PREMIA expands operations in real estate industry

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30.09.2021

PREMIA S.A. announced its financial results for the six-month period ended on June 30th, 2021.