HIP secures financing from Alpha Bank for new investments in Greece

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20.08.2021

Alpha Bank fulfils its commitment to support the Real Estate and Hospitality Sectors, by financing Hotel Investment Partners’ (HIP) extensive investment program concerning five hotels in key Greek resort locations in Crete, Zante and Corfu.

12 Regional Urban plans win financing approval

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20.08.2021

The approval for the financing of the first 12 studies of Local Urban Plans was published. Following a recent decision taken by the Deputy Minister of Hellenic Ministry of Environment and Energy, Mr. Tagaras, the first 12 Local and Special Urban Plan studies will be financed by the Fund for Recovery and Sustainability.

Commercial property yields trending higher in peripheral zones

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19.08.2021

Last year COVID-19 pandemic transformed the retail industry in an unprecedented way.

An uncertain future lurking above a large office stock

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18.08.2021

A Colliers analysis showed that around 20 million square feet of London workspace, representing almost 10% of the total stock, are not compliant with upcoming energy efficiency rules.

Shift to online purchases is to suppress retailers' profit margins

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18.08.2021

A new report by global professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, estimates that U.K. retailers will see profits fall by £8billion by 2025, a result of the seismic shift to ecommerce brought about by the COVID-19 pandemic.

Hyatt Hotels acquires Apple Leisure for $2,7B in cash

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18.08.2021

ALG’s hotel portfolio consists of over 33,000 rooms operating in 10 countries.

KKR disposes of industrial warehouses portfolio

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18.08.2021

The private equity firm inked agreement to sell a portfolio with total surface of 145.000 sqm of industrial warehouses to Oxford Properties (Oxford) for a $2,2 billion.

New platform to file illegal properties located in the woods

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14.08.2021

Through a new ministerial decision are the terms and operational specifications of an internet platform being defined. Through the new platform interested parties will be able to file applications to adjust apparent flaws in forest maps, objections, annulment applications or any other administrative or legal remedy by which they dispute that their property is of a forest nature. The decision was jointly signed by the Undersecretary of Environment and Energy ministry, George Amyras and the Undersecretary of the ministry of Digital Governance George Stylios and has been published in the Government Gazette.

The areas from which the Urban Planning will start

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14.08.2021

The 1st "package" of studies of Local and Special Urban Plans to be financed by the Recovery and Resilience Fund was published in the Government Gazette

Trastor restructures its portfolio

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14.08.2021

Trastor Changed the mix of its portfolio after a series of transactions made by the company in the H1 2021.

TRASTOR acquires land plot in Aspropyrgos Attica

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09.08.2021

Trastor REIC announced the acquisition through its 100% subsidiary DORIDA SA of a land plot of 16,013.50 sqm, located at "Melissia" area in Aspropyrgos, Attica.

Wellness market to dominate consumption in the coming years

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06.08.2021

The wellness market has been steadily rising in recent years, with consumers spending more on products that improve their health, fitness, diet, appearance, sleep and mindfulness.

ICI: Acquisition of a Commercial two storey building

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05.08.2021

Intercontinental International REIC (ICI), following its participation in a private tender procedure regarding the acquisition of a commercial two storey building with basement (Supermarket) of 4.408,32 sq.m. in total with parking on adjacent plots of 5.663,58 sq.m. in total in Marathonos Avenue corner Xintara Street in Pikermi, Attica and in particular three adjacent plots in 1, Xintara Street corner 4, Marathonos Avenue, where the two storey building/ shop with basement is built, 3, Xintara Street and 5, Xintara Street in Pikermi district of Rafina- Pikermi Municipality, occupied by HELLENIC HYPERMARKETS SKLAVENITIS S.A. as a long period tenant, announces to its shareholders and the broader investment community the acquisition of the said property on July 30, 2021 at the price of €8.086.970.

Alpha Astika Akinita is seeking a strategic investor

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03.08.2021

Alpha Bank announced its intention to pursue a joint venture with an international strategic partner in the Greek real estate market.

Increased results for Mytilineos in the H1 2021

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02.08.2021

Commitment of the group to reduce direct and indirect CO2 emissions by at least 30% by 2030.