Lamda reports €10.5M fair value gain from the revaluation of The Ellinikon Investment Property
LAMDA Development' H1 2022 consolidated net results, after taxes and minority interest, amounted to €22.2m loss, vs. €224.6m profit in the respective period in 2021.
Blé Kedros REIC reports significant increase in turnover in the 1h2022
A significant increase in turnover (rental income) was recorded by Blé Kedros REIC during the 1st half of 2022 with the figure reaching to € 3.059 million versus € 1.501 million in the same period in ...
Greek inflation rate soars above 12% in September
Euro area annual inflation is expected to be 10.0% in September 2022, up from 9.1% in August according to a flash estimate from Eurostat, the statistical office of the European Union.
Zillow expect a buyers market by 2023
Sky-high mortgage costs are driving down competition among home shoppers, and a market firmly in favor of buyers is expected next year, according to a majority of economists and housing experts polled ...
DIMAND acquires a 35,5 hectares logistic property in Thessaloniki
DIMAND has acquired, through its subsidiary “APELLOU ESTATE SMSA”, land with a total area of 35,5 hectares, at the 15th kilometer of Thessaloniki-Edessa, formerly owned by the company “BALKAN REAL EST ...
Real estate property prices are expected to keep their upward trend according to newdeal Academy report
42% of those who have a property for sale are optimistic about an upward trend in real estate prices, since they believe that real estate prices will continue their upward trend in the near future, ac ...
Leroy Merlin unveils plans to develop 35.000sqm of new warehousing space
LEROY MERLIN has announced two new fast-moving warehouses in Athens and Thessaloniki, that will serve both store supply and e-shop orders.
Sunlight Group receives funding from Recovery and Resilience Facility and Greek banks for €175m investment project
Με συντονιστή διοργάνωσης την ΤΡΑΠΕΖΑ ΠΕΙΡΑΙΩΣ Α.Ε., και διοργανωτές τα πιστωτικά ιδρύματα ΤΡΑΠΕΖΑ ΠΕΙΡΑΙΩΣ Α.Ε. και ΤΡΑΠΕΖΑ EUROBANK Α.Ε., ολοκληρώθηκε η υπογραφή κοινοπρακτικής χρηματοδότησης της Su ...
Quintain and J.P. Morgan ink £277M deal for residential development in Wembley
QUINTAIN, the firm behind the growing development around Wembley Stadium, has inked a £277m financing deal with JP Morgan to deliver two further build-to-rent buildings near the iconic stadium.
New electric lighting network on Malakasas – Oropou Avenue
A contract for the construction of a new electric lighting network on Malakasas - Oropou Avenue was inked by the Mayor of the city, Giorgos Giasimakis, and the Regional Governor of Attica, Giorgos Pat ...
New hotel investment in Messinia was approved by Greek authorities
A new tourist investment in the area of Ambelionas in Messinia has received approval to be comprised under the provisions of Law 4399/2016.
PREMIA PROPERTIES inks leasing agreement with LEROY MERLIN
PREMIA PROPERTIES announced that it has come into an agreement with LEROY MERLIN for the leasing of a Dark Store type of warehouse in Thessaloniki. The distribution center will optimize last-mile deli ...
Corinth Pipeworks was awarded Fenix offshore gas field in Argentina by TotalEnergies
Corinth Pipeworks has been selected by TotalEnergies and his Partners (WintershallDea and Pan American Sur) to manufacture and supply approximately 40km of 24” longitudinally submerged arc welded stee ...
Dimand announced increased fair value for the group’s investment properties
Significant increase in Group’s EBITDA: earnings of €5.5mn in H1 2022 vs losses of €2.1million in H1 2021. Increase of the fair value of the Group’s investment properties: €84.0million as of 30.6.2022 ...
BriQ Properties reports 55% increased revenue for the first semester of 2022
BriQ Properties R.E.I.C. announced that according to the consolidated financial statements for first semester of 2022, the rental income of the Group amounted to € 4,0 million compared to € 2,6 millio ...