LAMDA inks deal to purchase 20% stake in R Energy 1 Holding

|

31.10.2022

LAMDA DEVELOPMENT S.A. in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that its 100% subsidiary, LAMDA ENERGY INVESTMENTS S.M.S.A., signed a share transfer agreement regarding the purchase of 20% of the share capital of R Energy 1 Holding for a cash consideration of €5m.

Zillow confirms more layoffs amid housing-market slowdown

|

27.10.2022

Zillow Group Inc. laid off 300 employees as the company contends with a slowing housing market.

"My home", a Greek government's initiative for prime residence

|

27.10.2022

The bill -that addresses legal issues in order for the Social Housing Strategy ("My Home" program) to take shape from the beginning of 2023- was presented by the Minister of Labor and Social Affairs, Kostis Hatzidakis, to the cabinet.

New York and Boston the most expensive citiew in the United States to live in

|

27.10.2022

Boston surpassed San Francisco to become the second most expensive city in the United States, as Bostonites navigate especially low supply according to Zumper's recently unveiled National Rent report.

EDPR increases its gross investment in renewable energy to over 4 billion euros

|

27.10.2022

EDPR has already managed to hit 40% of the 20 GW target set for its installed capacity for 2021-2025 via its assets in operations and under construction.

Residential rents in large Greek cities are soaring to new highs

|

27.10.2022

The lack of new housing in recent years, the reduced supply of quality properties available for long-term leases, the return to growth and to pre covid lifestyle after a two-year period of travel restrictions and remote work and education due to the coronavirus pandemic, but also the rapid growth of of short-term leases, are the main causes of the increase in house rental prices both in the large urban centers of Attica and Thessaloniki as well as in the region.

Commission proposes to accelerate the rollout of instant payments in euro

|

27.10.2022

The Commission has adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries.

Noval Property acquired a new office building in Marousi, formerly owned by HELLENiQ ENERGY Holdings S.A.

|

27.10.2022

Noval Property announced that, following a bidding process, it acquired an office building located on 199, Kifisias Ave in Marousi, formerly owned by HELLENiQ ENERGY Holdings S.A.

Energean Power FPSO confirmd first gas delivery from Karish

|

26.10.2022

Energean plc confirmed that first gas has been safely delivered at the Karish field, offshore Israel.

Material Costs in the Construction sector jump 12,4% in September

|

26.10.2022

The Overall Material Costs Index in the Construction (CSTM) of New Residential Buildings with base year 2015=100.0 in September 2022 recorded an increase of 12.4% in comparison with September 2021.

Greek supermarket sales jump 4.6% in the first nine months of 2022

|

26.10.2022

Increased sales in value by 4.6% was recorded by the organized food retail market (food stores over 100 sqm, mainland Greece & Crete, excluding the islands) during the nine months of the current fiscal year (YTD data up to 02 October 2022) , compared to the corresponding period last year.

Unprecedented protest within the German governing coalition on COSCO's stake in the country's largest port

|

26.10.2022

Στο 24,9% θα ανέλθει τελικά το ποσοστό που θα αποκτήσει η κινεζική ναυτιλιακή εταιρεία Cosco στο λιμάνι του Αμβούργου ύστερα από την έγκριση του συμβιβασμού που πρότεινε ο Καγκελάριος Ολαφ Σολτς από την Ομοσπονδιακή κυβέρνηση.

The first ever delivered "pocket park" in Kifissia

|

26.10.2022

A new green and leisure area described as "pocket park" has been delivered after refurbishment in the Municipality of Kifissia suburb of Attica.

Novum Invest adds 3 new residential towers to a resort on the Romanian coastline

|

26.10.2022

Real estate developer Novum Invest will add three new residential towers to the Novum by the Sea resort in Olimp, on the Romanian seacoast.

Renovate with public backed financing your residence

|

26.10.2022

The Ministry of Environment and Energy unveiled a guide for the "Execonomo for younger citizens" program, which refers to people aged 18-39.