OPEC considers a cut to the group’s output limits of 2 million barrels day

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05.10.2022

A panel of OPEC+ ministers recommended a cut to the group’s output limits of 2 million barrels day as they seek to halt a slide in oil prices caused by the weakening global economy.

Costa Navarino receives special town planning approval for 8.500 hectares of land

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05.10.2022

The Ministry of Environment has published the pre-approval of the Special Town Planning plan for Integrated Tourism Development Area (IPDA) in the location "Kynigos", of the Municipality of Pylos of Messinia prefecture.

Trastor disposes of a land plot at Nea Anchialos, Magnesia

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05.10.2022

Trastor REIC proceeded with the sale of a property in Nea Aghialos Volos.

Digital Realty expands in Greece with Heraklion facility on Crete

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04.10.2022

Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced plans to build its first data center in Crete, enhancing its role as a connectivity hub in Greece and the Mediterranean.

A tender for the construction of the Nestorian Dam to be soon launched

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04.10.2022

The Ministry of Agricultural Development and Food is proceeding with the retendering of the project "Construction of the Nestorian Dam and accompanying works of Kastoria", which has been frozen since 2015.

Commission receives payment request from Greece for €3.56B under the Recovery and Resilience Facility

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04.10.2022

The Commission received the second payment request from Greece under the Recovery and Resilience Facility (RRF) for a disbursement of €3.56 billion in financial support (net of pre-financing) of which €1.72 billion in grants and €1.85 billion in loans.

American real estate professionals visit Evros to explore the region's investment potential

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04.10.2022

Alexandroupolis was the first stop of an eight-day trip to Greece of a large delegation of American real estate professionals from the State of Illinois.

Noval declares full refinancing of the Green Bond Inbox

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04.10.2022

NOVAL PROPERTY REAL ESTATE INVESTMENT COMPANY announced that, on 03.10.2022, the Company proceeded to the full refinancing of the common secured Bond Loan (BL) dated 21.04.2015 between the Company and “ALPHA BANK S.A.”,

JLL:New Markets emerge from Changing Distribution Patterns

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04.10.2022

In recent years, challenges to the logistics sector, such as Brexit, Covid-19 lockdowns and the war in Ukraine, have caused a ripple effect through global and regional supply chains. In this fast-changing environment, diversification strategies are essential for maintaining optimal inventory levels in Europe.

Greek REICs invest in offices and commercial assets in the first half of 2022

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03.10.2022

In the first half of 2022 Greek REICs invested c.198 million euros despite the uncertainty in the global real estate market due to increased inflation and geopolitical tension.

Rural road construction works of €500,000 budget in Ioannina

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03.10.2022

The tender process opens for the project to improve access to agricultural land and livestock holdings, which was included in the Ministry's 2014-2020 Rural Development Program.

UK government quits plan to cut tax on high earners

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03.10.2022

The U.K. government on Monday reversed a plan to scrap the top rate of income tax, after a public backlash and major market turbulence.

HRADF: Initiation of the process for the development of the Volos Port Authority

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03.10.2022

HRADF, a member company of GROWTHFUNG – The National Fund of Greece, announced the commencement of the process for the development of the Volos Port Authority (V.P.A. S.A.), with the posting on the Fund’s website of a brief description of the project and the terms of the international tender for the sale of a majority stake of the company’s share capital.

The seasonally adjusted Greek PMI posted 49.7 in September

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03.10.2022

Operating conditions deteriorated across the Greek manufacturing sector in September, according to the latest PMI data from S&P Global.

Lamda reports €10.5M fair value gain from the revaluation of The Ellinikon Investment Property

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30.09.2022

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.