Blé Kedros REIC reports significant increase in turnover in the 1h2022

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30.09.2022

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 2021.

Greek inflation rate soars above 12% in September

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30.09.2022

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

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30.09.2022

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 in the latest Zillow Home Price Expectations Survey.

DIMAND acquires a 35,5 hectares logistic property in Thessaloniki

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30.09.2022

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 ESTATE S.A.”, for a total price of €6 million.

Real estate property prices are expected to keep their upward trend according to newdeal Academy report

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28.09.2022

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, according to a survey by the newdeal real estate Academy in collaboration with the Education Workshop and of Accounting Applications of the National Kapodistrian University of Athens (EKPA).

Leroy Merlin unveils plans to develop 35.000sqm of new warehousing space

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28.09.2022

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

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28.09.2022

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 Sunlight Group Συστήματα Αποθήκευσης Ενέργειας, ως επιχείρησης εξαγωγικού χαρακτήρα, στο πλαίσιο του Εθνικού Σχεδίου Ανάκαμψης και Ανθεκτικότητας «Ελλάδα 2.0».

Quintain and J.P. Morgan ink £277M deal for residential development in Wembley

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28.09.2022

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

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28.09.2022

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 Patoulis.

New hotel investment in Messinia was approved by Greek authorities

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28.09.2022

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

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28.09.2022

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 delivery and will operate in the area of Oreokastro in Thessaloniki.

Corinth Pipeworks was awarded Fenix offshore gas field in Argentina by TotalEnergies

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27.09.2022

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 steel pipes for the Fenix phase 1 gas export pipeline.

Dimand announced increased fair value for the group's investment properties

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27.09.2022

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 vs €50.3mn as of 31.12.2021

BriQ Properties reports 55% increased revenue for the first semester of 2022

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27.09.2022

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 million for the respective last year period, recording an increase of 55%, due to the integration of revenues from the investments in logistics and due to the decrease in the comparative revenues of the 1st half of 2021 due to the mandatory rent reductions due to measures against Covid-19.

100 schools in Thessaloniki to be energy upgraded with photovoltaic panels isntallation

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27.09.2022

The municipality of Thessaloniki is to install photovoltaics in 100 schools, in an effort to make the units energy autonomous, as announced by the city's mayor , Konstantinos Zervas.