For six more months, Greek companies managed to keep channels open with their customers abroad and remain reliable suppliers despite the obstacles raised by the effects of the war in Ukraine (high inflation, energy crisis, etc.).
The main infrastructure projects in the large project of Ellinikon are progressing at a feverish pace with AVAX, which has been responsible for the development works of the first phase, progressing the demolition of the old buildings and the construction of the first building that will house the four disabled associations is in progress.
"Egnatia Odos SA" announced the operation of two Side Toll Stations (PSD) in the shortrun.
MEAG has acquired the World Port Center (worldportcenter.com) in Rotterdam, the Netherlands, for a special real estate fund in which Munich Re Group investors are invested.
CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a portfolio of two residential assets currently under construction in Barcelona and Badalona.
In June 2022, SABO S.A. undertook another project for Wienerberger, the largest manufacturer of construction materials worldwide.
The e-platform of the new State contribution program for vulnerable debtors, aimming to support keeping their primary residence, until its transfer to the Real Estate Acquisition and Re-leasing Agency, is now available.
Earnings before Taxes (EBT) of half year amounted to € 20.1 mil. out of which, €15.4 mil. relate to the traditional product portfolio.
The framework of the Social Housing Strategy, under the name "My home!" -following the Prime Minister's announcements from the International Exhibition of Thessaloniki- was presented by the Minister of State Akis Skertsos, the Minister of Labor and Social Affairs, Kostis Hatzidakis, the Minister of Environment and Energy, Kostas Skrekas, of Education and Religious Affairs, Niki Kerameos, and the commander of Public Employment Service, Spyros Protopsaltis.
With a total funds of c.€500 million, the program will offer provisions for cheap loans for those interested to purchase a residential property. The scheme will comprise mainly people aged up to 39 years, as the Minister of Labor and Social Affairs Kostis Hatzidakis commented in ERT3.
The new section of Olympia Road Patra-Pyrgos -that is expected to make the journey from Ancient Olympia and Pyrgos to Athens shorter by 40 minutes and 2 hours and 45 minutes respectively- will be delivered by 2025.
PREMIA Properties expanded its real estate portfolio during the first half of 2022, while securing significant funds to finance its investment plan through the successful issuance of a €100 million Common Bond Loan (CBL) in January 2022.
The Hellenic Statistical Authority (ELSTAT) announced the results of the Labour Force Survey for the second quarter of 2022.
Broken down by age of property, the annual rate of change in new apartment prices was 10.5% and in old apartment 8.7%.
The development of the first Water Field of Attica was approved for the port of Lavrio. The field will serve the transportation needs of tourists as well as residents of the wider area of Lavrio to the islands, mainly of the Cyclades.