The Growthfund launches tender for Kalamata International Airport

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09.09.2022

The Growthfund (the national fund of Greece) announced an international tender for the concession of the right to administer, manage, operate, develop, expand, maintain and exploit the Kalamata International Airport, for a concession period of about 40 years.

Queen Elizabeth II has died at Balmoral aged 96

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09.09.2022

Queen Elizabeth II, the UK's longest-serving monarch, has died at Balmoral aged 96, after reigning for 70 years.

Colliers acquires a controlling interest in Pangea Property Partners

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08.09.2022

The global leading professional services and investment management company, Colliers, acquires a controlling interest in Pangea Property Partners and creates a dominant market leader in the Nordic region.

Lights off to save energy on Rio-Antirrio bridge

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08.09.2022

Taking into account the current energy crisis and in order to reduce energy consumption - especially during the winter months - GEFYRA S.A. continues to take additional saving measures, including the regular decorative lighting of the Rio - Antirio Bridge.

PPC bids for a big hydroelectric project in North Macedonia

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08.09.2022

The only offer for the large hydroelectric project Cebren, in North Macedonia, was submitted by the Greek Public Power Company (PPC).

Heat stress to threaten over 70% of global agriculture by 2045

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08.09.2022

Almost three quarters of the world’s current food production will face extreme risks from heat stress by 2045, jeopardising the health of outdoor workers and threatening the world’s supply of key crops, according to Verisk Maplecroft's recently released research.

Dolphin Capital Investors' Kilada Hills Golf Resort development secures public financing

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08.09.2022

The Ministry of Development has approved the inclusion in the national development law Dolphin Capital Investors' investment in Argolis. The investment envisages the creation of an 18-hole golf course on a total area of 869 acres as part of the large tourist investment Kilada Hills Golf Resort, in an area near Porto Heli of Argolis.

Real estate market as the new haven for international investments during a challenging period

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08.09.2022

“Buckle up and don't smoke. The landing will be hard and in perfect storm.” Nouriel Rubini -the well-known "evil soothsayer"- noted during his EPRA Rethink 2022 opening remarks. In this particular case though his prognosis was more or less known to everyone.

Abandoned women's prison and courthouse in Berlin was converted into hotel

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07.09.2022

German practice Grüntuch Ernst Architects has converted an abandoned women's prison and courthouse in Berlin into a "tranquil" hotel.

The total value of Greek exports-dispatches up c. 40% in July

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07.09.2022

According to data unveiled by ELSTAT, the total value of imports-arrivals, in July 2022 amounted to 7,967.9 million euros (8,085.9 million dollars) in comparison with 5,801.5 million euros (6,838.1 million dollars) in July 2021, recording an increase, in euros, of 37.3%.

Blue Air suspends operations till September, 12

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07.09.2022

Blue Air, the largest private Romanian airline, has suspended all flights to and from Romanian airports until Monday, September 12.

Chinachem inks deal to purchase the Kaleidoscope for a total of €184M

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07.09.2022

Helical announced that it has exchanged contracts on the sale of the single asset company, Farringdon East (Jersey) Limited, which owns the long leasehold interest in Kaleidoscope, Lindsey Street, EC1 to Chinachem Group at a disposal price of £158.5m reflecting a capital value of £1,789 psf and a marginal premium to book value.

A SMERC, Laskaridis and Brown Hotels consortium acquires Intrum's Tethys project

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07.09.2022

According to information confirmed by sources familiar with the deal, Intrum's Tethys project has resulted in a SMERC of N. Karamouzis and Laskaridis group with Brown Hotels consortium.

Passenger traffic at the Athens International Airport jumps in August 2022

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07.09.2022

Passenger traffic at the Athens International Airport "El. Venizelos" airport reached 2.85 million passengers in August, slightly more than in July and -6.1% compared to August 2019.

e-EFKA in search of prospective investors interested in hotels and office properties

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05.09.2022

e-EFKA continues to exploit its real estate portfolio, having two tenders open while preparing three more properties in the center of Athens to be auctioned as well.