Almost 2,3% of residential properties based in Athens are listed in short term rental platforms

|

20.12.2022

The average nightly price in Athens is currently at €94.76 per night and the most properties located in the commercial triangle of the city's center bieng listed in short term rental platforms. Listed properties based in Plaka are 2,145, in Neos Kosmos 1,167 and in Koukaki - Makrygianni 968.

GRESB: Increased ESG practices across the transportation sector

|

19.12.2022

Fabio Schweinoster Manfroni, GRESB Analyst, Infrastructure

Double “A” ranking recognizes Holcim’s performance in climate and water security management

|

16.12.2022

CDP recognizes Holcim’s sustainability leadership with a double “A” ranking for climate and water management.

French Alstom express interest in building a suburban rail in Heraklion, Crete

|

16.12.2022

The French group Alstom is focusing to Heraklion, Crete, bringing back to discussions the construction of a fixed track network, which will connect Heraklion, Crete with the new airport in Kasteli.

Greek unemployment rate for the third quarter of 2022 was 11.6%

|

16.12.2022

The Hellenic Statistical Authority (ELSTAT) announced the results of the Labour Force Survey for the third quarter of 2022.

Real estate market is expected to be remarkably altered in the next five years

|

16.12.2022

More than one in two citizens express the desire to move within the next five years away from their current place of residence, and of these, one out of four states that they intend to buy a property or rent for several years.

MYTILINEOS declares new corporate structure

|

15.12.2022

MYTILINEOS presented its new strategy for value creation and continuous growth. Chairman & CEO Ev. Mytilineos, welcomed all to a new era for MYTILINEOS, based on the global trends of energy transition and digital transformation and focused on sustainable development and circular economy.

CASTLELAKE increases stake in Prodea to 92,04%

|

15.12.2022

Prodea Real Estate Investment Company Société Anonyme (the Company) informs the investment community, in accordance with the provisions of law 3556/2007, as in force, and Regulation 596/2014 that, according to the TR1 notifications of law 3556/2007 submitted to the Company on 13.12.2022 by the legal persons INVEL REAL ESTATE B.V. and CASTLELAKE OPPRTUNITIES PARTNERS, LLC, the following were disclosed:

The brand new BriQ Properties' HQs in the center of Athens

|

15.12.2022

BriQ Properties REIC has relocated in its brand new privately owned offices, 260 sq.m. approximately, on the 3rd floor of 3 Mitropoleos Street, Syntagma Square.

Quite improved data for the evolution of turnover of enterprises in all sectors

|

15.12.2022

ELSTAT unveils the Evolution of Turnover of enterprises in all sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for October 2022. the report follows another recent on regarding the enterprises that were under Suspension of Operation due to the pandemic of the corona virus disease 2019 (COVID-19).

Trastor's rental reveunue reaches €5,6M in the third quarter of 2022

|

15.12.2022

Trastor REIC recorded a 26% increase in rental revenue, which reached €5.6 million in the third quarter of 2022 compared to €4.5 million in the corresponding period of 2021.

PPC ink exclusivity agreement with Enel Group for possible acquisition of the latter's stake in Romania

|

15.12.2022

Enel S.p.A. announced that has entered into an Exclusivity Agreement with Greek company Public Power Corporation S.A. (“PPC”) in relation to the potential disposal of all the equity stakes held by Enel Group in Romania (“Target Assets”).

Deadline extension for the small off-plan plots deviations' arrangements

|

15.12.2022

The Ministry of the Environment submitted in parliament a legislative regulation -comprised in a Ministry's of Health bill- to adjust the conditions under which stadiums with an even deviation will be possible to maintain buildability status beyond the December 9, 2022 deadline that was in force until today.

€40M in infrastructure projects are currently being deployed in Greek territory

|

14.12.2022

Minister Kostas Karamanlis speaking at the Hellenic-French Forum in Paris unveiled plans of c.€13M infrastructure projects that are to be implemented by the Ministry of Infrastructure and Transportation. From these projects more than €10 billion have been tendered and almost €5 billion contracted

Land Registry declaration applications deadline is expected to be extended by seven more months

|

14.12.2022

The possibility of declaring written rights in the Land Registry will be extended by seven months, i.e. until July 31, 2023, without imposing a fine on property owners who delayed the submission of declarations during the land registration by region of the country. This possibility is being examined under a provision that is expected to come in Greek Parliament.