Athens lists amongst Europe's most competetive tech hub markets

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22.08.2022

Beyond the global tech hubs in Western Europe, employers have expanding operations into Central Europe according to Cushman & Wakefield Proprius recently unveiled research, C&W REGIONAL AND EMERGING TECH HUBS IN EMEA.

UBS invests in tech unicorn BigPanda

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18.08.2022

UBS announced it has invested in BigPanda, a leading artificial intelligence IT operations (AIOps) platform, through UBS Next, the firm’s strategic venture and innovation unit.

Scientists use algae to make carbon-negative cement

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09.08.2022

A CU Boulder-led research team has figured out a way to make cement production carbon negative using microalgae.

Greek authorities unveil an Urban Plan for the Mati and other adjacent urban units

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09.08.2022

Strong potential ahead for the Greek office market expected returns

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09.08.2022

The Greek office market in Athens and Thessaloniki is extremely promising with expected returns reaching 8.5% relative to other European markets according to the latest report by Danos International Property Consultants & Valuers

Sheraton Rhodes Resort was sold to a Spanish investment fund

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09.08.2022

LAMPSA Hellenic Hotels announced the sale of the Sheraton Rhodes Resort to the Spanish investment fund Azora.

Lamda Development acquires McArthurGlen Designer Outlet Athens

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09.08.2022

LAMDA DEVELOPMENT S.A., in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that its 100% subsidiary, LOV S.M.S.A., acquired on 05.08.2022, 100% of the company McArthurGlen Hellas Single Member LLC, owner of the McArthurGlen Designer Outlet Athens in Spata, in the Attica prefecture, from the company MGE Hellenic Investments S.àr.l.

Three binding offers for the acquisition of the Igoumenitsa Port Authority S.A.

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09.08.2022

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), announced the three binding offers for the acquisition of a majority stake of 67% in the share capital of the Igoumenitsa Port Authority S.A.

Floods and storms drive global insured catastrophe losses

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03.08.2022

Floods and storms drive global insured catastrophe losses of USD 38 billion in first half of 2022, Swiss Re Institute estimates

The Hellenic Public Properties Co launches procedure to evaluate its real estate portfolio

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03.08.2022

The Greek hyper fund to review and evaluate the real estate properties comprised in its portfolio in order to determine the assets that are considered to be mature from technical, legal and commercial perspective, and proceed with formulating strategies and exploiting alternative commercial development and investment possibilities.

Autohellas inks deal to purchase 85.60% stake in Portuguese Hertz

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03.08.2022

Autohellas has (August 1, 2022) entered into a binding agreement for the acquisition of 85.60% (plus 4.4% Treasury Shares, totalling 90%) of the share capital of Portuguese company HR Aluguer de Automóveis S.A. (HR Automóveis), the franchisee partner of Hertz International in Portugal, at a consideration of €31,500,000.

The largest Greek real estate investment company is on track of implementation

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02.08.2022

With the help of the state, which will subsidize up to 75% of the income generated by this organization, the brave man who provides a solution to the housing problem of vulnerable households and by solving a fundamentally social issue, comes to complete the last part of the puzzle, which very carefully began three years ago by Giorgos Zavvos; leading all four systemic banks to join the asset protection program called "Hercules", without having the Greeks being invited to participate - once again - in their "rescue" taxpayer.

The LPM Restaurant & Bar in Parklane Limassol

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02.08.2022

After Nammos Limassol, the internationally renowned and award-winning LPM Restaurant & Bar is the latest addition to MHV Mediterranean Hospitality Venture Ltd, reinforcing the recognition of Parklane, a Luxury Collection Resort & Spa, Limassol as the ultimate gastronomic destination of Limassol.

Sunlight Group acquires SEBA and Sunlight Italy

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02.08.2022

Sunlight Group Energy Storage Systems, technology company specializing in integrated and innovative industrial and off-road energy storage solutions, announced the acquisition of BMG Energy’s 22% share capital of Sunlight European Battery Assemby (SEBA) and Sunlight Italy.

AVIS secures financing for its c.€760M investment plan

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02.08.2022

An investment funded by the National Recovery and Resilience Plan Greece 2.0 with the funding of the European Union – NextGenerationEU with the aim of promoting the sustainable development of the company.