AEGEK disposes of office property located in Thessaloniki

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22.06.2022

AEGEK disposed of an office property in a multi-storey building in Thessaloniki, to Bechtsinar, for a total of 1.5 million euros.

Qantas and Airbus join forces to develop a sustainable aviation fuel industry

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20.06.2022

Australian carrier Qantas Group and European plane maker Airbus Group have committed to jointly invest up to USD 200 million (€191m) to help create a sustainable aviation fuel (SAF) industry in Australia.

Trade Estates is keep expanding its portfolio aiming to hit half billion in value

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20.06.2022

Trade Estates, a subsidiary of the Fourlis group, sets the standards even higher for its investment portfolio.

Greek industrial turnover index up in April according to ELSTAT

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20.06.2022

The Hellenic Statistical Authority announced the Turnover Index in Industry with base year 2015=100.0 for April 2022, the evolution of which on the basis of provisional data, is as follows: The Overall Turnover Index in Industry (both Domestic and Non-Domestic Market) in April 2022 recorded an increase of 33.3% compared with the corresponding index of April 2021.

EY: Greece climbs three spots in Renewable Energy Country Attractiveness Index

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20.06.2022

The global energy market is in a state of chaos. In the past year, there has been unprecedented volatility in the natural gas market, with a handful of factors resulting in high demand and supply constraints.

Nea Odos issues notice for traffic restrictions

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20.06.2022

Κυκλοφοριακές ρυθμίσεις θα ισχύσουν στον Αυτοκινητόδρομο Α.Θ.Ε και συγκεκριμένα στο τμήμα μεταξύ του Ανισόπεδου Κόμβου (Α/Κ) Αγ. Κωνσταντίνου (Λογγού) και του Δυτικού Η/Κ Καμένων Βούρλων, με στόχο την εκτέλεση τη διενέργεια εργασιών συντήρησης και αποκατάστασης του ηλεκτρομηχανολογικού εξοπλισμού των τοπικών σηράγγων.

What do Athens, Paris and Bogota have in common

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20.06.2022

Among the nine cities compared, Athens, with an average density (16,615 pers/km2 ), emerges as the second densest city after Paris (18,269 pers/km2 ), illustrating the highly compact and continuous nature of their urban development with relatively low-rise buildings (under ten storeys), according to the “UrbanAge” program that was jointly organised by LSE Cities at the London School of Economics and Political Science and the Alfred Herrhausen Gesellschaft.

Index of Wages Cost down 1,3% in 1Q2022

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17.06.2022

The unadjusted Index of Wages Cost (not seasonally adjusted and not adjusted for the number of working days) for the 1st quarter 2022, compared with the corresponding index of the 1st quarter 2021, recorded a decrease of 1.3%, while an increase of 6.6% was recorded when comparing the corresponding index of 2021 with that of 2020.

Moody's has downgraded Chinese property developers in surging pace recently

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17.06.2022

A measure of risk levels for debt in Asia has surpassed its 2009 financial crisis high, thanks to a surge in downgrades of Chinese property developers since late last year, according to ratings agency Moody’s.

Fiat's factory in Torino rooftop garden is being redesigned

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17.06.2022

Turin’s latest public amenity is a large rooftop garden and art space where visitors will be able view installations or even do yoga among meadow-like beds of flowering grasses.

The European investment platform for tech startups SeedBlink steps foot in Greece

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17.06.2022

The European investment platform for tech startups SeedBlink has opened an office in Athens, Greece, to complement the company’s expansion plans and continue its accelerated growth.

The Ellinikon Park development project is estimated to reach at c.250M

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17.06.2022

The Ellinikon Park will be constructed and will operate exclusively with investors' money. The total estimated cost is at c. € 250 million according to Lamda Development executives' comments during a presentation of the largest coastal park in Europe.

Prospective buyers are gradually shifting into larger residential properties

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17.06.2022

Prospective property buyers are shifting graduallt into larger residences, relative to previous years who chose fewer square meters, records the annual survey of RE / MAX Hellas, essentially confirming the international trend prevailing in recent years young couples who decide to live in privately owned property, but also those who wish to invest in more comfortable homes to serve their daily needs, to choose homes over 75 sq.m.

The first Greek Gundari resort to be developed in Folegandros island

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16.06.2022

The Australian interests new hotel chain Gundari resorts, chose Folegandros to develop its first hotel unit in Greece.

Panattoni completes biggest zoned land deal ever done in the Swedish market

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15.06.2022

Panattoni, Europe’s largest deployer of institutional capital and developer in the industrial and logistics real estate sector, has completed the biggest zoned land deal ever done in the Swedish market with the c. €300 million (SEK 3.1 billion) acquisition of seven sites totalling 121.3 ha in the region of Stockholm and Skåne.