The ECB's Governing Council on an ad hoc meeting

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15.06.2022

Today ECB's Governing Council met to exchange views on the current market situation. Since the gradual process of policy normalisation was initiated in December 2021, the Governing Council has pledged to act against resurgent fragmentation risks.

Greek unemployment rate was recorded at 12,5% in April

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15.06.2022

According to data published by ELSTAT, the seasonally adjusted unemployment rate in April 2022 amounted to 12.5% compared to 17.2% in April 2021 and to the upwards revised 12.6% in March 2022.

Unibail-Rodamco Westfield disposes of high-street retail asset

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15.06.2022

Unibail-Rodamco-Westfield to sell Almere Centrum in The Netherlands for €155 million Unibail-Rodamco-Westfield (URW) announces an agreement with a group of private investors led by the UMB Group for the sale of Almere Centrum in The Netherlands.

Eurobank adopts hybrid work model

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15.06.2022

Eurobank announced that it is introducing a new hybrid working model and shall be the first bank in Greece to implement it. The bank will regularly apply the combination of office work and work from home (work@home | work on premises) for its employees.

Why Marriott, Hilton and Hyatt predict strong days ahead for the hotel industry

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14.06.2022

Despite soaring inflation, economic growth easing and the threat of another recesion the hotel industry is enjoying a strong recovery.

Trastor aims to reach €600M portfolio value by 2025

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14.06.2022

According to the company's management, Trastor REIC sets the target even higher for its real estate portfolio.

Blackstone received GWC approval to acquire Crown Resorts

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14.06.2022

Crown Resorts Limited had entered into a scheme implementation deed with a company on behalf of funds managed or advised by Blackstone Inc. and its affiliates, under which Blackstone would acquire all of the shares in Crown by way of a scheme of arrangement at a price of $13.10 cash per share.

Seven prospective bidders have reportedly filed for HEDNO' tender for 7M smart energy meters

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14.06.2022

Greece’s sole power grid operator HEDNO is set to unseal on Tuesday seven bids received in a tender to replace about 7 million outdated electricity meters across the country.

Asphalt paving works completed in Poseidonos Avenue

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14.06.2022

Asphalt paving works were completed in a key section of the coastal Avenue Poseidonos, at its junction with Alimou Avenue and in both traffic streams, by Attica Region's responsible department.

Road bridge in Romanian periphery collapses killing one person

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14.06.2022

Recently rehabilitated road bridge collapsed killing one person in Neamt county, northeastern Romania. A truck and a van were crossing the bridge when it fell.

€400M in new funding will be soon available throuf the Q-Equity scheme

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10.06.2022

Q-Equity will soon be launched with €400 million available to generate funds to invest in Greek small and medium enterprises, through financial instruments that allow a wide range of investment strategies, according to the Hellenic Development Investment Bank's CEO, Mrs. Antigoni Lymperopoulou interview in moneyreview.

Primestar and Hilton launch new hotel in Vienna

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10.06.2022

The hotel operating company Primestar Group is growing internationally and will open its first hotel in Austria with the Hampton by Hilton Vienna City West in 2024.

Alpha Bank works to finalise decisions on project Skyline disposal by the end of June

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09.06.2022

Aiming at how will the Skyline real estate portfolio be distributed, Alpha Bank's management is evaluating the offers submitted by the (3) candidate bidders.

A private club, exclusive sea view apartment units and much more are comprised in Orilina's plan for The Ellinikon

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09.06.2022

One of the most emblematic projects within “The Ellinikon” is the revitalization of the Coastal Zone, encompassing as key elements the creation of the new freely accessible beachfront and a number of architectural landmarks.

Trastor acquires an emblematic office building of impeccable architecture and aesthetic

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09.06.2022

Trastor R.E.I.C. , announced that it was awarded with a standalone office building with total area of 16,795 sq.m located at the junction of 18-20, Sorou and Amarousiou-Chalandriou Str. in Maroussi, Attica, through a free sale process pursuant to the provisions of the Civil Procedure Code.