Mr. Giannis Karagiannis is the new Chairman of the Public Group BoD

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27.04.2022

The position of (non-executive) Chairman of the Board of Public Group was taken over by Giannis Karagiannis, after the end of the term of Piet Coelewij.

Efforts to halt catastrophic climate change are being held back

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27.04.2022

Efforts to halt catastrophic climate change are being held back by "inertia" in the built environment sector, according to Yamina Saheb, co-author of the latest report from the United Nations climate change panel.

RES projects' licensing proceeds are being accelerated

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27.04.2022

The reduction of the time for licensing of new RES projects from 5 years to 14 months is, among other things, planned by the new bill of the Ministry of Environment and Energy that was put in public consultation.

Norman Foster express interest to contribute in Kharkiv' redevelopment

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26.04.2022

British architect Norman Foster, (with whose plans the large development of Lamda Development is being implemented in the area of the former airport in Elliniko) announced that he wants to help in Kharkov's redevelopment, the Ukrainian city that has been partially destroyed after the Russian invasion

Intense investment interest observed for Athenian real estate assets

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26.04.2022

In the following months, the landscape in the Greek real estate market will be cleared after a significant delay of 8 to 10 months and given the wider economy's priced in impacts according to the former president of the Hellenic Realtors Federation and member of the Board of the Hellenic Realtors Federation, Giannis Revythis.

M&G Real Estate inks deal to purchase an 8storey office property in Seoul

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26.04.2022

M&G Real Estate announced its purchase of a 97% stake in a Greater Seoul office building for $214.6 million, marking the UK fund manager’s fourth acquisition in South Korea since 2020 on behalf of an Asian separate account mandate.

Elon Musk takes over Twitter for $44billion

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26.04.2022

The board of Twitter has agreed to a $44billion (£34.5billion) takeover offer from the billionaire Elon Musk.

The Counsil of State approves the Special Urban Plan for Agios Dionysios area in Piraeus

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26.04.2022

The draft Presidential Decree refering to the Special Urban Plan for the area of Agios Dionysios in the port of Piraeus was approved by the CoF.

Best wishes from RED magazine

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22.04.2022

JPMorgan Chase Unveils Plans for New Global Headquarters Building in New York City

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18.04.2022

JPMorgan Chase unveiled the design for its new state-of-the-art global headquarters at 270 Park Avenue, reinforcing its commitment to New York City.

Alpha Bank offers up to €5M financing with 70% guarantee from the EIF

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18.04.2022

Alpha Bank, fulfilling its commitment to support small and medium-sized enterprises, by providing financing with a 70% guarantee from the European Investment Fund (EIF), through its participation in the Pan-European Guarantee Fund (EGF), under a relevant agreement with the EIF.

Canada freezes house property purchases from foreigners

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18.04.2022

Canada's Prime Minister Justin Trudeau recently announced a two-year ban on foreigners buying real estate.

Condor Airlines returns in the Greek market after 20 years absence

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18.04.2022

German airline, Condor had its first flight landed in Athens on April 18, for the first time after almost 20 years.

HIH Invest acquires a retail park in Germany

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18.04.2022

HIH Invest Real Estate has added a retail park in Germany to its local retail fund.

Intrakat and Bouygues joint venture to develop Marina Tower

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18.04.2022

According to sources familiar with the matter an Intrakat-Bouygues joint venture will undertake the project to develop the first skyscraper that will be located in the Ellinikon, the so called "Marina tower".