AXA IM Alts acquires a portfolio of 15 Japanese nursing homes

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12.12.2022

AXA IM Alts has acquired a portfolio of 15 Japanese nursing homes for €156 million ($163.7 million), becoming the latest global investor to bet on senior living assets in the country with Asia’s oldest population.

Non ending frustration in the Coco-Mat hotel case in Acropolis

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12.12.2022

There seems to be no ending to the frustrated situation with the Coco-Mat hotel development based in Athens. The hotel has been operating for three years, earthed on a competitive spot under the Acropolis rock and is comprised in Blé Kedros REIC real estate portfolio.

The land zone of Hydra's port upgrade project

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08.12.2022

The progress of the projects that are being financed through the Attica Region's financial tools as well as the conditions to launch new projects on the island of Hydra, were discussed during a working meeting that was held by the Attica Regional Governor G. Patoulis with the Mayor of Hydra G. Koukoudakis.

Retrofitting of real estate properties a future's must

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08.12.2022

We estimate that across the world’s most developed cities at least 90% of office buildings are over 10 years old. Most of these assets would not meet today’s energy efficiency standards for new builds and very few have firm plans in place to prepare for even more stringent regulations on the horizon as governments pivot efforts to decarbonize existing buildings.

The Bank of Greece unveils the commercial property indices for the first half of 2022

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08.12.2022

The Bank of Greece unveils prime office and commercial properties report for the first half of 2022.

Sunlight Group acquires 51% of Triathlon Holding GmbH

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08.12.2022

Sunlight Group acquires 51% of Triathlon Holding GmbH. Companies shall continue autonomous commercial operations, while leveraging synergies.

Elefsina Shipyards have reportedly secured $102M financing from the DFC

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07.12.2022

The schedule of the final approval and disbursement of $102,000,000 from the American State Investment Bank DFC for the Elefsina Shipyards was agreed upon.

Intrum Hellas and Glafka Capital ink deal over the 3 casinos' liabilities

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07.12.2022

Intrum Hellas and Glafka Capital have reached an agreement following a series of negotiations for the transfer of Piladakis group three casinos' loan liabilities

The Ministry of Infrastructure accelerates proceeds for the tender BOAK for the part from Chania to Heraklion

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07.12.2022

The Ministry of Infrastructure accelerates proceeds for the tender for construction project of the Northern Road Axis Crete (B.O.A.K.) from Chania to Heraklion to the Invitation to Submit Binding Offers.

Greek GDP shrinks 0,5% qoq in the third quarter of 2022 according to ELSTAT

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07.12.2022

The Hellenic Statistical Authority (ELSTAT) announced provisional data on the Gross Domestic Product (GDP) for the 3 rd quarter of 2022.

Submissions are now open for the "New Industrial Parks" program

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06.12.2022

The submission period for proposals to the so called "New Industrial Parks" program that will receive state aid funds opens on Tuesday, December 6, while the deadline for submitting proposals shall be January 31, 2023.

Peakside has acquired the Grandhotel Hessischer Hof and an adjacent office property

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06.12.2022

Peakside has acquired the Grandhotel Hessischer Hof and an adjacent office property in Frankfurt. Those are the plans for the hotel.

An industrial property located in Kryoneri Atiica was added in Premia Properties portfolio

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06.12.2022

Premia Poperties announceed the acquisition of an industrial property with a total surface of 5,236 sqm on a land plot of 6,480 sqm, in Kryoneri, Attica for a consideration of €2.1 million.

The Integrated Development Plan of the Region of Peloponnese for 2030

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06.12.2022

More than 200 projects and other additional interventions are being comprised in the Integrated Development Plan of the Peloponnese Region for 2030, with a total budget of €5.25B.

Effective for another year the 3% ceiling in professional lease agreements

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06.12.2022

A 3% ceiling on professional leases will be maintained for another year.