A safe haven for long-term investors has the real estate industry been recorded to be, according to the Newdeal Real Estate Academy.

A Savills Investment Management SGR SpA managed fund, and advised by Dils and Savills, has sold an office building located in Viale Piero e Alberto Pirelli 25 in Milan to the Antirion Global Comparto Core fund, managed by Antirion SGR.

In December 2021, industrial producer prices rose by 2.9% in both the euro area and the EU, compared with November 2021, according to estimates from Eurostat, the statistical office of the European Union.

Two alumni of the Gymnasium Beekvliet – MVRDV founding partner Winy Maas and Theobert van Boven of Van Boven Architecten – are leading the transformation of their old secondary school in the Dutch village of Sint-Michielsgestel.

The most common form of contingent liabilities in the EU Member States is government guarantees on liabilities, and occasionally, on assets of third parties.

The EU has met the 10% target level for 2020 for the share of renewable energy (including liquid biofuels, biomethane and ‘green’ electricity) used in transport.

Barings, one of the world’s largest diversified real estate investment managers, has acquired a sizeable office in Berlin’s central Mitte district for a pan-European core strategy.

IHG Hotels & Resorts has signed 10 new properties across the Iberian Peninsula.

Hilton has today confirmed plans to open two hotels in Athens, as part of a management agreement with affiliates to SCD Group LTD.

MERKUR Development Holding GmbH has started construction of 42 apartments in Frankfurt-Niederrad.

Piraeus Financial Holdings announced that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting.

PJ Tech Catalyst Fund, a seed stage technology fund operating out of Athens, Greece and backed by the European Investment Fund and Piraeus Bank announced that its portfolio company Pollfish has been acquired by Prodege, a cutting-edge marketing and consumer insights company based out of El Segundo, California.

The strong economic recovery supports the recovery in the real estate markets and the downside risk can only arise from higher inflation or a resurgence of the pandemic, CBRE points out in a recent;y published report regarding the German real estate market.

Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s share continued to rise, according to data released by Eurostat.

In the fourth quarter 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat.