Trade Estates properties portfolio reacehes c.€286 million of total value

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23.11.2022

Trade Estates, the subsidiary REIC of Fourlis Group, is preparing its listing to the Athens Stock Exchange that is currently in matured stage aiming at a public offering within the first half of 2023 -pending on market conditions.

GEK TERNA transfers its share interests in subsidiaries to its related entity HERON II VIOTIAS

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23.11.2022

GEK TERNA S.A. and TERNA ENERGY S.A., in the context of the continuous optimization of their organizational structure and in accordance with article 100 of Law 4548/2018 announced the transfer of its share interest in TERNA ENERGY TRADING LTD' to its related firm "HERON II VIOTIAS SA".

BoG:Travel receipts soar 78.3% in January-September 2022

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23.11.2022

Based on Bank of Greece's provisional data, the balance of travel services in September 2022 showed a surplus of €2,669.4 million, up from a surplus of €1,983.0 million in September 2021.

The spin off of Intracom's real estate arm was approved

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23.11.2022

"INTRACOM HOLDINGS COMPANY" announced the approval of a spin off agreement. According to the agreement the real estate arm of the firm will be spun off and there will be established a new entity.

Noval Property acquires two land plots Marousi

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23.11.2022

Noval Property announces the acquisition of two plots of land in Marousi.

Transaction volumes for prime European offices soar €19Β in third quarter of 2022

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22.11.2022

Transaction volumes in Belgium, Ireland, Italy and Spain recorded three-digit rise in the third quarter of 2022 according to Savills data.

The Hellenic Competition Commission has approved to Motor Oil's deal with Ellaktor

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22.11.2022

The Hellenic Competition Committee unanimously approved, with the no. 799/2022 decision and according to Article 8 paragraph 3 of Law 3959/2011, the acquisition of exclusive control by the company with the name "MOTOR OIL RENEWABLE ENERGY MONOPROSSOPI S.A.", a 100% subsidiary company of "MOTOR OIL (GREECE) KORINTH REFINERIES S.A.", on the activity of renewable energy sources which is currently under the exclusive control of the company with the name "ELLAKTOR S.A."

Updates for off-plan small land plots building permissions

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22.11.2022

A relevant legislation is expected to be submitted shortly in the Greek parliament according to which there will be specific conditions to secure that land fields will be able to be built by derogation after the deadline of December 9, 2022 that is valid to date.

Green hydrogen production was inaugurated in Linde's Greek facilities

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22.11.2022

Linde, the world's largest industrial gases company, said on Tuesday it has started producing green hydrogen at its facilities in Greece.

A new skyscraper in Dubai designed to top New York’s Central Park Tower

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22.11.2022

A new skyscraper is on its way to transform Dubai’s skyline with an intricate crown adorned with diamond-like spires.

The Greek council of State's ultimatum for the Cocomat's hotel based in Acropolis

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21.11.2022

The Council of Ministers has given three months time to the Municipality of Athens in order to revoke the building permit of the hotel at 5, Falirou Street. The property should be classified as arbitrary and pending demolition of its last two floors and the roof of the hotel. The Municipality will be responsible for the demolition according to information that published by "KATHIMERINI" newspaper.

The tender for HPPC's Overground Bus Station in Thessaloniki was extended

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21.11.2022

Due to the intense interest, HPPC announced the extension of the deadline for submission of interest in the Electronic Open Bidding Tender (e-auction), through the electronic platform www.epublicrealestate.gr, for the lease of the Overground Bus Station in the center of Thessaloniki (Q 5389).

An open air mixed use area is under construction in Mati

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21.11.2022

Reconstruction works in the NAT area -the largest green, sports and recreation park in Eastern Attica- has been initiated.

The Papafi Metro Station of the Thessaloniki will be accessible to the public next week

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21.11.2022

The Papafi Metro Station of the Thessaloniki opens to the public next weekend, in the context of the "OPEN HOUSE THESSALONIKI 2022".

Greek enterprises turnover jumps 42,8% in 3Q2022

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17.11.2022

The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of enterprises in all sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for September and 3rd Quarter 2022.