Lamda Development sales Cecil office building

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28.12.2023

LAMDA DEVELOPMENT S.A. announces that it signed on 22.12.2023 a preliminary notarial deed with the company KONTIAS Single Member S.A. for the sale of the office building Cecil (total gross leasable area of c6,000 sqm).

World’s single largest offshore wind farm, the 2.9 GW Hornsea 3

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21.12.2023

Ørsted has taken the final investment decision (FID) on what the company says is the world’s single largest offshore wind farm, the 2.9 GW Hornsea 3, which is expected to be completed around the end of 2027.

European logistic sector still remarkably undersupplied

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21.12.2023

Logistics take-up is slow but steady, according to JLL, while upward pressure on base rents continues as the supply of suitable space remains tight.

Hellenic Cables powers New York’s first offshore wind farm

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20.12.2023

Hellenic Cables, the cables segment of Cenergy Holdings, announced a significant milestone for the US offshore wind industry.

Lamda Development sold its stake in R Energy 1 Holding

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20.12.2023

LAMDA DEVELOPMENT S.A. , in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that its 100% subsidiary, LAMDA ENERGY INVESTMENTS S.M.S.A., completed today the sale and transfer to G. ROKAS HOLDINGS S.M.S.A. of:

Rents for Greek commercial properties increased in first half of 2023

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20.12.2023

According to provisional data by the Bank of Greece, in the first half of 2023 nominal prime office prices for the entire country increased by 2.8%, compared with the second half of 2022. Over the same period, nominal prime office prices increased by 1.8% in the greater Athens area, subsided by 0.4% in Thessaloniki and increased by 4.9% in the rest of Greece.

Development works for the construction of the "IRC" in The Ellinikon

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19.12.2023

The development of the tourist complex with a casino in the great regeneration of Hellinikon is in the final stretch.

Wolt to launch new support hub in the city of Thessaloniki

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19.12.2023

Wolt to launch new support hub in the city of Thessaloniki, consolidating its presence with new offices, increasing human resources, creating new jobs and further expanding the network of cooperating stores.

Environmental Impact study for the construction of the new Loudia bridge was granted approval

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19.12.2023

The Development and Innovation Committee of the Region of Central Macedonia has approved the Environmental Impact study and the licensing for the construction of the new Loudia bridge, while the project's tender is expected to be announced soon.

Hellenic Police revealed fraudulent scheme operating in the Greek real estate market

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19.12.2023

The Hellenic Police, and in particular the Sub-Directorate for the Protection of Property Rights, Cultural Heritage and Environment, investigated a criminal fraud against a company, under the pretext of transacting valuable property located in Elliniko suburb of Attica.

How much a holiday home costs in three popular European destinations

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19.12.2023

There are three European countries that are “perennial favorites” for people to buy a vacation home, according to Kate Everett-Allen, a CNBC's partner at real estate firm Knight Frank.

Meliá Hotels International observed consistent upward trend in Greek tourism industry

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18.12.2023

Crete and Rhodes seem to continue to dominate the markets of Germany, France, the United Kingdom, Poland and Scandinavia in 2023, here already from the beginning of the year the forecasts were particularly positive with pre-bookings from Germany for example to double in relation to 2022.

Bank of Greece: the nominal value of loans to the domestic private sector increased 25M in third quarter of 2023

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18.12.2023

In the third quarter of 2023, the nominal value of loans to the domestic private sector serviced by domestic CSFs that have been transferred to non-resident specialised financial institutions increased by €25 million.

Trastor acquires Italgas' Greek premises in “POLITEIA BUSINESS CENTER”

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18.12.2023

Trastor acquires the offices in Politia Business Center at 109-111 Mesogeion Avenue.

Lamda Development increases stake in Lamda Malls to 95,44%

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18.12.2023

Lamda Development's subsidiary company, "Lamda Malls" completes share capital increase.