The European Central Bank raises rates by 25bps
The European Central Bank on Thursday announced a new rate increase of 25 basis points, bringing its main rate to 3.75%
Aviva partners Via Agora for a BTR resi scheme in Madrid
Aviva Investors purchased a 234-unit residential development in Spain from developer Via Agora, as it continues to grow its Spanish build-to-rent (BTR) platform in partnership with Layetana Living (La ...
Deka Immobilien acquires five logistic assets for €560M
Deka Immobilien has secured a 50% stake in a logistics portfolio in Germany with a total value of c. €1.12 billion.
IMF: Global growth will slow to 3% this year inflation is projected to 6.8%
The global economy continues to gradually recover from the pandemic and Russia’s invasion of Ukraine. In the near term, the signs of progress are undeniable.
After a decade of study and development the Federal Reserve launched FedNow
After a decade of study and development, the Federal Reserve launched FedNow, a system that could eventually mean businesses and consumers have near instant access to payments (including paychecks) an ...
The risk of recession is now overshadowing China’s real estate market
China is changing its tone on the struggling real estate sector, paving the way for policy support.
S&P Case-Shiller: US home prices in May rose for the fourth straight month
Home prices in May rose for the fourth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening.
Construction Costs up 4.5% in Q2 2023
The Price Index of Work Categories in Construction of New Residential Buildings in the 2 nd quarter 2023 compared with the 2 nd quarter 2022 recorded an increase of 4.5%. The previous year the corresp ...
The balance of travel services posted a surplus of €1,538.9 million in May 2023
Based on provisional data from the Bank of Greece, the balance of travel services in May 2023 showed a surplus of €1,538.9 million, up from a surplus of €1,204.0 million in May 2022.
An airplane-shaped tiny home built from the Woods’ in the Woods
For a few months now, Lujzi Pados has been able to live her dream. A few months ago she asked for a little house in which she could spend time with her friends and the Hungarian architectural office H ...
GJVS INVESTMENTS, a strong alliance vehicle for investments in tourism industry
Stavros Mitsis of Mitsis Hotels, Ioannis Michos main shareholder of Epsilon Net, Viktoras Matsas co-founder of WebHotelier and now owner of Aquerdo Software and Yiannis Giannatos owner of Panadvert In ...
Southern Europe recorded the largest annual decrease in total investment volume in Q2 2023
Preliminary results suggest that the total investment volume for the second quarter of the year will be around €33bn, the lowest Q2 since 2010 and will represent a 57% drop compared to the same period ...
June home sales drop to the slowest pace in 14 years in the USA
Sales of pre-owned homes dropped 3.3% in June compared with May, running at a seasonally adjusted annualized rate of 4.16 million units, according to the National Association of Realtors.
Aristotle University’s property is being converted into a boutique hotel
The property owned by the AUTH, at 2 Taskou Papageorgiou Street, will operate as a boutique hotel-type short-term rental space.
TITAN Cement Group launches Venture Capital initiative with investments in Zacua Ventures and Rondo Energy
TITAN Group announces the launch of a Venture Capital initiative aimed at fostering innovation within the construction ecosystem. Through this initiative, TITAN aims to invest up to $40 million in the ...