Rents in prime residential areas increased in the first half of 2023
Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a new research report by real estate services company Savills.
Strong investment interest from firms in the hotel sector for the Bodosakis Mansion
Intense investment inrest from companies mainly from the hotel sector from Greece and abroad, in the first phase of the tender for the long-term lease of one of the most important buildings in Athens. ...
Techniki Olympiaki finalises deal with Intrum
The portfolio of 186 properties of "Project Arrow" is being gradually transferred to Techniki Olympiaki
Turnover for enterprises in F&B Services up 7.6% in May 2023
The Hellenic Statistical Authority (ELSTAT) with a sectoral publication, presents the map with the evolution of the turnover of μenterprises classified in the Accommodation and Food and Beverage Servi ...
Overall Turnover Index in Industry down 13.7% in May
The Hellenic Statistical Authority announces the Turnover Index in Industry with base year 2015=100.0 for May 2023, the evolution of which on the basis of provisional data, is as follows:
Two big investors set foot in the so called “Athenian Riviera” beachfront
Athens Beach Club S.A. investment company and Tanweer Alliances, a film and television distribution company, have been both declared successful bidders in the tender to develop and reform the beachfro ...
Construction producer prices increased by 2.2 % in Europe in 4Q2022
In the first quarter of 2023, industrial producer prices fell by 2.2% compared with the last quarter of 2022. During the same period, construction producer prices increased by 2.2 % while services pro ...
British inflation rate fell to 7.9% in June
Inflation in the U.K. remains the most severe of all major economies and is still well above the Bank of England’s 2% target. But data Wednesday showed the rate fell to 7.9% in June on an annual basis ...
World record HVDC subsea cables contract was awarded to Nexans
In a historic day, EuroAsia Interconnector has awarded Nexans, a leader in the design and manufacturing of cable systems and services, the submarine cable contract valued at €1.43 billion for the sect ...
US homebuilder sentiment index up in July, but builders issue warning on higher mortgage rates
Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Affordable housing of high priority in the European elections agenda
For the first time in 13 years, housing ministers met in 2022 at an informal EU ministerial meeting on housing in Nice. The result confirmed that we have entered an era of renewed public action on hou ...
Crisis-hit Chinese property giant Evergrande report $81B loss
Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn).
German real estate industry is sending out an “SOS”
German Chancellor Olaf Scholz took office with a promise to tackle the country's housing shortage by building 400,000 homes each year.
What have Europeans requested from Mytilineos
The EU has urgently called on aluminum and zinc companies, including Mytilineos, to look into the possibility of producing base metals for semiconductors, after China announced plans to limit exports ...
Six bids filled for the new Attica Road concession contract
Six bids were submitted in the tender process regarding the award of a service concession contract for the financing, operation, maintenance and exploitation of the Attica Road for a period of 25 year ...