Fidelity Investments Canada ULC (Fidelity) announced that it has entered into an agreement with Brookfield Asset Management (Brookfield), whereby Brookfield will invest in, and manage a newly formed portfolio of high quality Canadian real estate assets on behalf of Fidelity.

The project to restart the long-suffering Student Housing of Zografou University of Technology (FEZ) continues with decisive steps, after the approval of the funding of 523,180.80 euros from the Region of Attica for the selection of Consultants (Legal, Technical and Financial), the who will launch, together with the NTUA, the tender process for the selection and selection of the contractor who will undertake the study, renovation and maintenance of the emblematic building.

As with the wider property market, the prime residential market saw a continued slowdown in activity in the first half of 2023. Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023, compared to growth of 0.8% in H2 2022.

Construction works on site are estimated to begin in 2023, with the resort scheduled to open its doors in May 2025.

For a while, the city looked in trouble. The Covid-19 pandemic hit large and densely populated metropolitan areas more dramatically than it did quieter, sparser locations.

Average annual prices rose 1.5% across the 46 markets covered by the Knight Frank Prime Global Cities Index in the 12-month period to June.

Engineers in Australia have found a way of making stronger concrete with roasted used-coffee grounds, to give the drink-additive a “double shot” at life and reduce waste going to landfills.

The Hywind Tampen wind farm was opened today by Crown Prince Haakon of Norway.

Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years.

Mortgage rates soared to the highest level since November 2000, crushing affordability for potential homebuyers.

The Dutch Ellactor's stakeholder and major shareholder of Alpha Bank, Henry Holterman, now owns the historic hotel of Corfu, Corfu Palace. According to information, the price amounted to €30 million.

The minutes concerning the approval of the changes between the schemes participating in the 2nd Phase of the Tender for the Concession Contract of the section of the Northern Road axis of Crete (VOAK) from Chania to Heraklion were issued by the competent committee.

BriQ Properties SA announced that its investment portfolio on 30.06.2023 included 26 properties with a total area of 148 thousand sq.m. and fair value €142 million, which consists of logistics (49%), hotels (21%), offices (27%) and other properties (3%).

Hellenic Seaplanes becomes the first airline to bring seaplanes back to the Greek airwaves.

Noval Property announced the sale of a residential asset of a surface of 87.71 sqm, on a plot of land of 500.40 sqm, located in the area of “Trigono or Gefyri” of the Mandra Eidyllias Municipality of the Regional Unit of West Attika in the Attica Prefecture.