Clarion Partners Europe Re-enters UK Warehouse Market with £52 Million Double Acquisition

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28.03.2023

Clarion Partners Europe (Clarion), the real estate investment fund manager specialising in logistics and industrial assets, has acquired two modern, institutional quality distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million, from Equites Property Fund. The investments represent the first by Clarion Partners Europe in the UK since 2016, a market where it has historically had a significant allocation.

Lamda announced deals exceeding 20% of Riviera Galleria's GLA

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28.03.2023

With great success and with more than 150 entrepreneurs who are already cooperating or are in negotiations for the commercial destinations of Elliniko, an event of Lamda Development was held a few days ago for the emblematic project of Elliniko.

Fattal acquires a Zeus International's hotel brand

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28.03.2023

The 4* hotel Principe di Lazise Wellness & Spa, Fattal bought from Bain Capital for €25 million (€197,000 per room) according to information from the consulting company HVS

The two coming years shall be critical for establishing Greece on the map of luxury real estate

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28.03.2023

During the first months of 2023 the global luxury real estate market has moved on the trajectory that has been prescribed since the middle of the previous year.

The CRE market faces headwinds that could hobble small banks

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28.03.2023

Small U.S. lenders that have outsized exposure to office loans could become the next group to face strains after bank failures roiled financial markets this month, according to analysts.

Three different speeds of growth in the Greek office market

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27.03.2023

Market rents for offices in the first quarter of 2023 are on the rise, but clearly more moderate, compared to a year ago, for typical, middle-aged properties, on main road axes and in the center of Athens.

The cadastral charts from the Mortgage Offices are online effective today

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27.03.2023

As of today the issuance and granting of extracts from the cadastral charts (AKD) from the books kept in the Rented Mortgage Registries that operate as Cadastre Offices, will available to interested parties.

Family businesses globally have enjoyed double-digit growth in 2022

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27.03.2023

The notion of how to build trust in business is changing—fundamentally and rapidly. For everyone—including customers and employees—issues like environmental, social and governance (ESG) and diversity, equity and inclusion (DEI) have become litmus tests for trustworthiness.

NTUA students visited the wires of Milos sight

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27.03.2023

The educational visit to Milos, which was organized by the School of Architecture and Engineering of the National Technical University of Athens, has ended.

Lebanon to construct new terminal at Beirut airport

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27.03.2023

Lebanon will construct a $122 million terminal at Beirut’s Rafik Hariri International Airport to be operated by a leading Irish airport company when it’s completed in four years, officials said Monday.

Ortega’s coffers with ever-increasing flows challenged by reinvestments

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27.03.2023

Spanish billionaire Amancio Ortega has a problem most of the world’s super-rich don’t.

The Ministry of Finance is revising upwards the growth rate of the Greek economy

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27.03.2023

The Ministry of Finance is revising upwards the growth rate of the Greek economy for 2023 to 2.3% from 1.8% of the budget forecast.

Project Tethys hotel portfolio of 72 units disposed off

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24.03.2023

Intrum Hellas announced the sale of a portfolio of 72 hotel units with a legal claim of €254 million (Project Tethys) to the consortium SMERemediumCap / Latonia Enterprises Company Limited – Athanasios Laskaridis family office / WHG Europe Limited – Brown Hotels portfolio.

Skanska builds apartments in Helsinki, Finland

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24.03.2023

Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland. The contract is worth EUR 50M, about SEK 560M, which will be included in the Nordic order bookings for the first quarter of 2023.

Riviera's landplot in Kifissos is up on market with 20% discount

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24.03.2023

With a new 20% reduced price will hit the market the unique property of the Riviera Real Estate and Construction Company in Kifissos in Athens, next to the Sepolia metro station.