Grivalia Hospitality unveils new €280M investment in Megalonisos

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05.01.2023

Grivalia Hospitality unveils new €280 million investment in Megalonisos, the largest island of the Petalia complex with a total area of 11,290,616 sq.m. which are located in the southern Euboea, and which are characterized as the Greek Malvidas.

Tough times ahead for real estate investors

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04.01.2023

Tangible assets such as real estate could, among other things, be used as an inflation hedge and play an important role in particular "green buildings" could offer long-term possibilities.

Mortgage applications to purchase a home in the US at the lowest level since 1996

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04.01.2023

After a brief reprieve in the first half of December, mortgage interest rates shot up again to end the year, weighing on mortgage demand.

Grivalia Hospitality's new investment project to develop a flagship luxury hotel

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04.01.2023

A new investment is being launched by Grivalia Hospitality to develop a flagship luxury hospitality, leisure and wellness project that will promote sustainable development, green energy and the principles of sustainable tourism.

Regional authorities of Attica declares new project for the school premises' energy upgrade in the area

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04.01.2023

Energy upgrade projects in 21 schools of five municipalities - Ag. Paraskevi, Glyfada, Kropia, Metamorfosi and Korydallos - under the authority of the Building Infrastructures (Ktyp S.A.) were launched with the signing of the acts of their inclusion in the Operational Program "Attica 2014-2020" by the regional governor Giorgos Patoulis.

Demire disposes off logistics property in Leipzig

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04.01.2023

DEMIRE Deutsche Mittelstand Real Estate AG sold the LogPark logistics property in Leipzig, held by its majority subsidiary, to a German institutional investor for around €121 million.

Manhattan apartment sales plunge in the last quarter of 2022

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04.01.2023

Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears.

Even Santa’s fictional house is going up in price

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04.01.2023

Zillow said Kris Kringle’s 3-bedroom, 2-bathroom North Pole property is now worth $1,154,137 — an increase of 12% over the past year.

West Rethymnon Settlements connection study with BOAK is being tendered

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04.01.2023

A study for the connection of the West Rethymnon Settlements with BOAK is being tendered by the Rethymno Regional Unit.

The major urban regeneration project in Eleonas

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02.01.2023

The renovation of the old industrial facilities of Biochalko in Eleonas is progressing rapidly, a Project developed by Noval Property REIC.

Canada bans some foreigners from purchasing properties in the country

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02.01.2023

A new Canadian law took effect January 1 that essentially bans foreign buyers from buying residential properties as investments for two years.

Chinese home prices enhance losses in December

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02.01.2023

China’s home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising Covid-19 cases despite a slew of support measures.

UK home prices set to plummet by 30%

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02.01.2023

This year could see homeowners lose a chunk of their property's value with prices set to plummet by 30%, according to experts who say the slump will take the market back a year.

1,456 Road Traffic Code violations were confirmed only in Crete

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02.01.2023

There were 1,456 Road Traffic Code violations, confirmed from December 25 to 31 in Crete.

Conditions in Greek manufacturing sector were further deteriorated in December

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02.01.2023

Greek manufacturing sector deteriorated sharply in December as demand conditions worsened and production was further decreased.