Glencar delivers 14 industrial units for Chancerygate

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12.09.2024

Glencar has completed construction of 14 new industrial units for Chancerygate at the Dagenham Logistics Hub development in Dagenham, London.

The concession agreement was inked for exploitation Attica Motorway

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12.09.2024

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the singing of the concession agreement for the financing, operation, maintenance and exploitation of Attica Motorway for a period of 25 years, between the Greek State, the Fund, the concession company NEA ATTIKI ODOS S.A. and GEK TERNA S.A., which in September 2023 in the tender carried out by HRADF was declared Preferred Investor with an offer of 3,27 billion euros.

Job vacancies increased 58,8% in the second quarter of 2024

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12.09.2024

The number of job vacancies in the 2nd quarter 2024 recorded an increase of 58.8% in comparison with the 2nd quarter 2023 (58,941 and 37,107 respectively), whereas the corresponding number of job vacancies in the 2nd quarter 2023 had recorded an increase of 36.2% in comparison with the 2nd quarter 2022.

UNDP uses 3D printers for a construction project in Colombia

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12.09.2024

The United Nations Development Program (UNDP) is working with WASP to assist in the construction of sustainable buildings in Colombia. UNDP has acquired a Crane WASP and is using local materials like soil and agricultural waste to build in hard-to-reach areas. Known as the Infinity 3D printer, the Crane WASP is designed for versatility and mobility, making it suitable for remote locations.

Real Estate Acquisition and Leasing Agency in Greece: Rent calculation and buy back opportunity

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12.09.2024

The ministerial decision regulating the latest developments with regards to the Real Estate Acquisition and Leasing Agency in Greece in order to submit the binding offers and complete the tender processwas published in the Official Gazette.

Lone Star Funds raises €2.4M for real estate focused fund

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11.09.2024

Lone Star Funds announced the final close of its latest commercial real estate fund, Lone Star Real Estate Fund VII, L.P. (“LSREF VII”).

Intense interest for the Nea Karvali-Toxotes railway project tender

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11.09.2024

There were five financial offers submitted in the ERGOSE tender for the project of the new railway line in the Nea Karvali - Toxotes section, with an auction budget of €193.2 million.

Greek government launches scheme for the preservation of public onwed properties

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11.09.2024

The invitation of the Preservation of Public Sector Buildings Program has been published for interventions in classified as preserved public buildings owned, owned and used by Central Government Public Bodies and/or monuments or historical buildings within historical places and traditional settlements.

Increase in production and profits for Energean in the first half of 2024

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11.09.2024

Record production to date in the period, with Group production in June 2024 averaging 177 kboed (84% gas), including 140 kboed (86% gas) from the continuing operations, reflecting the step-up in demand during the summer in Israel. • Group production during H1 2024 was 146 kboed (82% gas), a 38% increase year-on-year (H1 2023: 106 kboed)

ECB is expected to further cut key interest rate on its September 2024 meeting

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11.09.2024

The European Central Bank (ECB) is expected to cut its key interest rate by 0.25% on Thursday, according to the majority of economists both in Greece and in the rest of the Eurozone.

BoG: Apartment prices' annual rate of change in Greece fell in 2Q2024

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11.09.2024

According to provisional data from the Bank of Greece, apartment prices (in nominal terms) are estimated to have increased on average by 9.2% year-on-year in the second quarter of 2024.

How much gas unit capacity does Greece need

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10.09.2024

Correspondingly, in Greece, the ESEK under review sets ambitious targets for the acceleration of RES, as well as for new electricity storage infrastructures. This means that the role of gas plants in power generation will steadily shrink, following the downward trajectory of lignite.

Numbers of building permits and approvals in Thessaloniki available online

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10.09.2024

The municipality of Thessaloniki terminates the bureaucratic hassle of finding building permit numbers and approvals by making available to the public electronically the relevant acts issued from 1990 until today.

CPI in Greece in August records a 3% increase

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10.09.2024

The CPI in August 2024 compared with August 2023, increased by 3.0%. In August 2023, the annual rate of change of the CPI was 2.7%.

Industrial Production Index in July 2024 up 10.6%

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10.09.2024

The Overall Industrial Production Index in July 2024 recorded an increase of 10.6% compared with July 2023.