Phuket villa launches hit record as Russians snap up properties

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05.09.2024

Thailand’s resort island of Phuket set a record for villa launches in the first half, driven by rich Russians seeking holiday homes, according to property consultant Colliers Thailand.

Empira Group acquires Berlin portfolio

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03.09.2024

Empira Group has successfully completed the acquisition of six multi-family buildings as well as residential and commercial properties in the Neukolln, Kreuzberg and Wedding districts of Berlin.

Kri-Kri expanding to the US market

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03.09.2024

Kri-Kri is expanding its activities in the USA, starting from the supermarkets of Texas, with Greek Frozen Yogurt as a vehicle.

Strategic investments of €170 mln on green development

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03.09.2024

Strategic and emblematic private investments on green development and the creation of jobs, amounting to 170 million euros, will be financed by the Development Ministry over the next two months, Development Minister Takis Theodorikakos said.

An agreement in principle on the Greece-Cyprus underwater electrical interconnection

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03.09.2024

An agreement in principle, which may lead to the implementation of the Greece-Cyprus-Israel underwater electrical interconnection, was reached during consultations between the competent Greek and Cypriot authorities, according to IPTO (Independent Power Transmission Operator) sources.

Private student housing is the new market trend

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03.09.2024

The city with the highest recorded rental prices for standard, old, student apartments is Athens, while Komotini, on the other hand, has the lowest prices according to the Geoaxis Observatory.

Two Important ISO Certifications for METLEN

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03.09.2024

METLEN Energy and Metals has received two important certifications from the independent body TUV Nord for ISO standards 37002 and 37008, which cover every aspect of the company’s activities.

Travel industry to contribute record $11 trillion to global GDP in 2024

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03.09.2024

A record $1 out of every $10 spent globally in 2024 will be on travel as people briskly book hotels, cruises and flights, according to an annual report by the World Travel and Tourism Council, a non-profit membership organization.

EYDAP president on measures to relieve pressure on Attica water supply system

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02.09.2024

The Athens Water Supply and Sewerage Company (EYDAP) is on alert, in collaboration with the Greek state, for the management of water shortages, the president of the board Giorgos Stergiou told Athens-Macedonian News Agency.

Sainsbury’s to buy 10 Homebase stores for €152m

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02.09.2024

Sainsbury’s, which also owns Argos and Habitat, plans to invest c. €152m in buying 10 stores from Homebase and converting them into big supermarkets in the retailer’s biggest expansion in more than a decade.

Finland wants to ban Russians from buying property in country

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02.09.2024

The Finnish government wants to ban Russians from buying property in Finland, the Nordic country’s Defense Minister Antti Hakkanen said on Monday.

Blackstone Is Said to Near $13 Billion Deal to Acquire AirTrunk

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02.09.2024

Blackstone Inc. is nearing a deal to acquire Australian data center operator AirTrunk for more than A$20 billion ($13.5 billion) including debt, people familiar with the matter said, in what could be one of the largest digital infrastructure deals this year.

Steel Industry Leaders have high hopes for revival in 2025

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02.09.2024

American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the lackluster demand and low prices that have hobbled the industry in 2024.