Trastor secures overdraft facility up to €40M with Piraeus Bank

|

31.10.2024

Trastor announced the approval of execution of an Overdraft Facility Agreement through an Open (Mutual) Account (hereinafter the “Overdraft Facility Agreement”), with Piraeus Bank.

ANDROMEDA Investment Trust new shares issuance price set at €6,37

|

31.10.2024

ANDROMEDA Investment Trust S.A. announced the following with respect to the issue price of the new shares to be issued as a result of the re-investment of the dividend from previous year’s profits with a corresponding share capital increase:

The weighted average interest rate on new loans down to 5.61%

|

31.10.2024

In September 2024, the weighted average interest rate on new deposits remained unchanged at 0.54%, while the corresponding rate on new loans decreased to 5.61%.

Two new members join Attica department stores Board

|

31.10.2024

Attica department stores, a member company of IDEAL Holdings, joins two new members with international experience to the Board of Directors.

8 people out of 10 are likely to engage in a RE transactions in the next decade

|

31.10.2024

Almost eight out ten people asked are likely to engage in a real estate property transactions (buy, sell or rent) in the next five years.

Greek unemployment at 9.3% in September 2024

|

31.10.2024

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for September 2024.

REITs on their cheapest point relative to equities over the past 20 years

|

31.10.2024

Given recent underperformance and the evolving macroeconomic and capital markets environment, REITs may be at an inflection point. Current valuations are attractive due to past underperformance, operating fundamentals remain resilient and with recent interest rate cuts in Canada and Europe, as well as anticipated cuts in the U.S., the environment is becoming increasingly favorable for REIT investments and the prospect for higher asset values.

AADE central offices in a Premia Properties's modern "green" complex

|

30.10.2024

In the presence of Prime Minister Kyriakos Mitsotakis, the inauguration of the new model building complex which will house the Central Services of AADE was recently held.

METLEN inaugurates solar park in Italy for Saint-Gobain

|

30.10.2024

METLEN Energy & Metals has successfully completed the construction of a solar park in Vidalengo, in the province of Bergamo, Italy, on behalf of Saint-Gobain, a global leader in sustainable construction.

Atenor sells Lakeside project in Warsaw

|

30.10.2024

Atenor has announced the signing of an agreement with an international investor for the sale of the Lakeside project in Warsaw.

The Hellenic Land Registry declares posting phase for the cadastre in Achaia region

|

30.10.2024

The Hellenic Land Registry informs the owners of real estate in areas of the Achaia Regional Unit of the Region of Western Greece that on Tuesday, October 29, 2024, the Posting of cadastral tables and diagrams will begin.

Prodea offloads c.€600M of real estate assets to Intrakat

|

30.10.2024

INTRAKAT declared it has reached a binding agreement for the acquisition of a Prodea's portfolio comprising 56 properties valued at c.€582 million and scattered in Greece, Italy, Cyprus and Bulgaria. The company has also unveiled a radical corporate transformation and rebranded into "AKTOR Group of Companies" during special event, attended by hundreds of market executives.

Mitsis group launches €80M investment in Rhodes

|

30.10.2024

Mitsis Group's renovation of the historic Mitsis Grand Hotel in Rhodes has begun, an €80 million investment that marks the group's largest development project on the island.

The first road infrastructure investment in the Strogyli island of Megistis complex

|

29.10.2024

Strongyli, one of the islands of the Megisti complex, is the easternmost part of the Greek territory.

Two urban regeneration projects in Serres and Litochoro

|

29.10.2024

Two renovation projects in two urban hubs of Central Macedonia will be implemented after the signing of the relevant decisions by the Regional Governor Apostolos Tzitzikostas.