HRADF inks deal for a restoration in OAKA

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04.11.2024

The €5.5 million contract was signed for the restoration of the two entrances of the Athens Olympic Sports Center (OAKA).

The Intralot on a new state project in Canada

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04.11.2024

The Intralot undertakes a new project in Canada.

The maintenance works on the Rio - Antirio Bridge have been completed

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01.11.2024

As part of the visual monitoring and maintenance program of the main bridge's four piers, the 2024 campaign of underwater and marine inspections that began immediately after the annual inspection work by Alpinists was completed.

Stuart Roden's share in Orilina fell to 1.8%

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01.11.2024

Orilina REIC announced changes in its shareholding.

Piraeus Bank reports improved financial figures for the nine months to September 2024

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01.11.2024

Historically high adjusted net profits of €932 million have been announced by Piraeus Bank for the nine months of the current fiscal year, which correspond to €0.72 earnings per share, leading to an update of the target for earnings per share above €0.90 in 2024.

Greek PMI records a modest improve in October 2024

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01.11.2024

The seasonally adjusted Purchasing Managers' Index of S&P Global for the manufacturing sector in Greece (Purchasing Managers' Index - PMI) closed in October at 51.2 points, higher than the 50.3 points in September.

Adjustments in the regulatory framework of the Greek Airbnb market

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01.11.2024

The new institutional framework with the specifications that must be met by the properties available through short-term lease was presented to the cabinet by the Minister of Tourism Mrs. Olga Kefalogianni.

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

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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

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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%

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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

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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

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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

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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

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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

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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.