The Extraordinary General Assembly of GEK TERNA's shareholders has just approved Terna Energy's sale to Masdar.

Evangelos Mytilineos, Chairman & CEO of METLEN Energy & Metals, has been re-elected as President of Eurometaux, Europe’s Association for the Non-Ferrous Metals industry, at its General Assembly.

According to a recently unveiled Geoaxis report an impressive increase in potential sale prices of apartments in five main areas of Attica has again been recorded.

This week we are excited to feature Prof. Dr. Sven Bienert, MRICS REV, in an exclusive interview following his insightful contribution at the RICS Built Environment European Summit 2024, where RE+D Magazine proudly served as a media partner. Prof. Bienert, a leader in sustainable real estate, heads the IRE|BS Competence Center of Sustainable Real Estate at the University of Regensburg. With a vast career in top real estate roles and as a key voice in several industry associations, his insights on non-financial disclosure and valuations offer an expert view of the future of real estate.

One company - ATESE - out of the four that had initially expressed interest, submitted a bid claiming the construction of the eight school complexes in Chania.

Investment turnover in commercial real estate is forecast to reach €690 billion by the end of 2024, a size increased by 7% compared to 2023, according to Savills.

HPPC's tender to appoint a project management office for its real estate portfoli utilisation has been completed. McKinsey undertook the coordination of the mapping, evaluation and valuation of 36,000 properties project.

The signal given to the economy and especially to businesses and households by the announcement of the European Central Bank (ECB) for a new reduction in interest rates is positive.

Public Power Corporation S.A. announced that it intends to issue and offer (the “Offering”) €500.0 million aggregate principal amount of unsecured senior notes due 2031 (the “Notes”), subject to market conditions and demand.

Within the next two weeks, the preliminary studies for the "Pyrgos - Kalo Nero - Tsakona" road axis project will be submitted by the concessionaire, while three different scenarios for the excavation, in the area of ​​Kaifa Lake, where there are significant environmental restrictions, are being considered.

China’s central bank stands ready to further cut the amount of cash that commercial banks must hold as reserve for the remainder of the year as it dials up policy changes and implementation to boost the economy after third quarter growth slowed further.

The European Bank for Reconstruction and Development (EBRD), alongside MidEuropa and other investors, is supporting, with an equity investment of €24 million, the acquisition in Greece of Famar, a leading pharmaceutical contract development and manufacturing organisation (CDMO).

There is a significant increase of 5.6% in house rental prices across the board in 2024 relative to 2023, that reflects the wider recent trend observed in the Greek property market.

Construction industry has enjoed significant benefits from the use of artificial intelligence.

A small increase of 3% was recorded in retail trade turnover in August this year raching at €3.72 billion from €3.61 billion in the same month a year ago.