Eurozone inflation dropped to 1.8 per cent last month, dipping below the European Central Bank’s target for the first time in three years and bolstering expectations of an interest rate cut at its next meeting.

The seasonally adjusted unemployment rate in August 2024 amounted to 9.5% compared to the upwards revised 11.4% in August 2023 and to 9.9% in July 2024.

S&P Global's seasonally adjusted Purchasing Managers' Index™ (PMI) for the Greek manufacturing sector closed at 50.3 in September, down from 52.9 in August, indicating a slight recovery in the health of the Greek manufacturing sector.

Vogiatzoglou Systems acquired an industrial property on a plot of 58,314 sq.m. that used to house the factory of the "Cardico" Brothers Kardasilari.

In the first half of 2024, EYDAP increased its turnover, stabilized its operating expenses and consequently improved all its efficiency indicators.

The annual growth rate of total credit extended to the domestic economy stood at 3.8% in August 2024, almost unchanged from the previous month.

The long-awaited tender for the technical consultant who will undertake the reorganization of the three companies (OSE, ERGOSE, GAIAOSE) into the new entity "Railways of Greece SA" has been announced by the Ministry of Infrastructure and Transport.

DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong.

ECE Real Estate Partners is expanding its investment activities and has raised further circa EUR 100 million of capital for its ECE Progressive Income Growth Fund that invests in high quality shopping centres in Europe and holds a portfolio of seven centres with a total market value of more than EUR 2.2 billion.

Εnergy class is emerging as an increasingly important factor for the real estate market.

Through thirteen editions spanning 25 years, JLL and LaSalle’s Transparency Index has become established as the industry’s most widely used benchmark for assessing market transparency and is an essential guide for cross-border investors, lenders, developers and occupiers of real estate – as well as government and industry bodies looking for international benchmarks.

The Greek retail trade is still on upward trend recording a 6.6% increase in turnover of the sector's businesses in the month of July to €4.25 billion compared to €3.99 billion in July 2023.

LAMDA Development S.A. (the “Company”), in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that further to the Board of Directors’ relevant decision on 12.09.2024, the Sustainable Development Committee’s (“Committee”) Rules of Procedure have been amended.

The activities of Brown Hotels in Greece and Israel are moving to Israel Canada according to an announcement by the Israeli real estate company last Friday