The mayor of Barcelona has vowed to abolish short-term holiday lets in the Spanish city.

Wyndham Hotel & Resorts and the business group Oikos Property Developments inked a cooperation agreement for launching the first Ramada Residences by Wyndham in Greece.

The Municipality of Lamia and the Municipality of Levadea of ​​the Region of Central Greece, were compritse in the Land Registry, after the completion of the land registration process.

Alimos Marina enters the final licensing phase as the Joint Ministerial Decision was signed by the Ministries of Environment - Energy and Tourism regarding the long-awaited second approval of the location and environmental conditions.

With the Federal Reserve making no clear commitment to when an interest rate cut may come, homebuilders are scaling back.

Uni Systems expands presence in Greece and abroad as part of the implementation process of its strategic plan.

Two new projects to improve road safety in Fthiotida were financed and auctioned by the Region of Central Greece with a total budget of €1,800,000.

Alpha bank establishes a new company to which Alpha Leasing's serviced contracts will be transferred along with their related real estate collaterals.

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has reached a definitive agreement with GEK TERNA SA (GEKTERNA.AT) and other shareholders of TERNA ENERGY SA (TENERGY.AT), with the intention to acquire initially 67% of the company’s outstanding shares at completion of the transaction, subject to regulatory approvals and other conditions.

Energean plc (is pleased to announce that it has entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners (“Carlyle”) for an enterprise value (“EV”) of up to $945 million, of which $820 million is firm (the “Transaction”).

In April 2024, the current account deficit increased year-on-year, mainly due to a deterioration in the balance of goods and, to a lesser extent, in the secondary income account, while the balance of services and the primary income account improved slightly.

The historical building that used to house the Hilton Athens for more than half a century is being rebranded in "THE ILISIAN". The unit will reopen under Hilton's Conrad and Waldorf Astoria brands.

The primary surplus of the Greek government budget was recorded at €1.6 billion in the five months of January - May on a cash basis, compared to €2.9 billion in the corresponding period last year.

The increase of foreign investors' demand for a country house in Greece and in regions such as southern Crete, Western Greece and the Ionian Islands, has resulted in a rapid increase of private building activity in the those areas.

LAMDA DEVELOPMENT S.A. announced that the 100% subsidiary company LAMDA RIVIERA S.M.S.A. completed the process for commissioning the construction of the commercial destination Riviera Galleria to the construction company METKA ATE, a 100% subsidiary of Metlen Energy & Metals (formerly MYTILINEOS).