What changes for the Greek Golden Visa program

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05.04.2024

A new law significantly amends the conditions for granting a Golden Visa. The Ministry of National Economy and Finance proposed the law to incorporate the Directive (EU) 2022/2523 of the Council, which aims to ensure a global minimum level of taxation for multinational business groups and large-scale domestic groups in the European Union (Pillar II), along with other customs and tax provisions.

The Cypriot group Thanos Hotels and Resorts is expanding into Greece

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04.04.2024

Leading Cyprus group Thanos Hotels and Resorts announced on Wednesday it is entering the Greek luxury hospitality market with a three-year investment plan aimed at opening 10 new hotels.

MYTILINEOS signs 2nd CCGT project in Poland

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04.04.2024

MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (MYTILINEOS) in Consortium with Siemens Energy Global GmbH & Co. KG and Siemens Energy sp. z o.o. (SIEMENS ENERGY), has undertaken the construction of a 560 MW CCGT power unit with associated infrastructure at the Adamów Power Plant in the area of Turek in Poland.

Commercial real estate in Milan was transacted for €1.3 billion by the Gucci group

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04.04.2024

Gucci owner Kering buys Milan building for €1.3bn in Europe’s biggest property deal since 2022.

What does 2024 brings in a transforming global real estate industry

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04.04.2024

Berkshire Hathaway HomeServices at its global exhibition "2024 Real Estate" unveiled the new trends and needs arising in a changing real estate market, while offering real estate advice.

Hotel transactions sealed during 2023

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04.04.2024

High inflation and consequential rises in interest rates had major impacts on investment markets throughout 2023, including slowed hotel transaction activity in Europe. Reaching €10.7 billion overall , total volume was 19% lower than in 2022, which represented the second lowest level of investment in the last decade. There were 6% fewer transactions than in 2022, indicating that the average price per room was also down in 2023.

Inflation in Turkey approached 70%

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03.04.2024

Turkey's inflation rose for a fifth consecutive month, approaching 70% despite a series of aggressive interest rate hikes.

At €167.5 million, the value of Dimand's properties. The outlook for 2024

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03.04.2024

The Group posted in 2023 a strong operating performance with the Group’s EBITDA increasing by 170% from €7.1mn in 2022 to €19.2mn in 2023

The Council of State (StE) rejected the appeal filed by the Vinci - Mytilineos consortium

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03.04.2024

The Council of State (StE) rejected the appeal filed by the Vinci - Mytilineos consortium for the Attica Road concession tender.

HELLENiQ ENERGY' Scholarships for master's degrees in Greece and abroad

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03.04.2024

For the twelfth year, HELLENiQ ENERGY rewards, within the framework of the "Proud of Youth" corporate responsibility program, up to thirty excellent final students and University graduates who wish to continue their studies in prestigious Greek and international university institutions, with the acquisition of a master's degree.

Dividend distribution and portfolio increase to €212 million announced by BriQ

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03.04.2024

BriQ Properties declares €3.7 million dividend distribution for the year 2023, as announced by the management of REIC during the video conference of market analysts.

Lamda Development sold a 469 sqm landplot in the Ellinikon

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02.04.2024

Lamda Development announced the sale of a landplot for €15.2 million in cash.

MYTILINEOS and KARATZIS sign a 210MW green PPA

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02.04.2024

MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (MYTILINEOS) and KARATZIS SA signed a 210MW long-term Power Purchase Agreement (PPA) for the green energy produced from a 262 MW solar portfolio.

G. Perdikaris (TERNA): Social welfare is at the heart of all our projects

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02.04.2024

"The renaissance of the construction industry is inextricably linked to the prosperity of our country."

UK House Prices Decline for the First Time in 3Months

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02.04.2024

UK house prices fell for the first time in three months, suggesting the market may be stagnating due to high mortgage rates and strained affordability.