Sarantopoulos Mills proceed with the divestment of a property in Kaminia

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09.12.2024

Sarantopoulos Mills has resolved to proceed with the divestment of a property located in Kaminia, comprising a total land area of 4,644 square meters and a built-up area of 8,271 square meters.

URW acquires a 38.9% stake in URW Germany GmbH

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09.12.2024

Unibail-Rodamco-Westfield (“URW”) announced that it has acquired a 38.9% stake in URW Germany GmbH and its related entities (together “URWG”) from its joint venture partner Canada Pension Plan Investment Board.

The agreement for the acquisition of 50% of the share capital of Elpedison B.V.

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09.12.2024

HelleniQ Energy Reveals Terms of Agreement for Elpedison.

Construction Progress of the E65 Motorway at 66.35%

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09.12.2024

The E65 motorway, currently under construction by TERNA, spans a total length of 182.1 kilometers and is considered one of the most significant national infrastructure projects. The project has an estimated total budget of approximately €1.4 billion.

Metlen declares flagship bauxite exploration project in Ghana

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09.12.2024

METLEN's Energy & Metals investment in Ghana for bauxite exploration and exploitation receives significant support from the European Union's Global Gateway as it is included in the list of flagship projects for 2025.

Greek exports decrease in October 2024

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06.12.2024

According to provisional data released on December 6, 2024, by the Hellenic Statistical Authority and processed by SEVE's IEES, a decline in exports was observed in October 2024.

Detailed shareholding structure of Premia Properties' agreement for Village

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06.12.2024

In a recent announcement, Premia Properties has provided clarifications to the Capital Market Commission regarding the agreement for the Village Shopping & More shopping center located in Renti, Attica.

New ministry of tourism regulation establishes framework for short-term rentals

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06.12.2024

The new bill introduced by the Ministry of Tourism has been put up for public consultation, continuing the Ministry's previous legislative initiatives, specifically Law 5061/2023 and Law 5121/2024.

Where Greeks and foreigners are searching to buy land

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06.12.2024

Spitogatos recently published a comprehensive report analyzing user search activity related to land acquisitions on its platform. The report offers a comparative analysis of search trends for 2024, alongside data from 2023 and 2022, highlighting several surprising and noteworthy developments in the real estate market.

The Worst Global Housing Affordability Crisis in a Decade

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05.12.2024

The aftermath of the pandemic has sparked the worst housing affordability crisis in over a decade, according to new IMF research. Rising house prices, higher mortgage rates, and stagnant incomes have significantly worsened affordability, making housing costs more burdensome than during the 2007–2008 financial crisis.

Cadastral registration process completed for the Land Registry in Trikala

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05.12.2024

Four new Kallikratian municipalities—the Municipality of Meteora, the Municipality of Pyli, the Municipality of Trikaia, and the Municipality of Farkadonos, all located within the Thessaly region—have been incorporated into the operation of the Land Registry following the completion of the cadastral registration process (Government Gazette_6606_B_3.12.2024).

Passenger traffic at Athens Airport ip 13,3% in November 2024

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05.12.2024

Passenger traffic at Athens Airport in November 2024 reached 2.15 million, reflecting a 13.3% increase compared to the same month last year.

Significant added value for refurbished residential properties in Athens

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05.12.2024

Residential renovations across most areas of Athens are proving to be a strategic investment, offering significant added value.

Luxury resort and private residences at Hinitsa Bay by Four Seasons

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05.12.2024

Four Seasons, in partnership with Hinitsa Bay Holdings, is pleased to announce plans to enhance and develop a prime beachfront property situated on Hinitsa Beach in Porto Heli. The development will be transformed into a luxury resort complemented by exclusive private residences.

Transforming Obsolescence into Opportunity: The Next Frontier in Real Estate

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05.12.2024

As urban landscapes evolve, the real estate sector faces a pivotal challenge: addressing the growing obsolescence of its assets. The recent JLL report, Opportunity Through Obsolescence, frames this issue not only as a hurdle but also as a critical opportunity to redefine value through sustainability, adaptation, and innovation. With increasing regulatory pressures and shifting tenant demands, the time for bold transformation has arrived.