Studio Moren won the extension project for the Holiday Inn Express Southwark hotel in London.

A luxurious 5* hotel, condos and branded residences will be included in the new 150 m skyscraper of ELLINIKON PARK TOWER in the Business Center neighborhood of Vouliagmenis Avenue.

The European Central Bank's Annual Report on supervisory activities 2023 unveiled that €52 billion (3.67%) of CRE loans were classified as non-performing loans (NPLs) in the second quarter of 2023.

Logistics market in Greece had recorded an impressive growth over the last years, due to the increasing demand observed and the geostrategic position of the country.

In the fourth quarter of 2023 the hourly labour costs rose by 3.4% in the euro area and by 4.0% in the EU, compared with the same quarter of the previous accroding to Eurostat, the statistical office of the European Union.

The Ministry of Environment and Energy issued a clarifying announcement regarding the suspension of building permits.

Positive development for the development of an EV production unit in the Patras area by TECHNICAL OLYMPIC S.A.

RAEWW decided to grant an Electricity Supply License to Revoil.

Four new boutique hotels join the portfolio of Mayor Hospitality Management.

During the signing ceremony, the Minister of Infrastructure and Transport, Christos Staikouras, referred to the actions of the Ministry of Infrastructure and Transport, in order to advance the implementation procedures for the reconstruction of the coastal road of Agios Konstantinos and the construction of a level roundabout at the eastern entrance of Kameni Vourla contract of the project, today, in Agios Konstantinos Fthiotidas.

The second semester of the year Greek economy recorded quite promising activity, with tourism being a solid & continuous improved sector. The last months of 2023, Greek economy and EU in general shows a stable GDP & employment growth. Greek regional real estate markets have also recorded improved performance.

Signs for the current tourism period are optimistic for Greece, as reflected in the largest international tourism exhibition, ITB 2024 in Berlin, which this year attracted over 100,000 visitors and 5,500 exhibitors from 170 countries.

The construction of Microsoft’s first Data Center in the wider area of the Eastern Attica Regional Unit from RENCO in collaboration with TERNA S.A. is about to begin, following the relevant tender.

During 2023, investment interest in new-build offices and new projects fueled the pipeline for future growth.

Private label products (Private Label-PL) are preferred, according to relevant research, by Greek consumers as long as accuracy in basic products on supermarket shelves persists.