The integration of technology in commercial real estate, through Proptech solutions, is transforming the way properties are developed, marketed, managed, and utilized.

The office sector has been hit globally in 2023 as the return to the office could be faster, and most companies use the hybrid work model. Moreover, increased construction costs and high inflation do not favor the office market. Rising interest rates have been a drag on new construction projects, raising the cost of buying and refinancing real estate.

"TECHNICAL OLYMPIC S.A." informed the investors that on March 4, 2024 it acquired 100% of the company's company shares under the name "ENERESCO 1 SINGLE MEMBER PRIVATE CAPITAL COMPANY" and the distinctive title "ENERESCO 1 SINGLE MEMBER P.C." for a consideration of €384,000.

Istanbul-based private equity firm BLG Capital has finalised its sale of the Aman-branded Amanruya hotel, situated in a secluded location close to the Turkish coastal beach resort city of Bodrum.

Passenger traffic at Athens International Airport "Eleftherios Venizelos" rose by 18.4% in February, with 1.5 million passengers served.

Clarion Partners Europe has bolstered its presence in the Netherlands with a strategic acquisition of a logistics warehouse in Helmond for €49.7 million, marking a significant addition to their Dutch portfolio.

NOVAL has announced profits for the year 2023 that amounts to €64.6 million. Their investment property portfolio has also increased to €582.6 million, showing an increase of €84.8 million compared to the same period last year. Additionally, NOVAL is currently working on a major development program which spans across 94,000 square meters.

In the volatile environment of the last 15 years, telecom operators are still struggling with the unsolvable technology deficit.

Real I.S. has purchased an office property, with a total rental area of c, 6,657m2 in Munich’s Haidhausen quarter for its specialised institutional alternative investment fund (AIF) invested in German assets.

According to the Bank of Greece' provisional data, apartment prices (in nominal terms) are estimated to have increased on average by 11.8% year-on-year in the fourth quarter of 2023.

MYTILINEOS has successfully completed the first fire and commissioning of the 2nd gas turbine of Tobruk Project, powering the Libyan grid with another 171MW.

In 2022, RICS established a Leaders' Forum, convening a key group of its members across continental Europe to assess ESG's impact on valuation. The creation of this new group comes as a response to an environmental report that found around half of valuation professionals believe that green and sustainable properties provide a price and rent premium over buildings designed without ESG requirements.

The Hellenic Statistical Authority (ELSTAT) announced the Turnover and Volume Indices in Retail Trade with base year 2015=100.0 for December 2023, the evolution of which, according to provisional and reduced data to a typical month, is as follows:

Barclays PLC (“Barclays”) and Blackstone Credit & Insurance announced that Barclays Bank Delaware has entered into an agreement with insurance accounts managed by Blackstone’s Asset Based Finance group, to sell approximately US$1.1 billion of currently outstanding credit card receivables in relation to a defined set of Barclays-branded credit card accounts in the United States of America.

Noval Property, pursuant to Hellenic Capital Market Commission’s decision no. 8/259/19-12-2002, as amended and currently in force, published the company’s Investment Schedule dated 31st December 2023.