BlackRock has announced the signing of a definitive agreement to acquire HPS Investment Partners for approximately $12 billion.
A significant project aimed at improving accessibility for people with disabilities in Central Greece was recently approved and signed by Regional Governor Fanis Spanos.
Alternative Income REIT PLC announced that has completed the acquisition of the Champneys Beauty School, part of the Champneys Tring Spa Resort in Wigginton, Tring for £2.5 million (net of acquisition costs to the Company).
Growthfund announced that its Board of Directors has evaluated and accepted the offer submitted as part of the tender process for the 40-year concession of the rights to administer, manage, operate, develop, expand, maintain, and exploit Kalamata International Airport “Captain Vassilis Konstantakopoulos.”
A two-month extension, now set for January 31, 2025, was requested and granted to GEK TERNA, the provisional contractor for the main section of the VOAK (Chania-Heraklion), through a decision by the Ministry of Infrastructure and Transport. This extension is to facilitate the completion of the finalization of the contractual documentation.
EDGNEX Data Centers by DAMAC and PPC Group have announced the launch of Data In Scale (DIS), a joint venture (DAMAC 55% - PPC 45%) focused on developing a state-of-the-art data center in Spata, Greece.
Seven new areas of the Kallikratiko Municipality of Volos have been integrated into the operation of the Land Registry as of Monday, December 2, 2024, following the successful completion of the cadastral registration process. This development is officially recorded in the Government Gazette (6575/Β/2.12.2024).
PREMIA Properties has announced the acquisition of the Village Shopping & More retail center, located in Renti, Attica, for a total consideration of €14.1 million. The transaction was executed through its subsidiary, Renti to Go.
According to the "Real Estate Market Barometer" presented by businessman Ilias Papageorgiadis at the "Greece 2025" event in Athens, 88% of citizens consider the housing issue to be a "fairly big or very big problem." This highlights the widespread concern over the ongoing housing crisis in Greece.
Prodea Investments is preparing to sell a series of assets currently leased to the Sklavenitis supermarket chain.
The Karatzis Group has announced the acquisition of the 'Knossos Royal' hotel complex from Aldemar, a company owned by the Angelopoulos family.
The Tae Kwon Do building and Nero Square are expected to be granted to the Region of Attica for the next 40 years by the Regional Development Authority, as was recently announced by Regional Governor Nikos Hardalias.
Anticipating the launch of the 'My Home 2' program, Spitogatos Insights offers a comprehensive analysis of price trends and the supply of homes for sale that align with the criteria established in the recent program announcements.
Global construction output is forecasted to grow by 1.6% in 2024, a significant slowdown from 4.1% in 2023, driven by challenging macroeconomic factors such as inflation and geopolitical uncertainties, which are expected to impact advanced economies more severely than emerging markets.
Premia Properties has formally announced its decision to undertake a share capital increase of €10.37 million, which will be entirely subscribed by NLTG HH Greece.