Innovators are transforming our relationship with the built environment

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12.01.2024

"USD 5 trillion of commercial real estate and USD 16 trillion of residential real estate faced stranded asset risk worldwide due to energy efficiency regulations"

Global real estate investment picks for 2024

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11.01.2024

Real estate investors are looking forward to a more positive 2024, with recovery predicted across key parts of the global property market.

Homeownership has resulted in a net wealth increase for Eurozone households

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11.01.2024

The European Central Bank (ECB) has published experimental statistics on Distributional Wealth Accounts (DWA) to provide quarterly and timely household distributional information that is consistent with the national accounts.

Germany's building industry is in crisis

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10.01.2024

Germany's building industry is in crisis, according to two research institutes. The downward trend comes on the heels of a more than decadelong boom.

Mega deal between Prodea and Zeus International

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10.01.2024

Zeus International has announced the acquisition of the Dolce Milan Malpensa hotels in Milan and the Lazart Hotel Trademark Collection by Wyndham in Thessaloniki by Prodea REIC, as well as a five-story property in Athens, where the Group's headquarters are currently housed.

The Disabled Building Complex in The Ellinikon was declared project of the year 2023

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10.01.2024

The Disabled Building Complex in The Ellinikon was declared project of the year 2023, the first project delivered in the fall of 2023 by LAMDA Development, in the context of the largest urban regeneration in Europe currently underway.

Traffic restrictions in the Athenian city center till March, 2024

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10.01.2024

Traffic restrictions will be effective in the Center of Athens due to works from 07:00 to 15:30 daily apart from Sundays.

Mytilineos reaches financial close on Chilean PV portfolio

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10.01.2024

MYTILINEOS Energy & Metals has reached financial close with lenders BNP Paribas, Intesa San Paolo, Sumitomo Mitsubishi Banking Corporation, Rabobank and Santander Chile, on a 588 MWp non-recourse solar portfolio.

Greek construction sector faces a significant shortfall of manpower, big projects at risk

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09.01.2024

It seems that one of the so-called "steam engines" of the Greek economy, the construction-infrastructure industry, has run out of "coal" recently because according to market participants faces serious workforce shortages that reach up to 200,000 people.

INTRACOM acquires Koufonisia based hotel

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08.01.2024

Intracom acquired a 71.31% stake in the company "Afoi Simou", which has a privately owned hotel unit in Koufonisia, through an intra-group transaction.

Brookfield acquires ATC India for $2.5B

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05.01.2024

Brookfield Asset Management will buy American Tower Corp's loss-making Indian operations for $2.5 billion, it said Friday, becoming the country's largest operator of telecom towers amid booming demand for data and wider use of 5G services.

Unite Students begins construction on new £185m student development in London

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05.01.2024

Unite Students, the UK’s largest provider of student accommodation, has begun the construction phase of its new £185m property in Stratford, London.

Average interest rate spreadon new deposits and loans up 4bps in November

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05.01.2024

Interest rates on new deposits and new loans increased to 0.50% and 6.25% respectively, according to the Bank of Greece.

Inflation in Greece was 3.7% in December

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05.01.2024

Inflation in Greece was 3.7% in December according to Eurostat data, from 2.9% in November.

Cofinimmo divests two office buildings in Mechelen, Belgium

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04.01.2024

Cofinimmo Offices SA/NV, a wholly-owned subsidiary of Cofinimmo (Euronext Brussels: COFB), signed the notarial deed relating to the granting of a 99-year leasehold right on the office buildings located Stationsstraat 100, 102-108 and 120 in Mechelen (province of Antwerp), the sixth largest city in Flanders with almost 90,000 inhabitants.