"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"
Real estate investors are looking forward to a more positive 2024, with recovery predicted across key parts of the global property market.
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, according to two research institutes. The downward trend comes on the heels of a more than decadelong boom.
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, 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 will be effective in the Center of Athens due to works from 07:00 to 15:30 daily apart from Sundays.
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.
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 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 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, the UK’s largest provider of student accommodation, has begun the construction phase of its new £185m property in Stratford, London.
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 according to Eurostat data, from 2.9% in November.
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.