As COP29 unfolds in Baku, global attention is being paid to the urgent need to decarbonize cities and reform urban development practices. Real estate plays a critical role, intersecting both urbanization trends and the management of individual buildings. With the European Union emphasizing green infrastructure and resilient urban planning, this summit highlights strategies to reduce emissions, promote sustainability, and address climate resilience challenges.

The Consumer Prices Index, including owner-occupier housing costs (CPIH), rose by 3.2% in the 12 months to October in UK, up from 2.6% in September.

Clarifications have been issued regarding the valuation of plots both within and outside the objective value system, as well as expropriable real estate, particularly those subject to special condition factors (such as non-buildable, blind, or reserved properties). Additional guidance is provided for properties in 'gray zones,' including underground spaces, semi-basements, and lofts, as well as for the consideration of property age. These clarifications, which have significant implications for real estate valuation, are outlined in a decision by the Ministry of Finance, published in the Official Gazette.

Hines has strengthened its position in the logistics sector with the acquisition of the Onyx portfolio in France on behalf of the HEPP (Hines European Property Partners) fund from SEGRO, on behalf of SELP (SEGRO European Logistics Partnership).

MSC Cruises has inaugurated its inaugural winter cruise season in Greece, marking the company’s first year-round operations in the country.

The preparation of a study has commenced for the critical bridge linking the municipalities of Athens and Nea Philadelphia - Nea Chalkidona, which has been identified as a high-risk area during heavy rainfall.

BriQ Properties REIC announced that on Friday 15/11/2024, the Extraordinary General Meetings of the companies to be merged approved the merger of the Company by absorption of "INTERCONTINENTAL INTERNATIONAL REAL ESTATE INVESTMENT SOCIETE ANONYME".

AFI Microfinance SA (Action Finance Initiative Microfinance Foundation SA) further strengthens its partnership with Eurobank, underscoring the bank’s commitment to microcredit as a cornerstone of its Corporate Social Responsibility (CSR) strategy. This collaboration plays a pivotal role in advancing the sustainable development of an inclusive economy, with a focus on improving the socio-economic conditions of vulnerable communities and fostering financial inclusion.

Airbnb, in collaboration with Paramount Pictures, is offering 16 lucky guests an exclusive after-dark experience inside the iconic Colosseum in Rome.

The real estate company NP3 has in three transactions acquired six properties primarily for industrial and commercial purposes.

Banks demonstrated a robust profitability trajectory in the first nine months of 2024, prompting management teams to revise their profitability forecasts for the full year 2024 upwards.

Another significant development in Intrum's restructuring process occurred in the United States with the voluntary filing for Chapter 11 bankruptcy protection.

The Board of Directors of Ellaktor has granted approval for the issuance of a bond loan of up to €65 million for its subsidiary, REDS S.A..

The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of enterprises in all sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for September and 3 rd quarter 2024.

The strategic partnership between Prosperty and the Hellenic Land Registry was officially announced under the auspices of the Ministry of Digital Governance, with the National Documentation Center serving as the implementing body.