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Aquila Capital's Southern European Logistics Fund (ACSEL) has acquired a cutting-edge logistics facility in Gandra, situated in the Porto region of northern Portugal.
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Great Portland Estates plc has announced the acquisition of the special purpose company holding the long leasehold interest of Whittington House, WC1 for a total consideration of £58.5 million (£785 per sq ft on current NIA), subject to further balance sheet adjustment post completion.
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The proposed Special Town Planning (STP) for Mykonos, along with its alternative scenarios, was presented at a formal ceremony by the Ministry of Environment.
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Mevaco inks contract for the production and supply of fixed metal PV Park bases.
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The CPI in October 2024 compared with October 2023, increased by 2.4%. In October 2023, the annual rate of change of the CPI was 3.4%.
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Cenergy Holdings announced that Hellenic Cables, its cable division, has been awarded by ADMIE (Independent Electricity Transmission Operator) a contract for the design, supply and installation of 150kV XLPE underground and submarine cables.
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Valued at c.$13 trillion, construction is one of the largest industries in the global economy. However, despite technological improvements by individual companies, labor productivity growth in the industry has lagged for decades.
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Banks in the euro region have about €1.3 trillion ($1.4 billion) in outstanding loans to commercial real estate investors and credit quality is “visibly deteriorating,” European Central Bank researchers found in a study of the links between CRE and the financial system.
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Fixed capital investment had a much larger contribution to economic activity boding well for productivity while the improvement in households’ disposable income and higher saving rate revealed improved household fundamentals.
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Subsidies, tax breaks, but also new fees and heavy fines are comprised in the draft law of the Ministry of National Economy and Finance, that was submitted for public consultation.
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Intralot seeking for an $200 million investment in the USA, after participating in an international tender for the provision of central information system services and infrastructure equipment for the State Lottery of the State of Ohio, USA.
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The REIC announced the Noval Property CEO Panagiotis Kapetanakos' resignation yesterday.
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Trastor REIC announced the completion of the acquisition of the LABS Tower in Cyprus.
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Debit and credit card usage is observed at record levels, while at the same time an increasing number of merchants are using payment cards on a daily basis, even for small value purchases.
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The economic climate worsened in Greece in October, with the index, according to the Foundation for Economic & Industrial Research (IOBE) data, at 107.0 points after the significant increase recorded at 110.2 points last month.