Housing and construction the big winners of increasing capital investments

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31.03.2025

The "Quarterly Report, March 2025" by the Hellenic Parliament’s Budget Office highlights that the Greek economy is maintaining its positive momentum, with the fourth quarter of 2024 achieving the highest growth rate since the second quarter of 2023.

A 2.5% increase in retail turnover was recorded in January

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31.03.2025

The General Turnover Index in the retail sector for January 2025, compared to the corresponding index of January 2024, showed an increase of 2.5%, and compared to the corresponding index of December 2024, it decreased by 18.4%.

Clearing and Cleaning of Land in the Municipality of Palaio Faliro

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31.03.2025

The Municipality of Palaio Faliro informs property owners about the obligation to clear and clean plots of land.

New records for Lamda Development's shopping malls

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31.03.2025

Lamda Development's shopping centers have set new records, with their performance reflected in the impressive annual financial results for 2024, recently announced by the company.

AXIA Ventures Group joins Alpha Bank

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31.03.2025

With the aim of creating the leading Investment Banking company in Greece and Cyprus, Alpha Services and Holdings S.A., the 100% parent company of Alpha Bank S.A., has reached an agreement with the founders and other key shareholders of AXIA Ventures Group Ltd ("AXIA") regarding the key commercial and legal terms for the acquisition of the entire (or at least 95%) existing share capital of AXIA.

Contract has been inked for the student dormitories in Crete

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31.03.2025

The AKTOR Group and the University of Crete have signed the Public-Private Partnership (PPP) Agreement for the major project of constructing and operating the Crete student dormitories, with a budget of €255 million.

Office rental prices on the rise, newly built properties see rent doubled

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31.03.2025

Office rental prices in Attica are on an upward trajectory, with investor interest focusing on green and sustainable buildings. Additionally, there is an increased demand for adaptability and flexibility in workspaces.

The first section of the Patras-Pyrgos highway to be delivered in July

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31.03.2025

The Patras-Pyrgos highway is one of the most significant infrastructure projects in Western Greece, designed to enhance road safety and significantly reduce travel time between the two cities. Once completed, the journey between Athens and Pyrgos will take approximately 2 hours and 45 minutes.

Mapping of peripheral road axes to facilitate land planning for plots

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31.03.2025

The Technical Chamber of Greece (TEE) has published the tenders for the "Preparation of the Study for Documenting the Existing Road Network of the Country, by Municipal Unit (MU), in twenty-two areas outside the urban planning zones of cities, outside the boundaries of settlements that were legally existing before 1923, and settlements with a population of fewer than 2,000 inhabitants."

Energy upgrade of SNFCC buildings included in the ESF program

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27.03.2025

The energy upgrade of the building infrastructure of the Stavros Niarchos Foundation Cultural Center (SNFCC) is included in the ESF program 'Environment and Climate Change 2021-2027,' with a total public expenditure of €4,033,900, according to a decision by the Deputy Minister of National Economy and Finance, Nikos Papathanasis.

Lamda Development sets new profit record for its shopping centers, €1.1B in cash from The Ellinikon

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27.03.2025

Lamda Development achieved a new historic record in Retail EBITDA (4 operating shopping centers) before valuations, reaching €88 million for 2024, marking a 9% increase compared to 2023. This growth was mainly driven by the increase in base rents (up 8% compared to 2023) and the rise in parking revenues (up 14% compared to 2023).

Rechargeable battery from nuclear waste

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27.03.2025

The Japanese Atomic Energy Agency has developed the world's first rechargeable battery based on uranium.

497 beneficiaries of the Kinoumai Ilektrika II program are being subsidized

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27.03.2025

Today, Thursday, March 27, 2025, the amount of €3,640,127.71 will be credited to the accounts of 497 beneficiaries of the 'Kinoumai Ilektrika II' program with the 25th approval decision.

New investment by the HERACLES Group in the ready-mix concrete sector

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27.03.2025

The HERACLES Group is proceeding with a new investment in the ready-mix concrete sector, strengthening its presence in Northern Greece.

Municipality of Athens upgrades local playgrounds

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27.03.2025

By decision of the Deputy Minister of National Economy and Finance, Nikos Papathanasis, the funding for the upgrading of six playgrounds and the creation of two new ones in the Municipality of Athens, amounting to 1,100,000 euros, is included in the Development Program of Public Investments.