Piraeus Bank is acquiring Ethniki Insurance from CVC Capital Partners

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13.03.2025

Piraeus Bank has entered into a Share Purchase Agreement to acquire 90.01% of the parent company of Ethniki Insurance from CVC Capital Partners Fund VII.

Nvidia has established a subsidiary in Greece

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13.03.2025

Nvidia Greece, a subsidiary of the American technology giant, has been officially registered with the Greek General Commercial Registry (ΓΕΜΗ), with a share capital of €500,000.

The implementation of the Zoning Plan for Mati is now underway

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13.03.2025

The approved Zoning Plan for Mati is now in the implementation phase across the 5 Urban Units that are currently outside the urban plan: Agia Marina and Mati in the Municipality of Marathon, and Kokkino Limanaki, Skoufeika, and Pefkona in the Municipality of Rafina-Pikermi.

Fraport: Investments of €200M for the upgrade of 4 airports

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13.03.2025

In 2024, passenger traffic at the 14 regional airports in the country managed by Fraport Greece reached 36 million people.

The "Wembley of the North" will result in 17,000 residential units

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13.03.2025

Manchester United has announced the construction of its new stadium, definitively rejecting the proposal to proceed with the redevelopment of the renowned "Old Trafford."

Launch of mega project for valuation and optimization of 36,000 properties

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13.03.2025

The ambitious project to document, categorize, assess, and develop 36,000 properties from the portfolio of the Hellenic Public Properties Company's (HPPC) subsidiary is moving forward with the involvement of nine corporate entities.

Investment turnover in the office sector increased in 2024

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12.03.2025

The investment turnover in the office sector increased by over 7% globally in 2024, from $164 billion to $176 billion, according to Savills. The total global investment turnover in commercial real estate last year reached $828 billion, representing an almost 8% increase compared to 2023.

Wells Fargo sues JPMorgan over CRE loan

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12.03.2025

Wells Fargo sued JPMorgan Chase, accusing the country’s biggest bank of failing to conduct due diligence on a $481 million commercial real estate loan.

Sunlight Group supports the Democritus University of Thrace

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12.03.2025

Sunlight Group contributes to environmental protection through the use of cutting-edge and innovative technology, supporting Democritus University of Thrace and the pioneering DUTHSat-2 program for the development of a nanosatellite aimed at detecting marine pollution.

The AVAX placement was oversubscribed by 1.2 times

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12.03.2025

On Tuesday, March 11, 2025, AVAX conducted a share placement to both Greek and international institutional investors, involving entities controlled by major shareholders of the company, as well as individual investors.

Exports climbed to €4 billion in January 2025

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12.03.2025

Greek exports surged to €4 billion in January 2025, marking a 2.2% increase compared to January 2024.

The FAIS Group is nearing its listing on the Athens Stock Exchange

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12.03.2025

With the primary goal of raising capital to fund its growth objectives, the FAIS Group is moving forward with its entry into the Athens Stock Exchange.

Geopolitical developments and the real estate market

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12.03.2025

"I don’t have a crystal ball to predict what Trump will do, but I believe he will largely follow through on what he has said. The real question is how Europe will respond, as we have dealt with tariffs in the past."

The second phase of the TEPIX III Loan Fund has been successfully concluded

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11.03.2025

The second phase of the TEPIX III Loan Fund has been successfully completed, supporting Small and Medium Enterprises (SMEs) by providing financing of approximately €280 million under highly favorable terms.

Desalination units and projects to address water scarcity on the islands

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11.03.2025

With the signing of the decision and the issuance of the relevant call for key projects and interventions aimed at addressing water scarcity, Minister of Environment and Energy Theodoros Skylakakis is further enhancing efforts to resolve water resource management issues on the islands. These vital projects are being expedited, particularly in anticipation of the upcoming tourist season.