The American startup Praxis, backed by investors from Silicon Valley, is considering Athens as a potential location for the development of its first city, where residents will focus on advancing innovative technologies in the fields of artificial intelligence, biotechnology, energy, cryptocurrencies, and advanced manufacturing.

The newly enacted legislative framework introduces wide-ranging reforms to the operation of Real Estate Investment Companies (REICs), aiming to enhance transparency, efficiency, and regulatory oversight across the sector. Approved by the Hellenic Parliament, the new framework marks a significant step toward strengthening corporate governance and fostering sustainable growth within the Greek real estate investment market.

Abu Dhabi Future Energy Company PJSC – Masdar, a leader in clean energy in the United Arab Emirates and one of the fastest-growing renewable energy companies globally, announced that it now holds 100% of TERNA ENERGY S.A., following the successful completion of the mandatory public offer and the process of acquiring the remaining 30% of the share capital, at a price of €20 per share.

The Property Owners' Federation (ΠΟΜΙΔΑ) requested, in a letter to the Minister of Climate Crisis and Civil Protection, Mr. Giannis Kefalogiannis, that the impossible not be demanded from landowners. The Federation characterized as unfeasible both the tight monthly deadline for cleaning and submitting declarations on the platform akatharista.gov.gr, which should be the three-month period from April to June each year, and the obligation for landowners, in addition to cleaning, to also manage the removal of biomass, something that only municipalities have the means and capability to implement.

Unibail-Rodamco-Westfield has officially opened the retail section of Westfield Hamburg-Überseequartier, marking a significant milestone in the transformation of the waterfront area of Hamburg's HafenCity.

DEH announced the addition of a new 360 kW ultrafast charger at the DEH blue Hub in the Patras Commercial Park, Top Parks, which houses IKEA.

According to DESFA’s data for the first quarter of 2025, domestic natural gas consumption recorded a significant increase compared to the same period last year, once again highlighting the pivotal role of natural gas in the country’s energy transition. It facilitates the secure integration of renewable energy sources (RES) and strengthens the export-oriented nature of the system in a flexible and reliable manner.

The Grimaldi Group has signed an agreement with the Chinese shipyards China Merchants Jinling Shipyard (Weihai) for the construction of nine Ro-Pax vessels, two of which will fly the Greek flag and be operated under the Minoan Lines brand.

The project has received the green light for the environmental terms and restrictions for the installation and operation of a photovoltaic (PV) power station with a total capacity of 8.04 MW, equipped with an energy storage system, located at "KOUTSOURO" in the municipality of Orchomenos, in the Prefecture of Boeotia, Central Greece.

The construction sector in the euro area continues to face significant pressures, remaining in a state of recession for another month. Despite the slight recovery in the Construction Activity Index (PMI) of Hamburg Commercial Bank (HCOB), the data shows that the long-awaited exit from stagnation is still distant.

The management of Premia Properties is considering a capital increase of between €30 million and €40 million in the first half of 2025, with the aim of funding new investments.

Mortgage rates reached new highs in over a month this week, reversing their recent improvement.

During the Annual General Meeting of shareholders, the Governor of the Bank of Greece, Giannis Stournaras, addressed the uncertainty and risks stemming from the global economic environment, particularly following the announcement of high tariffs by the U.S. government. Mr. Stournaras emphasized the potential indirect effects on the Greek economy, noting that a broader slowdown in global trade could reduce demand for Greek products and services, thereby limiting growth prospects.

The 'Reciprocal Recycling' installation was removed from the Degleris estate a few days ago, following its sealing by the Mayor of Nea Smyrni, Giorgos Koutelakis.

The creation of an underground parking facility with a capacity of 360 spaces, located next to the city's ΗΣΑΠ station, is progressing. This project is of vital importance for the city of Nea Ionia, which has remained on the drawing board for decades.