Hoteliers remain optimistic about the upcoming season

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26.05.2025

In 2025, Greek tourism can achieve a performance of around 3%-5% (in line with the estimated trend of global tourism), continuing the upward trajectory of recent years, despite the temporary "freeze" caused by the seismic activity in the Cyclades in February.

POMIDA letter on the extension of the €16,000 tax exemption

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26.05.2025

POMIDA requested in a letter to the political leadership of the Ministry of Environment and Energy (YPETHO) and the Ministry of Development and Investment (YPAN) the implementation of spousal tax credit offsetting, faster tax refunds, an increase in the percentage of goods purchases, and the explicit inclusion of expenses related to the renovation of elevators in old apartment buildings and accessibility improvements for persons with disabilities (PWD) among the eligible expenses in the announced legislative extension of the €16,000 tax exemption for each of the years 2025 and 2026.

The return of the Greek diaspora is reshaping the real estate landscape

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26.05.2025

A quiet but dynamic trend is emerging as more and more Greeks abroad are investing once again in their homeland.

Crete is now plugged into the power network

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26.05.2025

The operation of the Attica-Crete electric interconnection, transmitting direct current electricity, successfully commenced on Saturday, May 24.

Banking’s future lies in digital transformation

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26.05.2025

Financial institutions are increasingly focusing on digital services, at a time when fully digital credit institutions are emerging—entities that operate without any physical branch network and conduct all their transactions online.

How long is the upward trend in construction costs projected to persist

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26.05.2025

A slight deceleration in the rate of construction cost increases was observed in 2024 across many markets. According to the latest Arcadis International Construction Costs (ICC) analysis for 2025, the rate of cost escalation is expected to remain stable, with increases primarily driven by rising material prices. At the same time, demand for labor and skilled personnel remains high—particularly in markets such as Australia, Asia, and Europe.

Pilot pedestrianization of Nikis Avenue in Thessaloniki

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26.05.2025

On Sunday, May 25th, from 11:00 a.m. to 5:00 p.m., the coastal Nikis Avenue in Thessaloniki will be pedestrianized, from the section between Eleftheriou Venizelou Street and the White Tower.

Premia Properties acquires the aka "Tachydromos" property in Volos

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22.05.2025

Premia Properties S.A. was declared the successful bidder for a multi-storey property in Volos.

Construction industry at a crossroads

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22.05.2025

The construction sector stands at a pivotal crossroads, both in Europe and in Greece. The impact of global economic uncertainty, inflation, and high interest rates continues to challenge the industry’s resilience. At the same time, new opportunities are emerging through investments in infrastructure, green energy, and digital transformation.

"Piraeus Gate" a new chapter in Piraeus’ urban evolution

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22.05.2025

DKG Development successfully hosted its event, “Partnerships and Synergies – Investing in Piraeus,” on Tuesday, May 20, 2025, at the historic Municipal Theatre of Piraeus. The event drew strong attendance from political leaders, key business figures, and professionals from the real estate sector.

UBS: Family offices scale back investment activity for 2025

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22.05.2025

The global trade war is considered the greatest concern for 2025, according to the UBS Global Family Office Report 2025. The annual report is based on a survey conducted among 317 family offices, each managing an average of $1.1 billion in assets.

Wynn Resorts expands into the Middle East and the UAE

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21.05.2025

Wynn Resorts, Limited has officially decided to withdraw its application for a casino license in the state of New York.

The New Development law tabled in parliament

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21.05.2025

The new Development Law, presented by the Minister of Development, Takis Theodorikakos, before the Hellenic Parliament’s Committee on Production and Trade, seeks to establish a comprehensive framework for supporting entrepreneurship, innovation, and regional development.

Domiki Kritis to develop Panteion University's student dormitories

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21.05.2025

Domiki Kritis has been assigned the renovation of the student residence building at Panteion University.

REDS established new subsidiary, REDS Hospitality

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21.05.2025

REDS has established a new company with a share capital of €2 million.