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.

Prime Ecclesiastical plots in Vouliagmeni available for development

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11.03.2025

The Ecclesiastical Central Service of the Church of Greece (EKYO), which manages the Church's real estate assets, is launching a competitive process for the sale of two prime plots of land in Vouliagmeni.

Competition Committee approves AKTOR Group’s acquisition of MILORA

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11.03.2025

The Competition Committee has approved the acquisition of MILORA by the AKTOR Group, giving the green light to the deal.

Dimand: Profit increase to €40 million in 2024

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11.03.2025

Significant increase in DIMAND Group’s profit before tax attributable to its shareholders: c. €40mn in 2024 vs €17mn in 2023.

The Ministry of Sports on €1M investment projects in Phocis, Ilia, Rethymno, and Samos

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11.03.2025

The Ministry of Sports is funding four projects, with a total budget of €1,000,000, in the regions of Ilia, Rethymno, Samos, and Phocis.

Major initiative for affordable housing in London

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11.03.2025

The Mayor of London, Sadiq Khan, has called on foreign investors to support the city’s efforts in securing affordable housing for its residents. He unveiled the new housing strategy alongside other local leaders and real estate experts at this year’s MIPIM exhibition, currently being held in Cannes.

Trillions in investments for 5G in modern cities

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10.03.2025

By 2050, nearly 70% of the global population, according to UN estimates, will live in cities, driving rapid urbanization and creating complex challenges for urban planners and policymakers.

The first trial electrical connection of Crete has been successfully completed

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10.03.2025

The first trial connection of the high-voltage Substation at Damasta with the electrical system of Crete, a crucial step for the operation of the Crete-Attica interconnection, has been successfully completed by ADMIE's subsidiary, Ariadne Interconnection, which is executing the project.