Countdown begins for the "Upgrading My Home II" program

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04.02.2025

The application platform for the "Upgrading My Home 2" program will soon be open. This initiative offers interest-free loans of up to €25,000 to eligible individuals, with no income requirements, to help them renovate their primary or secondary residences.

Amazon is investing in 3 large renewable energy projects in Greece

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04.02.2025

Amazon has announced three new investments in our country in the field of Renewable Energy Sources.

AKTOR plans €600M investments in Real Estate

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04.02.2025

The AKTOR Group's new shares began trading on the Athens Stock Exchange following a successful €200 million oversubscribed capital increase. The funds will support a €2 billion investment plan to expand the Group's activities and create new revenue streams.

Invesco Real Estate has sold the Skålen 30 office building

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04.02.2025

Invesco Real Estate has sold the Skålen 30 office building in Hagastaden, Stockholm, to Humlegården Fastigheter AB.

Legendary Caesar Augustus Hotel in Capri sold for almost €200M

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04.02.2025

The five-star Hotel Caesar Augustus, with 55 rooms, located in Capri, Italy, has been acquired by Grupo Statuto from the Italian Signorini family for €180 million, equivalent to €3.2 million per room.

Climate Change reshapes Real Estate Insurance

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04.02.2025

Climate change has emerged as one of the most significant factors impacting both the real estate market and the insurance industry across Europe. The rising frequency of natural disasters, including floods, wildfires, and heatwaves, is causing substantial financial losses, directly affecting the cost and availability of insurance coverage.

New real estate company established by the Vasilakis family

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04.02.2025

The company "Thema Akinita Monoprosopi S.A." (trading as "The.MaAkinita") with an initial share capital of €6 million was founded by the Vasilaki family.

Orilina Properties sold a residence at Marina Residences

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03.02.2025

Orilina Properties announced the signing of a private pre-agreement concerning its residential complex at the Agios Kosmas marina.

Growing risk to aviation safety: understaffed air taffic control services

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03.02.2025

The Greek Air Traffic Controllers Union is sounding the alarm as understaffed services and outdated surveillance equipment can no longer meet the ever-increasing air traffic demands.

Strong start for the economic climate in 2025

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03.02.2025

The economic climate showed an upward trend in January, according to data from IOBE, with the index reaching 108.6 points, up from 106.4 in the previous month.

Elevating Crete as a key connectivity hub

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03.02.2025

Digital Realty announced the activation of a Point of Presence (PoP) in collaboration with EXA Infrastructure (EXA) to enhance connectivity solutions in Crete.

New Hotel investment in Piraeus by Wyndham

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03.02.2025

Wyndham Hotels & Resorts has signed a collaboration agreement with the construction company Zafido Holding Ltd for the development of a hotel in Piraeus.

PQH announced closing of Greece’s largest NPL portfolio sale

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03.02.2025

PQH, the Special Liquidator for all credit and financial institutions under special liquidation in Greece, announces the closing of the Alphabet transaction, with a total gross book value of €4.8 billion and total purchase price approaching half a billion euro, making it the largest non-performing loan (NPL) portfolio sale in Greece.

Smart greenhouses: The future of Greek agriculture

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03.02.2025

The future of the primary sector and the need for its modernization were extensively discussed at the evening seminar “Smart Greenhouses: The Future of Greek Agriculture”, recently organized by the Hellenic Association of Agricultural Machinery Manufacturers as part of Zootechnia. The event was held with the generous sponsorship of Piraeus Bank and the company Plastika Kritis S.A..

Extension of deadline for debt settlement with municipalities and regions

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31.01.2025

A forthcoming legislative regulation, which will be submitted for immediate voting in Parliament, will extend the deadline for submitting applications for debt settlement to Municipalities and Regions of the country, in accordance with Article 25 of Law 5143/2024, until March 14, 2025. The previous deadline, which was January 31, has now been extended.