Evolution investment fund targets Mayfair hotel properties
According to a related announcement, the agreement concerns the acquisition of two iconic hotel properties in central London, one of the most mature and competitive hospitality markets globally, where ...
Global tourism expansion: international travel overtakes domestic markets
Global overnight stays are projected to increase from 27.4 billion in 2023 to 38.7 billion by 2030, with the growth of the travel market increasingly driven by individuals crossing borders rather than ...
HPPC launches tender to attract investor for historic Xenia Vytina property
An extension of up to 10 additional years is possible.The tender will be conducted as an e-auction via the platform www.e-publicrealestate.gr. The starting bid for the annual lease is €45,000. Eac ...
Industrial turnover rises in December 2025
Specifically, the General Industrial Turnover Index (covering both domestic and foreign markets) rose by 5.6% in December 2025 compared to the same month in 2024, following a 4.6% increase in the corr ...
Bank of Greece: tourism revenues surge by €2B in 2025
Specifically, revenues from inbound tourism reached €23.62 billion in 2025, compared to €21.59 billion in 2024, marking an increase of approximately €2 billion. On an annual basis, non-resident touris ...
Regulatory approval secured for “Data Center Olive” project in Spata
The project is being implemented by GRECO MI Single-Member S.A. and forms part of the broader investment plan of Apto, a data center development and operations company founded by PIMCO and active inte ...
EBRD backs 190 MW solar power projects in Romania
The project is co-financed by the European Investment Bank (EIB) with a loan of up to €34 million and by Banca Comercială Română (BCR) with financing of up to €17.5 million.The three companies are ...
Greek government extends agricultural land use regulations
According to the Ministry of Rural Development and Food, the new legislative measure aims to provide a “breathing space” for the agricultural community, maintaining provisions that facilitate access t ...
Global Markets: key changes in the US, Europe, and China in 2026
However, as noted by Piraeus Bank in its February 2026 analysis of International Macro-Economic Trends, the global environment remains fragile, with forecasts for the world economy accompanied by a he ...
Etsy shares rally 17% on eBay deal announcement
The move comes nearly five years after Etsy acquired Depop for approximately $1.62 billion, effectively realizing a gain despite the initially high purchase price. eBay CEO Jamie Iannone described the ...
Dimitris Panayi takes over as CFO of Trade Estates
Mr. Panayi brings 24 years of professional experience across the Greek, European, and United States markets. Prior to joining Trade Estates, he served as CFO at Noval Property, while from 2009 to 2023 ...
HCAP: €12B portfolio and over €10B in projects via the PPF unit
The Hellenic Corporation of Assets and Participations (HCAP/Υπερταμείο) bases its strategy on three key pillars: the transformation of public enterprises under commercial criteria, the development of ...
Karatzis Group invests €240M in new data center in Orchomenos
The project spans 342,466.17 m² and will comprise seven state-of-the-art industrial buildings, identical in design. Each building will occupy 14,717 m², with a total built-up area of 19,267.48 m², cre ...
High momentum in Greece’s office market in Q4 2025
According to a recent analysis by Cushman & Wakefield Proprius, this increase supported annual activity, with total office take-up in 2025 reaching 170,000 m², nearly on par with 2024.The stro ...
Noval Property sales two prime properties in central Athens
Together with a 156 sq.m. retail unit in the city center (Tzortz, Exarchia), these are among the smaller assets in the REIC’s portfolio, which comprises 61 properties, primarily shopping centers, ware ...