PATRIZIA secures additional €200 million for its flagship Smart City Infrastructure Fund

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29.08.2024

PATRIZIA, a leading partner for global real assets, has secured a further EUR 200 million for its flagship Smart City Infrastructure Fund (SCIF), taking the total fund commitment to EUR 950 million.

LaSalle acquired London hotel from abrdn for €65.5m

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29.08.2024

LaSalle Investment Management (LaSalle), the global real estate investment manager, has acquired a central London hotel from abrdn for €65.5m on behalf of a UK Custom Account client.

July unemployment rates down in 9.9%

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29.08.2024

The Hellenic Statistical Authority (ELSTAT) announces the seasonally adjusted estimates of employment and unemployment for July 2024.

19.6% decrease in the number of building permits in May 2024

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29.08.2024

The Hellenic Statistical Authority (ELSTAT) announces the data of the Building Activity Survey for the month May 2024

Fourlis: Strategic agreement with Foot Locker

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29.08.2024

Fourlis Holdings SA announced a new strategic agreement in the sports industry through the signing of licensing agreements with Foot Locker.

In the first half of 2024 the turnover of Motor Oil Group reached €6,237.9 mln

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29.08.2024

In the first half of 2024 the turnover of the Motor Oil Group reached Euro 6,237.9 million compared with Euro 5,928.1 million in the corresponding period of 2023 denoting an increase of 5.23%.

China pilots housing pension system to enhance people's living quality

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29.08.2024

China is piloting a housing pension system in 22 cities including Shanghai, which aims to better facilitate existing housing upgrade and enhance people's housing quality and living environment, the China Securities Journal has reported.

Dubai Developer Says Rich Turks, Egyptians Helping Fuel Property Boom

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29.08.2024

The Dubai developer building what’s set to be the world’s tallest residential tower is betting on an influx of rich buyers fleeing currency instability in Turkey and Egypt to help drive demand.

Mid-scale hotels are gaining momentum. The construction cost

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23.08.2024

There are mixed trends in the hotel industry in the EMEA (Europe, Middle East and Africa) regions, however, according to experts, this is a promising real estate sector.

Office spaces in Athens - Thessaloniki resurging

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23.08.2024

The fundamentals of the office market in Greece remain strong, with the sector in Athens and Thessaloniki moving in the opposite direction to other European markets.

Short extension to the tender for the Chania-Heraklion section

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22.08.2024

An one month extension - until September 30, 2024 - was given to the tender for the main section of BOAK, Chania-Heraklion, by decision of the Ministry of Infrastructure and Transport in order to complete the finalization of contractual documents.

"Homeless Housing and Work" scheme budget increases

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22.08.2024

Increase the budget of the "Housing and Work for the Homeless" program from €10 million to €15 million for 2025, rent subsidy for 24 months with the possibility of receiving an additional 1+1 years of housing benefit to former beneficiaries, vocational training and counseling for finding a job are provided, among other things, by a decision (Government Gazette/20-8-2024/f.4766) of the Minister of Social Cohesion and Family, Sofia Zaharakis, by which the existing program is expanded and improved.

Development works in Thess Intec speed up

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22.08.2024

The goal of the Greek government is to immediately accelerate the construction of the iconic 4th generation Thess INTEC Technology Park in Peraia, Thermaikos municipality, in Thessaloniki, which is financed with 33 million euros by the Recovery and Resilience Fund.

Ted Eliopoulos is joining Prologis

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22.08.2024

Prologis, Inc. (NYSE:PLD), the global leader in logistics real estate, announced that Ted Eliopoulos is joining the company as managing director, Strategic Capital.

METLEN Energy & Metals inaugurated its second solar project in Chile

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20.08.2024

METLEN Energy & Metals, inaugurated its second own project in Chile. Doña Antonia solar park, with an investment of US$65 million dollars and with an installed capacity of 90 MW will provide clean 100% renewable energy for the green development of the country.