HRADF unseals bidding offers for the Attica Road concession contract

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07.09.2023

The Board of Directors of HRADF today unsealed the financial offers in the context of the tender process for the award of a service concession contract for the financing, operation, maintenance and exploitation of the Attica Road for a period of 25 years.

Macroeconomics and the new geopolitical order challenge real estate valuations

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07.09.2023

Economist, former adviser to the ECB board, Peter Praet and political analyst, internationalist and author, Ian Bremmer have opened the EPRA annual conference that has begun yesterday in London.

High mortgage rates in the US freeze remortgages and property transactions

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05.09.2023

A recent Zillow survey found that homeowners who report buying their home at lower mortgage rates are less likely to sell their home and move.

Fidelity and Brookfield ink deal to establish new real estate investments fund

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31.08.2023

Fidelity Investments Canada ULC (Fidelity) announced that it has entered into an agreement with Brookfield Asset Management (Brookfield), whereby Brookfield will invest in, and manage a newly formed portfolio of high quality Canadian real estate assets on behalf of Fidelity.

A renovation from scratch in the Zografou Student Residence is in progress

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29.08.2023

The project to restart the long-suffering Student Housing of Zografou University of Technology (FEZ) continues with decisive steps, after the approval of the funding of 523,180.80 euros from the Region of Attica for the selection of Consultants (Legal, Technical and Financial), the who will launch, together with the NTUA, the tender process for the selection and selection of the contractor who will undertake the study, renovation and maintenance of the emblematic building.

Soaring rents observed in prime residential markets

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29.08.2023

As with the wider property market, the prime residential market saw a continued slowdown in activity in the first half of 2023. Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023, compared to growth of 0.8% in H2 2022.

Sani/Ikos on an impressive hotel ivestment in Crete

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28.08.2023

Construction works on site are estimated to begin in 2023, with the resort scheduled to open its doors in May 2025.

Cities' resilience during COVID19 and the real estate sector's role

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26.08.2023

For a while, the city looked in trouble. The Covid-19 pandemic hit large and densely populated metropolitan areas more dramatically than it did quieter, sparser locations.

Global luxury house prices recover as rate uncertainty eases

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25.08.2023

Average annual prices rose 1.5% across the 46 markets covered by the Knight Frank Prime Global Cities Index in the 12-month period to June.

Coffee offers performance boost for concrete

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24.08.2023

Engineers in Australia have found a way of making stronger concrete with roasted used-coffee grounds, to give the drink-additive a “double shot” at life and reduce waste going to landfills.

The world's largest floating offshore wind farm officially opened

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23.08.2023

The Hywind Tampen wind farm was opened today by Crown Prince Haakon of Norway.

Mortgage demand from homebuyers to the lowest level in 28 years

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23.08.2023

Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years.

Mortgage rates in the US hit their highest point since 2000

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22.08.2023

Mortgage rates soared to the highest level since November 2000, crushing affordability for potential homebuyers.

Henry Holterman takes over the Corfu Palace

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21.08.2023

The Dutch Ellactor's stakeholder and major shareholder of Alpha Bank, Henry Holterman, now owns the historic hotel of Corfu, Corfu Palace. According to information, the price amounted to €30 million.

VOAK: on the evaluation of binding offers the proceeds of the tender

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16.08.2023

The minutes concerning the approval of the changes between the schemes participating in the 2nd Phase of the Tender for the Concession Contract of the section of the Northern Road axis of Crete (VOAK) from Chania to Heraklion were issued by the competent committee.