BriQ Properties portfolio value at €142 million

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03.08.2023

BriQ Properties SA announced that its investment portfolio on 30.06.2023 included 26 properties with a total area of 148 thousand sq.m. and fair value €142 million, which consists of logistics (49%), hotels (21%), offices (27%) and other properties (3%).

The first seaplane arrived in Greece. The network of waterways is activated

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03.08.2023

Hellenic Seaplanes becomes the first airline to bring seaplanes back to the Greek airwaves.

Noval Property disposes of a Real Estate Asset in Mandra Attica Prefecture

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03.08.2023

Noval Property announced the sale of a residential asset of a surface of 87.71 sqm, on a plot of land of 500.40 sqm, located in the area of “Trigono or Gefyri” of the Mandra Eidyllias Municipality of the Regional Unit of West Attika in the Attica Prefecture.

Canary Wharf Group receives £535m loan for Wood Wharf BTR

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03.08.2023

Privately held investment firm Cain International and controlled affiliates of private investment firm Starwood Capital Group, have agreed on a £535m loan to Canary Wharf Group for the next phase of development of its Wood Wharf residential scheme.

Trastor inks preliminary SPA for the acquisition of two storage and distribution facilities

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03.08.2023

Trastor REIC inks a Preliminary SPA for the acquisition of a Société Anonyme owner of two storage and distribution facilities at Aspropyrgos, Attica.

Large commercial park in Poland was transacted for €103 million

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03.08.2023

Frey has completed the acquisition of the Matarnia Park Handlowy retail park in Gdansk, Poland from Ingka Centers for €103m (including transfer tax).

€2.65 billion of debt were settled out of court in July

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03.08.2023

Settlements through the out-of-court debt settlement mechanism keeps up steadily in the month of July 2023, the Ministry of Finance points out in its announcement.

Kastelli airport works are being gradually delivered

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03.08.2023

The Deputy Minister of Infrastructure and Transport, Nikos Tachiaos, who is in Crete for the second day visits major infrastructure projects, expressed his satisfaction with the progress of the projects for the construction of the new international airport of Kastelli in Heraklion.

The Small Agricultural Entrepreneurship Loan Fund is being enhanced with €10M more

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03.08.2023

There is great market interest in the Small Agricultural Entrepreneurship Loan Fund (TaMiDAE), which results in a high rate of absorption of the available resources.

Nasdaq: top 10 real estate projects in the world comprise two based in Greece

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03.08.2023

The top 10 real estate projects in the world that those planning to invest in real estate should consider in an article hosted by Nasdaq.

Soaring mortgage rates boost internal migration in the US

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02.08.2023

With mortgage rates at 20-year highs, more people are looking to relocate from high-cost coastal cities to places in the South and Southwest, with Las Vegas as the top destination.

The European Central Bank raises rates by 25bps

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27.07.2023

The European Central Bank on Thursday announced a new rate increase of 25 basis points, bringing its main rate to 3.75%

Aviva partners Via Agora for a BTR resi scheme in Madrid

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27.07.2023

Aviva Investors purchased a 234-unit residential development in Spain from developer Via Agora, as it continues to grow its Spanish build-to-rent (BTR) platform in partnership with Layetana Living (Layetana).

Deka Immobilien acquires five logistic assets for €560M

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27.07.2023

Deka Immobilien has secured a 50% stake in a logistics portfolio in Germany with a total value of c. €1.12 billion.

IMF: Global growth will slow to 3% this year inflation is projected to 6.8%

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27.07.2023

The global economy continues to gradually recover from the pandemic and Russia’s invasion of Ukraine. In the near term, the signs of progress are undeniable.