In its biannual report on financial stability, the Fed pointed specifically to the crisis at Evergrande, China's most indebted developer.

The Sunrise II portfolio comprises c.47k retail and corporate loans with a gross book value of €2.7bn, as at 31 December 2020.

The company's offer was followed by the offers of TERNA SA. - MYTILINEOS SA (6.00%) and AVAX (5.07%).

"The Ellinikon has been initiated and by 2025 a large part of this project is estimated to be completed, so that all citizens will be able to experience and feel proud of this investment," Lamda Development's CEO Odysseas Athanassiou said during the third online presentation of the company to inform the public about the emblematic work.

The Acquisition consideration will be funded by a combination of new and existing debt together with the proceeds of a proposed fundraise, which is expected, in aggregate, to raise gross proceeds of c.£135 million.

The eight-storey asset was built in 1995 and has since been refurbished to provide modern, attractive office space.

A decarbonisation rate of 12.9% is now required to achieve the 1.5ºC objective - more than five times greater than what was achieved over the last year, according to PwC's Net Zero Economy Index.

It was decided with majority of the votes, to issue a common, interest-bearing, unsecured bond loan totaling up to the amount of two hundred and fifty million euros.

Subsidies for households and enterprises' electricity bills are to be increased and certain payments for larger enterprises using the medium-voltage grid will be suspended in order to tackle the rising energy costs. 

ENFIA rates are scheduled to become law by January 2022 and the bills expected to be sent out in March 2022, with the first installment due March 31.

USA's largest private multifamily owner announced the acquisition of two portfolios totaling 18 apartment communities and 4,724 units.

Originally built in 1905 by the Wisconsin-Michigan Railroad Company, the Resort was a popular destination for visitors arriving by railroad from Chicago.

Total value of real estate investment transactions in Romania jumped over €540 million in the first nine months of 2021, according to a Colliers Romania report.

EPRA calls on the European Commission to reconsider its approach to issues relating to shell companies in the fight against tax evasion.

The acquired properties are high quality student housing assets totaling approximately 2,700 beds and include attractive amenities for residents.