Housing rents on an upward trend dispite the shrinking households income

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30.09.2021

Housing provision measures for young people and vulnerable households have been recently announced by Greek Prime Minister Kyriakos Mitsotakis from the 85th TIF through concessions of real estate owned by the state.

Ikos Resorts acquires Mallorca luxury hotel Blau Porto Petro

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30.09.2021

Greek luxury resort group Ikos Resorts has acquired the Mallorca luxury hotel Blau Porto Petro for a reported €110 million (€345,000 per room), from Spain’s Grupo Roxa.

Premia Properties acquires Dimand's residential assets

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30.09.2021

Premia Properties announced the signing of a preliminary agreement for the acquisition of a stand-alone property of serviced apartments located in Piraeus (Agios Dionysios area).

Greek travel receipts soar at €3,384M yoy

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30.09.2021

The balance of travel services posted a surplus of €2,138 million in July 2021 and a surplus of €2,964 million in January-July 2021.

Greek Council of State approves forest maps legislation framework

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30.09.2021

Article 48 of the Law 4685/2020, which regulates issues related to the approved forest maps, was deemed constitutional with two decisions of the plenary session of the Council of State (1364 and 1365/2021)

Who will be able to apply for Recovery Fund financing

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30.09.2021

The Hellenic Ministry of Finance has set in public consultation the list of applicable expenditures that will be able to be funded through the Recovery Fund, aiming at financing private investments.

Public tender offers for the first five Special Urban Plans

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30.09.2021

Five tenders have been announced for the first five Special Urban Plans comprised in the "Konstantinos Doxiadis" Urban Reform Program.

PPC declares a €750M share capital increase

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30.09.2021

Public Power Corporation S.A. (“PPC” or the “Company”) announced its intention to raise capital through a share capital increase of c. €750million and a book building process to determine the offer price of the shares to be issued (the “New Shares”), for the purpose of funding its updated Strategic Plan (the “Share Capital Increase”).

Cement "faces" climate change

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30.09.2021

Cement, a material that is found in abundance in urban centers - and not only - as it dominates the construction of buildings and infrastructure, which make up the built environment. Cement is the most widely used artificial material on the planet, and is the second most used resource, after water.

Six prospective bidders for the Kalamaria Marina in Thessaloniki

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30.09.2021

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, convened and pre-qualified the interested parties that meet the eligibility criteria to participate in Phase B (Binding Offers Phase) of the tender process for the concession of the marina of Kalamaria (Aretsou).

PREMIA expands operations in real estate industry

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30.09.2021

PREMIA S.A. announced its financial results for the six-month period ended on June 30th, 2021.

The EU takes initiative to reduce e-waste and consumer inconvenience

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30.09.2021

The European Commission takes an important step against e-waste and consumer inconvenience, caused by the prevalence of different, incompatible chargers for electronic devices.

Strong investment interest for the new Agency for primary residences

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30.09.2021

Strong interest is expected to be expressed by investment schemes in view of the forthcoming announcement for the establishment of the Agency for the acquisition and re-leasing of houses that will be available through the proceeds of the new bankruptcy law.

The Independent Public Revenue Authority in search of new mixed use property

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30.09.2021

The Independent Public Revenue Authority (A.A.D.E.), announced a tender for the lease of a mixed area property (excluding stairwells, elevators, flat stairs and public corridors) of 1,232 sqm. The property must meet all eligibility requirements in terms of lighting, ventilation, shading, heating, cooling / air conditioning, in accordance with applicable regulations.

TUI launches "workation" offers

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30.09.2021

TUI has launched a range of ‘workations’ offering customers the chance to combine work with an overseas holiday.