Plaisio Computers purchases logistics in Magoula industrial zone

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08.09.2021

Plaisio Computers and Akritas S.A. have jointly signed a notarial preliminary agreement for the sale of the latter's logistic property located in Loutsa region.

Greece agrees with the EU Commission on Thriasio I adjustments

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08.09.2021

EU Commission stipulated, that in case the return on investment exceeds 9%, then this return shall be divided between the parties.

Hotel Investment Partners takes over Elounda Blue

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08.09.2021

Hotel Investment Partners (HIP), the largest owner of resort hotels in Southern Europe owned by funds managed by Blackstone, has signed an agreement to acquire the Elounda Blu hotel in Greece from Ledra Hotels & Villas, the multi-award winning Greek hospitality group.

Increases in RES Power limits for net metering

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08.09.2021

The power limit for the installation of RES stations was increased from from 1 MW to 3 MW for both the interconnected network and in Crete. The change in power limit refers to offset either energy applications or net metering.

The use of drones is transforming the construction industry

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07.09.2021

The use of drones and the technology including artificial intelligence in various industries has become increasingly popular in recent years.

The new Ble Kedros REIC hotel in Makrygiannis region of Athens

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07.09.2021

The draft presidential decree of the Ministry of Environment that has been recently published comprises the construction terms for the development of the new 5-star Ble Kedros REIC hotel in Makrygiannis region of Athens center.

Trade Estates reports €13.5M in revenues from rents in the 1H2021

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07.09.2021

Trade Estates REIC, a Fourlis Group subsidiary, announced €3.5million from rents during the first half of 2021, according to the financial results released by the parent company.

Long Harbour acquires the freehold interest in a Hampton Munich hotel

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07.09.2021

Long Harbour has completed a further ground lease transaction in Germany with the acquisition of the freehold interest in a Hampton by Hilton Munich airport hotel for €14 million.

Greek visitors retrieve their pro-covid tourism habits

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07.09.2021

Greek travelers are getting a lead back in visiting Greek tourist destinations around the country a fact that is being recorded as a sign of optimisms for market prospects in local communities.

Four prospective bidders for the 45% stake in HEDNO S.A.

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07.09.2021

Tender process for the sale of 49% of HEDNO S.A. share capital

The UAE are recovering post covid as a global economic an business hub

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07.09.2021

The UAE have recently unveiled a plan to attract up to $ 150 billion of foreign investments. The country is being recovering as a global economic and business hub following two years of hault due to the covid pandemic.

New building standards for plots not comprised in urban development plans

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06.09.2021

The Greek Ministry of Environment and Energy tabled a bill titled "Integrated framework for waste management" for vote in parliament according to which it is aimed to tackle building conditions for plots that have not been comprised in urban development plans. The new bill sets new building standards for this type of plots.

How Greece has shifted from financial to non financial assets

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06.09.2021

Southern European countries have been among those hardest hit by the pandemic. Greece initially had relatively few cases of the disease but all three countries have had very trying periods since late 2020.

Commencement of the construction of the Natural Gas Plant in Komotini

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06.09.2021

The Groups of MOTOR OIL and GEK TERNA have signed the contract for the construction of the Combined Cycle Gas Turbine (CCGT) Power Plant fueled with natural gas at Komotini area, marking the beginning of the construction of the project.

Foreign institutional investors offer a "vote of confidence" in Greek bonds

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06.09.2021

The 5-year interest rate stood at 0.020% and the 30-year interest rate at 1.675%.