TERNA SA inks agreement for Piraeus Tower redevelopment

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25.10.2021

The first phase of the construction works for the redevelopment of Piraeus Tower was undertaken by TERNA S.A., a fully owned (100%) subsidiary of GEK TERNA Group

ITA won Alitalia's iconic brand for €90M

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25.10.2021

New, state-owned carrier Italia Trasporto Aereo (ITA) took over from Alitalia on Friday, permanently grounding the 75-year old one-time symbol of Italian style and glamour after years of financial losses and failed rescue attempts.

NBG inks deal with Bain Capital, Fortress and doValue

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25.10.2021

National Bank of Greece ("NBG" or "Bank") announces that it has entered into a definitive agreement with a consortium consisting of affiliates of Bain Capital Credit, Fortress Investment Group and doValue Greece, for the sale of 95% of the Mezzanine and Junior notes from a securitisation backed by a portfolio of non-performing exposures ("NPE") with a total gross book value of c€6b

Consumer behaviour is being shifted due to new price hikes

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25.10.2021

Spending on food grew in 2020 compared with 2019, the Research Institute of Retail Consumer Goods said in a report released on Monday.

Has the office sector reached a dead end?

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25.10.2021

The impact of the global coronavirus pandemic on commercial real estate and in particular on the office sector has been severe, resulting in the "loss" of 255 million full-time jobs in 2020, according to official UN figures.

Eligible budget range in the New Execonomo has been increased

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25.10.2021

The decision of the government to proceed with increasing the ceiling of the eligible budget in "New Execonomo" was mainly due to the large price increases in construction materials, Minister of Environment Mr. Skrekas told in an interview with "KATHIMERINI" newspaper.

Chinese economy missed GDP growth expectations in 3Q2021

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25.10.2021

Chinese gross domestic product grew 4.9% in the third quarter from a year ago, the National Bureau of Statistics said Monday.

LondonMetric completes another last mile logistics acquisition

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25.10.2021

LondonMetric Property Plc announced the acquisition of two last mile logistics assets in Fulham and Tottenham for a combined purchase price of £20.2 million.

Millennials are taking a lead as property buyers

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25.10.2021

A global pandemic, historic economic change and an unprecedented shift in the housing market have been hallmarks of the past year.

Ian Williamson joins KKR

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25.10.2021

KKR, a leading global investment firm, today announced the appointment of Ian Williamson as a Managing Director and Head of Core Plus Real Estate in Europe, effective immediately.

A step forward for the Electricity Interconnector of Greece with Egypt project

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25.10.2021

Kopelouzos Group took an important step in maturing works of the Electricity Interconnector of Greece with Egypt (GREGY - Green Energy Interconnector) by submitting a full application for inclusion in the ten-year Development Plan of the European Energy Networks (TYNDP 2022).

CBRE: return to pre COVID norms by H22022

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25.10.2021

History will record 2020 as a year of convulsive change. Governments and populations across the globe struggled to control the spread of COVID 19

Greek state pays €9,2M in subsidy to 5.618 property owners

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25.10.2021

The Greek Ministry of Finance has paid a total of approximately € 9.2 million to 5.618 property owners for the reduced rents for the period January - June 2021.

Soaring energy prices continue their upward trend

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25.10.2021

Electricity prices are keeping their upward trend moving higher on Tuesday, 19 October according to data from the Energy Exchange.

27.5% of Greek people facing the risk of poverty

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25.10.2021

In 2020, there were 96.5 million people in the EU at risk of poverty or social exclusion, representing 21.9% of the population.