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  Economy  |  International  |  Office
What do tenants in downtown Los Angeles pay?

In 2013, Brookfield Property Partners became Downtown Los Angeles’ biggest landlord — by acquiring the company that previously held that title, MPG Office Trust.

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Comp proposes a Solomonian solution for Thriasio

The development of the freight center in the Thriasio field is becoming more vague, after the "ultimatum" of the EU Competition Commission (DG Comp) which requests, for the implementation of the project, on the one hand the doubling of the entrance fee by the concessionaire at the same time with the reduction of the concession period to 37 years, while stipulating that “if the return on investment exceeds 9% this will be shared between the parties ", without however specifying whether this concerns the excessive percentage or determining how it will be shared.

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  Legal Laws  |  Greece  |  Retail
Rent payment suspended again during February

The full suspension of rent payments by companies that were closed by state order during the first fortnight of January, extends for February, as announced by the Ministry of Finance.

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  Legal Laws  |  Greece  |  Residential
Real estate taxes as a source of funding for local authorities

A survey that describes in detail both the options and the resources of the municipalities today, as well as the exact operation of the real estate taxes and, more specifically, of the well-known ENFIA property tax, paid by the Greek taxpayers since 2013, was carried out by diANEOsis.

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CVC fund close to a deal with Shiseido cosmetics

Shiseido Co. is in advanced talks to sell its shampoo and affordable skincare business to CVC Capital Partners for 150 billion to 200 billion yen ($1.45 billion-$1.9 billion), as the Japanese cosmetics maker shifts its focus to premium beauty products, people with knowledge of the matter said.

Discussions about Hellinikon landmark-buildings are advancing

Lamda Development is proceeding with the preparation of the big project in Hellinikon on a feverish pace, given that the agreement with the public sector for the transfer is expected to be completed sometime during the first months of 2021, as stated at yesterday's Extraordinary General Meeting by the CEO of the group, Odysseas Athanassiou.