Europe
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  REIC  |  Tourism  |  Hotels  |  Europe
Prodea's moves in Cyprus and Italy

Prodea in 2020 announced the strategic collaboration with Invel Real Estate and YODA Group of Mr. Ioannis Papalekas, in the hospitality sector. MHV will be the investment arm of the Group in the hospitality and tourism sector in Greece, Cyprus and the wider Mediterranean region, and already, as Prodea recently announced,

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The European Green Deal for cities

With the aim of implementing a "green approach" to both human capital and the economy in the sense of sustainability, the project "EGD4Cities - European Green Deal for Cities" has been implemented since September 2020, with a total duration of 24 months.

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The first energy-positive Elithis Tower that will offer affordable rents

Catella European Residential Fund III acquires the first energy-positive Elithis Tower, that will produce more energy than it consumes, in Saint-Etienne, France.

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  News News  |  REIC  |  Europe
Prodea's answer about the Picasso Fund and Italian real estate

The REIT collaborates with specialized consultants to explore market interest

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  News Deals  |  Private Equity  |  Office  |  Europe
Zeus inks its first property deal in Budapest

HB Reavis Group and Zeus Capital Management announced the completion of the sale and purchase of Váci Corner Offices.

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Europe will be borrowing € 150 billion a year until 2026

The European Commission has announced its market borrowing program to finance the Recovery Fund, which shows that it will be borrowing around € 150 billion a year until 2026.

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  News Tourism  |  Europe
Changes in tourists' demands

A full recovery of tourism is not expected before 2025 according to the provisional data of the annual survey of Phocuswright, presented in the context of the 4th International Hospitality Forum, which was conducted digitally under the auspices of the Hotel Chamber of Greece.

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  News Tourism  |  Greece  |  Europe
Tourist crash test between Greece and Spain

Two new studies, published by the Institute of the Association of Greek Tourism Enterprises (INSETE) in the context of its periodicals, are enriching the databases of Greek tourism, which will be the basis for comparison during the planning of the next period.

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  News REIC  |  Hotels  |  Europe
Pangaea purchases Zeus Int. leased hotel in Nicosia

The share purchase price amounted to €11.2 million of which €7.6 million was paid upon the transfer of the shares.

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  News REIC  |  Hotels  |  Europe
NBG Pangaea REIC acquires the Hilton Cyprus

CTDC is the owner of Hilton Cyprus hotel, the only 5 star hotel in Nicosia, Cyprus, with a capacity of approximately 300 rooms.