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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.

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  News REIC  |  Sustainability  |  Europe
EBRD supports green investments in the Greek real estate sector

€50 million for Pangaea’s sustainable business development

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New European RES platform to invest €1bn investments

AMPYR Solar Europe (ASE), a newly launched renewable energy platform is planning to invest more than a billion euros in European projects.

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The reconstruction of "Freedom" in Paris has been completed

AXA IM Alts recently completed the reconstruction of the "Freedom" Class A office building in Paris.

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Starwood Capital to launch public takeover offer for CA Immo

SOF-11 Klimt CAI S.à r.l., Luxembourg (BidCo), a controlled affiliate of Starwood Capital Group (Starwood Capital), has announced its intention to launch a public takeover offer for CA Immobilien Anlagen AG (CA Immo), a real estate company with its headquarters in Vienna and branch offices in seven countries of Central Europe.