Crete
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  News Deals  |  Infrastructure  |  Crete
The Grimaldi Euromed S.p.A. - Minoan Lines consortium acquires 67% stake in Heraklion Port

HRADF maintains 33% of the Organization's share capital.

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32 dams under construction with a budget of almost €1 billion

Under study-auction, as a public project or with PPP 14 dams, with a budget of €626 million.

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Short extension to the tender for the Chania-Heraklion section

The concession period is 35 years, of which five years (60 months) are the design-construction period

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  News Investments  |  Listed  |  REIC  |  Hotels  |  Crete
Premia Properties acquires its first hotel units

The National Bank of Greece will finance the transaction through the issuance of a bond loan.

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  News Economy  |  Hotels  |  Crete
Elios Hill on the Crete Peninsula opens its doors to welcome visitors

The new 5-star hotel located on a hill has 275 rooms and suites of high standards.

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  News Economy  |  Infrastructure  |  Other  |  Crete
The port of Heraklion concession agreement in parliament vote

Port workers will also be given the opportunity to be employed to another legal entity in the public sector.

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  News Economy  |  Tourism  |  Other  |  Aegean islands  |  Peloponnese  |  Crete
Strong interest for holiday homes in Crete, Ionian and the Western Greece

An increase in the construction of new holiday homes is recorded by an Elxis survey with data from ELSTAT.

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  News Economy  |  Residential  |  Crete  |  Analysis  |  Residential
Cretan residential prices stable despite the increased demand in 2023

According to the "Danos Group Property Market Overviews for the 2nd Semester of 2023", average house sale prices in the Crete has been stabilising.