Greece
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  Economy  |  Greece  |  Mixed Use
15 HPPC properties through electronic tenders

The Hellenic Public Property Company (HPPC) SA announces open tenders with the right of counter-offers for the sale of 15 urban properties in Athens and Thessaloniki.

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Pasal is renamed to Premia Properties

The company PASAL Development changed its name to "PREMIA SOCIETE ANONYME" after a relevant decision of the Extraordinary General Meeting of the shareholders of the listed company that took place today via the internet.

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  News Economy  |  Greece
EBRD and Intrum invest in Piraeus Bank’s NPE portfolio in Greece

The European Bank for Reconstruction and Development (EBRD) and Intrum Holding AB are jointly investing in an unsecured non-performing exposure (NPE) portfolio originated by Piraeus Bank, one of the leading banking groups in Greece.

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Premia Properties builds its portfolio with a Swedish "air"

The value of the portfolio of Premia Properties, previously known as Pasal Development, is expected to reach € 200 million, from its current € 110 million.

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Hines, Henderson Park buy residential development site in Athens

Intend to deliver the residential-for-sale project in phases over the next four years.

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  News REIC  |  Greece
End titles for the Kallitsantsi administration in Ellactor

During the General Meeting of the listed company the shareholders proceeded to vote against the first two items of the agenda, which concerned the reduction and increase of the share capital of ELLAKTOR, while the proposal of the Dutch for the appointment of a new management "passed" with a percentage of 61.27%.

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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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"Green Light" for Asteria Glyfada's privatization

The environmental impact report was approved by authorities, although regional dwellers raise arguments on investor's intention to constraint access in the area.