Economy
Share Copy Link
  Deals  |  Economy  |  International
Great Portland Estates acquires Whittington House

The building is currently let on a short-term basis, at an annual rent of c.£5.2 million with vacant possession expected in Q1 2025.

Share Copy Link
  News Economy  |  Greece
Greek CPI at 2,4% in October 2024

The Overall CPI remained unchanged in October 2024, compared with the corresponding index in September 2024.

Share Copy Link
  News Economy  |  Office  |  Europe  |  Analysis  |  Office
Banks in the euro region have about €1.3T exposure to CRE debt

The ECB has been studying the risks that the CRE downturn is posing to banks after a downturn triggered by rising rates.

Share Copy Link
  News Economy  |  Laws  |  Greece
Changes that the new bill brings in the real estate market

The draft law of the Ministry of National Economy and Finance in public consultation.

Share Copy Link
  News Economy  |  Greece
Debit and credit card payments in Greece hit record high

Average transaction value decreased.

Share Copy Link
  News Economy  |  Greece
Economic climate in Greece deteriotes in October 2024

Tourism also contributed positively in October.

Share Copy Link
  News Listed  |  Economy
 Piraeus Bank reports improved financial figures for the nine months to September 2024

In the nine months it announced historically high adjusted net profits at €932 million.