Rising interest rates, a slowdown in the commercial real estate (CRE) market and the proliferation of remote work pose challenges for smaller firms that made risky loans to finance office buildings, the analysts said.

Family businesses bounced back after the COVID-19 pandemic.

The airport has not undergone an expansion since 1998.

Ortega, who controls 59% of Inditex, has to invest that amount within the year because of the legal and fiscal rules that govern family offices like his Pontegadea.

Construction is planned to start in the second quarter of 2023 and be completed in the beginning of 2026.

The first bid price for the specific plot is €2,633,206.40 and the auction, which will take place via E-auction.

The development has a total budget of €1M and is co-financed by the Region of Attica and the Municipality of Pallini.

This is the third EPC energy project for MYTILINEOS in the United Kingdom.

Blackstone has been an active and significant investor in Germany for more than two decades.