The deal also marks a broader resurgence of foreign capital in Manhattan, particularly from the Gulf region.

Purpose-Built Student Accommodation (PBSA) facilities are gaining market share, offering strong returns and a sustainable profile, according to Hines.

The Social Climate Fund will have a budget of €4.7 billion.

According to the CEO, the project encountered significant challenges, including extensive bureaucracy, complex licensing procedures, and the lasting repercussions of the decade-long economic crisis.

Airbnb is testing this feature as affordability is a top priority for guests, according to the company.

Rapid rental recovery is being observed in office spaces across European city centers.

The project is led by the School of Civil Engineering at the National Technical University of Athens (NTUA), with MedINA serving as one of the 53 implementation partners.

The works are progressing using specialized techniques.

The project’s budget, amounting to €4 million, is funded entirely by municipal resources.