The housing initiative as a key challenge for contemporary urban development
Article by Vassilis Vlaseros, CEO of VITAELIn this context, the concept of the Housing Initiative is becoming increasingly significant. The term refers to actions, policies, and development initia ...
Sandblu Santorini marks the Greek debut of LXR Hotels & Resorts
Hilton’s partnership with RMKA Private Company on the new luxury resort Sandblu Santorini signifies the debut of LXR Hotels & Resorts in the Greek market. The property is expected to welcome guests ag ...
AKTOR secures PPP project for Ladopoulos Paper Mill redevelopment
The project concerns the creation of a multi-purpose cultural, social, and administrative centre that will mark a major urban regeneration for the southern part of the city and will connect the waterf ...
Short-term rentals heat up ahead of peak tourist season
Despite the overall slowdown recorded in the European Airbnb market in April, forecasts for the summer season remain particularly optimistic, with Greece ranking among the markets that continue to att ...
Bank of Greece: travel receipts jump 55.6% in March
The data is of particular significance as March was the month during which new geopolitical tensions emerged in Iran, although no direct impact on tourist flows to Greece has so far been observed. Acc ...
UK REITs deliver strong performance, but investors look elsewhere
The contradiction is striking: office leasing activity in central London is operating at a 20-year high, occupancy rates are at their strongest levels in decades, and several companies are reporting r ...
“Hercules” scheme: €71.8M in state revenues in Q1 2026
Specifically, the Greek State collected €71.8 million in fees related to the guarantees of the scheme, which serves as a key tool for reducing non-performing loans in the banking system.At the sam ...

Greek business turnover rises 2.6% in Q1
According to ELSTAT, the largest increase in turnover in the first quarter of 2026 compared with the first quarter of 2025 was recorded in the Construction sector (17.4%), while the largest decline wa ...

Europe faces a demographic turning point as birth rates fall
A steady rise in single-adult households has been recorded across the European Union, according to 2025 data. Of the EU’s 203.1 million households, the largest share consists of single-person househol ...
Bank of Greece: markets expect 0.75% rate hike in 2026
As highlighted in the analysis, until the previous month markets had been pricing in that the European Central Bank would proceed with two interest rate increases of 0.25% each (a cumulative 0.5%) dur ...
Turkish investors reduce overseas real estate purchases
According to balance of payments data from the Central Bank of the Republic of Türkiye, overseas real estate purchases fell by 18% year-on-year in March, reaching $187 million—the lowest level in the ...
Primary surplus in state budget reaches €5.175B
According to the Ministry, excluding €197 million related to the timing mismatch of payments for defence procurement programs, €593 million related to the timing mismatch of investment payments, and € ...
Financial firms fuel increased demand for office space
Recent data show that corporate leasing expansions have reached their highest level in six years, recording a clear improvement compared with the post-pandemic period. The increase is primarily attrib ...
Three in four auctioned properties priced below €150,000, new data shows
According to data from ReDataset, the data and analytics arm of Resolute Cepal Greece, a total of 11,568 property auctions have already been scheduled through November 2026.Three-quarters of these ...
EU wealth rankings: Athens missing from the top tier
The wealth ranking is based on data from Eurostat, processed by DataPulse, where EU regions are ranked according to GDP per capita in purchasing power standards (PPS), an indicator that takes into acc ...