Fattal acquires a Zeus International’s hotel brand
The 4* hotel Principe di Lazise Wellness & Spa, Fattal bought from Bain Capital for €25 million (€197,000 per room) according to information from the consulting company HVS
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The two coming years shall be critical for establishing Greece on the map of luxury real estate
During the first months of 2023 the global luxury real estate market has moved on the trajectory that has been prescribed since the middle of the previous year.
The CRE market faces headwinds that could hobble small banks
Small U.S. lenders that have outsized exposure to office loans could become the next group to face strains after bank failures roiled financial markets this month, according to analysts.
Three different speeds of growth in the Greek office market
Market rents for offices in the first quarter of 2023 are on the rise, but clearly more moderate, compared to a year ago, for typical, middle-aged properties, on main road axes and in the center of At ...
The cadastral charts from the Mortgage Offices are online effective today
As of today the issuance and granting of extracts from the cadastral charts (AKD) from the books kept in the Rented Mortgage Registries that operate as Cadastre Offices, will available to interested p ...
Family businesses globally have enjoyed double-digit growth in 2022
The notion of how to build trust in business is changing—fundamentally and rapidly. For everyone—including customers and employees—issues like environmental, social and governance (ESG) and diversity, ...
NTUA students visited the wires of Milos sight
The educational visit to Milos, which was organized by the School of Architecture and Engineering of the National Technical University of Athens, has ended.
Lebanon to construct new terminal at Beirut airport
Lebanon will construct a $122 million terminal at Beirut’s Rafik Hariri International Airport to be operated by a leading Irish airport company when it’s completed in four years, officials said Monday ...
Ortega’s coffers with ever-increasing flows challenged by reinvestments
Spanish billionaire Amancio Ortega has a problem most of the world’s super-rich don’t.
The Ministry of Finance is revising upwards the growth rate of the Greek economy
The Ministry of Finance is revising upwards the growth rate of the Greek economy for 2023 to 2.3% from 1.8% of the budget forecast.
Project Tethys hotel portfolio of 72 units disposed off
Intrum Hellas announced the sale of a portfolio of 72 hotel units with a legal claim of €254 million (Project Tethys) to the consortium SMERemediumCap / Latonia Enterprises Company Limited – Athanasio ...
Skanska builds apartments in Helsinki, Finland
Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland. The contract is worth EUR 50M, about SEK 560M, which will be included in the Nordic order bookings ...
Riviera’s landplot in Kifissos is up on market with 20% discount
With a new 20% reduced price will hit the market the unique property of the Riviera Real Estate and Construction Company in Kifissos in Athens, next to the Sepolia metro station.
Overall Material Costs Index in the Construction of New Residential Buildings plunges 10,1% in February
The Overall Material Costs Index in the Construction (CSTM) of New Residential Buildings in February 2023 recorded an increase of 10.1% in comparison with February 2022.
Moody’s upgrades the Municipality of Athens rating to positive from stable
Moody's Investors Service ("Moody's") has changed the outlook on the City of Athens' ("Athens") rating to positive from stable, while affirming the local and foreign currency long-term issuer rating o ...