One of Kalambaka's best known four star hotels is to be auctioned on 11/1/2023

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30.12.2022

One of Kalambaka's best known four star hotels is going is to be auctioned on 11/1/2023.

Deposits placed by the private sector down by €591M in November 2022

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29.12.2022

Deposits placed by the private sector decreased by €591 million in November 2022, compared with a decrease of €550 million in the previous month.

Prodea Investments completes merger through absorption of 100% subsidiaries

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29.12.2022

Prodea Real Estate Investment Company (the “Company”) informed the investing public following its announcement on 18.11.2022 in relation to the decisions of its Board of Directors dated 30.09.2022 and 11.11.2022 and the decisions of the Board of Directors of its 100% subsidiaries «ILDIM S.M. P.C.»,

The Greek State raises €487,5M through 6m Tbills auction

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29.12.2022

During the auction of EUR 375 million of 26W T-Bills conducted today, the total bids reached EUR 998 mln and the amount finally accepted was EUR 487.5 million

Deadline extention for submitting supporting documents for arbitrary constructions

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28.12.2022

The deadline for the completion of the electronic submission of the supporting documents for the inclusion in the laws of settlement of arbitrary is extended in accordance with the provisions of Law 5007 (A΄ 241/23.12.2022 - article 108, §1&2).

Greek police dismantles a real estate gang for fraud in the local industry

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28.12.2022

A ganag that committed frauds and forgeries against property owners and prospective buyers, was dismantled by the Property Rights Protection Department of the Attica Security Directorate.

Prodea acquires Viva Wallet headquarters based in Marousi, Attica

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28.12.2022

Prodea Investments announced the acquisition of a modern office building located at 18-20 Amarousiou-Chalandriou street in Marousi Attica from Viva Wallet. The main tenant of the property is the company Viva Wallet.

Alpha Bank launches digital solution for corporate expenses management

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28.12.2022

Alpha Bank -that has always pioneered the design of advanced digital solutions to improve customer experience- has recently created and launched bizpay – the only integrated digital solution for the management and registration of corporate expenses from a bank in Greece.

Piraeus agrees to sell the Sunshine and an NPEs portfolio to Bain Capital

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27.12.2022

Piraeus Financial Holdings announces that its subsidiary Piraeus Bank S.A. (“Piraeus” or the “Bank”) has reached an agreement with Bain Capital Credit, for the sale of 100% of the Group’s leasing subsidiary Sunshine Leases (“Sunshine”), including a, classified as held-for-sale portfolio of leasing Non-Performing Exposures (NPEs), of a gross book value of €0.5bn as at 30.09.2022 (the “Transaction”).

2023 first business deal is set to take place in the Greek shipping industry

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27.12.2022

The first business deal of the new year for 2023 refers to the domestic shipping industry, following the decision of a Piraeus bank's subsidiary Strix Holdings to acquire a majority stake in Attica Group from MIG, by buying the company's common debentures.

ERGOSE's mega project that is expected to remarkably contribute the freight transportation sector

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27.12.2022

The Greek-Bulgaria cross-border project "Sea2Sea" essentially envisages the development of a European railway corridor that will connect the ports of Thessaloniki, Kavala and Alexandroupolis, with their counterparts on the Black Sea (Bourgas and Varna) and the Danube (Rousse).

Londoner homeowners keep on leavind the city's center in 2022

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27.12.2022

Fewer Londoners looked to leave the city in 2022 than they did last year, tethered by a general return to the office, according to a report from Hamptons.

Upgrading works in the Region of Central Greece's road network

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27.12.2022

The contract for the project "Maintenance of the National and Provincial road network in the area of the Municipalities of Lokre, Amfikleia - Elateia and Kamena Vourla" was recently signed by the Region of Central Greece with an initial budget of €950,000.

Turkey discoveres 58B cubic meters of natural gas in the Black Sea

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27.12.2022

Turkish President Recep Tayyip Erdogan announced the discovery of another 58 billion cubic meters of natural gas in the Black Sea.

Repurposing existing stock from one sector to another shall be a key in year's to come

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27.12.2022

Real estate leaders are finding political instability and economic uncertainty is replacing the worries of the pandemic. 2023 will be defined by real estate investors prioritising long-term stability and a renewed focus on how the industry conducts its business according to PwC and ULI' "Emerging Trends in Real Estate, Europe 2023".