American real estate professionals visit Evros to explore the region's investment potential

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04.10.2022

Alexandroupolis was the first stop of an eight-day trip to Greece of a large delegation of American real estate professionals from the State of Illinois.

Noval declares full refinancing of the Green Bond Inbox

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04.10.2022

NOVAL PROPERTY REAL ESTATE INVESTMENT COMPANY announced that, on 03.10.2022, the Company proceeded to the full refinancing of the common secured Bond Loan (BL) dated 21.04.2015 between the Company and “ALPHA BANK S.A.”,

JLL:New Markets emerge from Changing Distribution Patterns

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04.10.2022

In recent years, challenges to the logistics sector, such as Brexit, Covid-19 lockdowns and the war in Ukraine, have caused a ripple effect through global and regional supply chains. In this fast-changing environment, diversification strategies are essential for maintaining optimal inventory levels in Europe.

Greek REICs invest in offices and commercial assets in the first half of 2022

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03.10.2022

In the first half of 2022 Greek REICs invested c.198 million euros despite the uncertainty in the global real estate market due to increased inflation and geopolitical tension.

Rural road construction works of €500,000 budget in Ioannina

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03.10.2022

The tender process opens for the project to improve access to agricultural land and livestock holdings, which was included in the Ministry's 2014-2020 Rural Development Program.

UK government quits plan to cut tax on high earners

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03.10.2022

The U.K. government on Monday reversed a plan to scrap the top rate of income tax, after a public backlash and major market turbulence.

HRADF: Initiation of the process for the development of the Volos Port Authority

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03.10.2022

HRADF, a member company of GROWTHFUNG – The National Fund of Greece, announced the commencement of the process for the development of the Volos Port Authority (V.P.A. S.A.), with the posting on the Fund’s website of a brief description of the project and the terms of the international tender for the sale of a majority stake of the company’s share capital.

The seasonally adjusted Greek PMI posted 49.7 in September

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03.10.2022

Operating conditions deteriorated across the Greek manufacturing sector in September, according to the latest PMI data from S&P Global.

Lamda reports €10.5M fair value gain from the revaluation of The Ellinikon Investment Property

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30.09.2022

LAMDA Development' H1 2022 consolidated net results, after taxes and minority interest, amounted to €22.2m loss, vs. €224.6m profit in the respective period in 2021.

Blé Kedros REIC reports significant increase in turnover in the 1h2022

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30.09.2022

A significant increase in turnover (rental income) was recorded by Blé Kedros REIC during the 1st half of 2022 with the figure reaching to € 3.059 million versus € 1.501 million in the same period in 2021.

Greek inflation rate soars above 12% in September

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30.09.2022

Euro area annual inflation is expected to be 10.0% in September 2022, up from 9.1% in August according to a flash estimate from Eurostat, the statistical office of the European Union.

Zillow expect a buyers market by 2023

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30.09.2022

Sky-high mortgage costs are driving down competition among home shoppers, and a market firmly in favor of buyers is expected next year, according to a majority of economists and housing experts polled in the latest Zillow Home Price Expectations Survey.

DIMAND acquires a 35,5 hectares logistic property in Thessaloniki

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30.09.2022

DIMAND has acquired, through its subsidiary “APELLOU ESTATE SMSA”, land with a total area of 35,5 hectares, at the 15th kilometer of Thessaloniki-Edessa, formerly owned by the company “BALKAN REAL ESTATE S.A.”, for a total price of €6 million.

Real estate property prices are expected to keep their upward trend according to newdeal Academy report

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28.09.2022

42% of those who have a property for sale are optimistic about an upward trend in real estate prices, since they believe that real estate prices will continue their upward trend in the near future, according to a survey by the newdeal real estate Academy in collaboration with the Education Workshop and of Accounting Applications of the National Kapodistrian University of Athens (EKPA).

Leroy Merlin unveils plans to develop 35.000sqm of new warehousing space

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28.09.2022

LEROY MERLIN has announced two new fast-moving warehouses in Athens and Thessaloniki, that will serve both store supply and e-shop orders.