The Hyatt subsidiary has entered into a franchise agreement with Thera Island Suites S.A., owner company of Magma Resort Santorini, managed by Athens-based SWOT Hospitality, to open the first Hyatt-branded resort in the Greek islands.

Invel Real Estate, the real estate investment and asset manager focused on south-east Europe and other selected European markets, has completed the refinancing of the facilities used to acquire its 95% share in PRODEA Investments SA, the largest REIT in Greece.

The Cretan Investments Group Hellas proceeded with the acquisition of the Village Resort & Waterpark hotel unit in Heraklion, Crete.

Economic growth, inflation and nominal interest rates remained relatively low and stable across Europe in the past 15 years, but the global pandemic and the war in Ukraine have changed this picture. Higher interest rates and higher inflation are here to stay for a while, representing a challenge for listed real estate. But the industry is well prepared for it, according to EPRA.

Europa Capital, the pan-European real estate investment manager, in partnership with DeA Capital Real Estate France, announced the launch of the French Light Industrial Platform on behalf of its value-add fund, Europa Fund VI with a strong commitment on ESG framework and sustainable properties.

STAY by Kronos, the Build to Rent (BTR) platform by Kronos Real Estate Group and Nuveen Real Estate, has acquired two plots of land in Madrid and Barcelona to develop over 600 new homes under its innovative premium rental housing model.

The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of all enterprises and sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for May 2022.

Following the relevant announcement on October 16th, 2020, National Bank of Greece informed investors that it has completed the disposal of its 100% stake in a Cypriot Credit Acquiring Company to Bain Capital Credit.

Greek architectural studio has designed a hotel in Fira on the island of Santorini using entirely vegan materials and fittings.

The Global Real Estate Transparency Index (GRETI), produced jointly by JLL and LaSalle Investment Management, has been charting the evolution of real estate transparency across the globe since 1999.

Noval Property has been awarded a new certification for the "Butterfly" office building in Chalandri.

CERO, a Macquire's subsidiary has announced €80million investment for the construction of a 100 megawatt photovoltaic park in Prosotsani, Drama. The park shall be the first in the Greece to operate under the so-called PPA (Purchase Power Agreement, bilateral energy purchase contracts).

Brown Hotels enhance its presence in the Greek market with another Brown luxury resort in Eretria, its first all-inclusive hotel in Evia.

The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time — and brokers say demand and prices are headed even higher into the fall.

Orama Ventures LLC announced the development of an advanced air mobility network in Europe in collaboration with AKTOR SA.