From Monday July 11, IPTO put into operation the electrical interconnection of the island of Skiathos via Evia.
The municipal authority is proceeding with the gradual regeneration of Athens into a modern, sustainable city with more free public spaces, modern urban equipment, infrastructure and plenty of greenery, implementing numerous renovations in the center and its 129 neighborhoods.
An important conference took place for the first time in Athens, organized by CPS, a member of the multinational group Cerved, which provides expertise and comprehensive services in the Greek and international real estate markets.
MEAG has acquired the "Strawinskyhuis" office building at Prinses Irenestraat 39-43 in Amsterdam's business district, the South Axis, from Egeria & Flow Real Estate.
Arrow Capital Partners acquired an area of 100,000 sq.m. to develop two logistics warehouses for the €3 billion Strategic Industrial Real Estate Joint Venture (SIRE) with Cerberus.
The company announced the acquisition of the owning company of “Tinos Beach” hotel by its subsidiary Attica Blue Hospitality S.M.S.A, for a total consideration of €6.5 million, financed through a bank loan and own funds.
AVAX company was nominated temporary contractor with a discount of 10.1% and a financial offer of €207,159,200 (without VAT), the competent committee of the Ministry of Infrastructure and Transport for the project entitled: "Bralos - Amfissa road section of the diagonal axis Lamia - Itea - Antirrio", totaling €285.5 million (VAT included).
PRODEA is shifting into the residential sector in collaboration with a specialized group of developers. The REIC unveils plans of enhanced residential units investments in the southern and northern suburbs of Athens for either sale or rent, expecting yields os approximately 7%.
The European Bank for Reconstruction and Development (EBRD) has successfully participated in a green bond issued by Lamda Development in Greece, investing €20 million in the total €230 million offering.
The Ritz-Carlton Moscow is changing its name after its parent company, U.S. hospitality group Marriott International, pulled out of the Russian market over the invasion of Ukraine, the five-star hotel announced earlier this week.
Piraeus Bank submitted to the Ministry of Finance an application for inclusion in the program of providing guarantees of the Greek State in securitizations of credit institutions "Heracles II".
The Technical Chamber of Greece (TEE) is initiating procedures for the utilization of the property it has on Kifisias Avenue ring in order to acquire approximately 3,500 square meters to house its premises.
Louvre Hotels Group, an affiliate of Jin Jiang International, has unveiled plans to enter the Hungarian market in the midscale segment with an 88-room hotel currently under construction in Budapest.
As part of the implementation of the Phase 1 infrastructure projects at The Ellinikon, AVAX Group proceeded with the supply of a fleet of electric cars to be used by the Lamda Development project supervision team.
The company's stake is currently below 5% of the total voting rights of Alpha Bank.