Aldemar group finalises agreement to sell its hotels in Crete to Mitsis Group

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02.06.2022

Aldemar group finalised the agreement to sell the 5-star Aldemar Royal Mare hotels and the 4-star Aldemar Cretan Village hotels in the Crete Peninsula (interests of the Angelopoulos family) to the Mitsis Group. The purchase price was not disclosed but according to souces familiar with the transaction amounts to c.€90 million.

ELVALHALCOR issues two common bond loans

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02.06.2022

ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INSDUSTRY S.A announced the issuance of two common bond loans.

Ardian disposes of RIO office building to M&G

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02.06.2022

Ardian, a world-leading private investment house, announced it has sold RIO, a prime office building in the prestigious Monceau Business Area of Paris, to M&G, a global investment manager.

Huge deal in the european student housing sector sealed

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02.06.2022

Xior Student Housing has signed a deal with Basecamp Group, European Student Housing Fund I and European Student Housing Fund II to purchase Basecamp's portfolio of private student accommodation for €939 million.

EPSILON NET Group acquires majority stake in TAXHEAVEN SA

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02.06.2022

NET Group declares a partnership to create the largest knowledge management systems platform to fully support the digital transformation of businesses.

The world’s first project of its type to achieve the very highest environmental BREEAM

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02.06.2022

Vestre has completed the world's most environmentally friendly furniture factory, The Plus.

ECB: interest rate on loans for house purchase increased

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02.06.2022

The composite cost-of-borrowing indicator, which combines interest rates on all loans to corporations, remained broadly unchanged in April 2022.

NBG approves the draft demerger deed for the spin-off of its Merchant Acquiring Business

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01.06.2022

The National Bank of Greece (“NBG”) announced that the Board of Directors approved the draft demerger deed for the spin-off of its Merchant Acquiring Business and its contribution to a newly established company, NBG Pay S.M.S.A (“NBG Pay”).

ERGOSE is to declare the next phase of the proceeds for six pending railway development tenders

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01.06.2022

The second phase of the six tenders for the largest railway project in the history of the country, amounting to € 4 billion, is expected shortly.

Noval declared the 1st interest payment period of its Green Bond

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01.06.2022

The date of determination (Record Date) of the beneficiaries of interest of the Bond Loan for the 1st interest period is Friday 03.06.2022.

Greek office prime yields soar in the 1Q2022

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01.06.2022

Rents in the first quarter of 2022 have been increased relative to the previous quarter in the office, retail and supply chain sectors for the first time since the start of the pandemic, with yields being squeezed for the second consecutive quarter.

Financial analysts have particuarly focused on Alpha Bank's 1Q2022 resutls

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31.05.2022

Alpha Bank’s performance has been strong and financial results reveal the strengths of the Greek franchise, according to the bank's statement.

Request for adjustments in the building restrictions for plots that span less than 4 acres

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31.05.2022

POMIDA has adressed a request for the reconstruction of the land plots that span less than four (4) acres to the competent ministers.

Objections against forest maps submission deadline has been extended

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31.05.2022

An extension until July, 15 was granted by the Ministry of Environment and Energy for objections submission with regards to the forest maps.

Greek minimum wage purchasing power has been diminished by 18%

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31.05.2022

"The combination of the effects of the pandemic, the precision and the geopolitical developments caused by the Russian invasion in Ukraine, are generating new turbalence in economic and social instability."