ELLAKTOR Group returns to profitability after 11 consecutive loss reporting quarters

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31.05.2022

ELLAKTOR Group reported after tax profit after 11 loss making quarters according to the group's official press release. Earnings After Tax (excluding one-off charge) reached €14million for Q1 2022 Break-even at the operating profitability level for AKTOR SA.

Urbanisation seems to be transforming the logistics sector

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31.05.2022

“The Future of Transportation & Logistics” survey conducted by KPMG in Greece, explores the sector structure, size and growth, financial trends and the different types of services offered. It provides an overview and comparative analysis of the key market players, the main barriers for new entrants and the expected future investment in the sector.

Buildings are critical to the energy transition

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31.05.2022

Climate risk is the biggest disruptor to established cities. The urbanized Global North has a huge retrofit challenge, according to JLL's recently unveiled "Decarbonizing Cities and Real Estate" report.

Wyndham top executive unveils plans to further expand the brand' presence in Greece

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31.05.2022

Wyndham Hotels & Resorts is planning to further expand its portfolio in Greece by increasing the number of its hotels from 10 to 25 over the next three years, the group’s President for Europe, Middle East, Eurasia and Africa Dimitris Manikis announced during the 1st International Business and Hospitality Forum.

EBRD invests €31,5M in Dimand JV

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26.05.2022

The EBRD invested €31.5 million in a joint venture (JV) with Dimand, a leading Greek real estate developer and construction services provider with a 15-year record of successfully delivering brownfield regeneration projects.

HPPC declares tender to long-term lease the Oceanida in Akti Vouliagmenis

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26.05.2022

The Hellenic Public Properties Co. (HPPC) declared an electronic Open auction (e-auction), through its electronic platform, www.e-publicrealestate.gr, for the long-term lease of its tourist property Oceanida in Akti Vouliagmenis.

Premises of the former Ladopoulos Paper Mill will be refurbished through a PPP

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26.05.2022

The project for the development of the former Ladopoulos Paper Mill with the contracting authority of the Region of Western Greece, was approved by the Interministerial Committee for Public-Private Partnerships (PPP).

Greek real estate ownership value soars to €761,38B according to AADE

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26.05.2022

Greek real estate property amounts to €761.38 billion is being owned by 7,206,608 natural and legal entities, according to the 2022 ENFIA statistics that were published by AADE.

Sunlight Group secures €125 financing through syndicated loan

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26.05.2022

Sunlight Group, member of the international investment “Olympia” Group, announced the signing of a €125m syndicated loan with two Greek systemic banks, Eurobank and Alpha Bank.

Premia Properties inks strategic cooperation with Doukas Schools

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26.05.2022

PREMIA PROPERTIES announced the signing of a strategic cooperation with Doukas Schools according to which, PREMIA will acquire the school premises in Marousi-Attika along with a long-term fifteen-years leasing agreement providing the right to repurchase and continue to operate Doukas Schools.

Warehouse REIT and Panattoni to deliver major logistics park in the North West

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26.05.2022

Warehouse REIT, the urban and 'last-mile' industrial warehouse investor, has entered into a development agreement with Panattoni, the largest logistics real estate developer in Europe, to bring forward the development of up to 2 million sq ft at its logistics hub at Radway Green, in Crewe.

Airbnb reportedly exits China

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24.05.2022

All mainland Chinese listings, homes and experiences, will be taken down by this summer, but Airbnb will continue to maintain an office in the country to focus on outbound travel.

An ELECTOR and MESOGEIOS SA consortium bids for the WMU in Grammatiko

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24.05.2022

The ELECTOR and MESOGEIOS SA consortium is the one that meets the technical requirements in order to have its financial offer for the construction of the Waste Treatment Plant in Grammatiko been accepted, according to EDSNA, the entity responsible for the relevant tender.

The largest urban park in the Mesogeia will be developed in Penteli

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23.05.2022

In the periphery of Penteli suburb of Attica and in an area that had suffered severe fire damages 25 years ago, an urban park will be developed that aspires to become the largest municipal grove in the Mesogeia.

Contracts inked for two new Waste Treatment Units in the Ioanian islands

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23.05.2022

Two new contracts for the construction of Waste Treatment Plants (WAS) in Chios and Kefalonia were signed this week, in the presence of the Secretary General of Waste Management Coordination of the Ministry of Environment and Energy, Manolis Grafakos.