The Electronic Real Estate Transfer File process will be comprised in the NextGeneration EU

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23.05.2022

The decision to have the "Electronic Real Estate Transfer File" project been comprised in the National Recovery and Resilience Plan “Greece 2.0”, which is funded by the European Union - NextGeneration EU, was signed by the Deputy Minister of Finance Mr. Skylakakis.

La Française REM acquires residential complex on behalf of PFA

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23.05.2022

La Française Real Estate Managers (REM), acting on behalf of PFA, a Danish pension fund, has signed a forward purchase agreement with Interconstruction and BNP Paribas Immobilier, for a residential real estate complex located rue Paul Bert in Courbevoie, in the Hauts-de-Seine (92).

Lamda Development inks deal to purchase Värde' stake in LAMDA MALLS

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23.05.2022

LAMDA DEVELOPMENT S.A., in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, announced that it signed on 20.05.2022 an agreement to purchase a minority stake (31.7%) in its subsidiary LAMDA MALLS S.A., held by Wert Blue S.a.r.l, a 100% subsidiary of Värde Partners, for a cash consideration of €109million.

Increased cash and income for PREMIA Properties in the 1Q2022

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23.05.2022

PREMIA Properties announced its financial results for the period from January 1st to March 31st, 2022.

Particular investment interest observed for decayed residential properties in Greece

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20.05.2022

In recent years, Greek buyers have turned to properties that offer goodwill and are safe investment options, but continue to look for opportunities for both home ownership and rental housing.

Allianz RE acquires the iconic Pershing Hall from MARK

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20.05.2022

Allianz Real Estate has acquired MARK's flagship mixed-use development in Paris acting for several companies of Allianz Group.

Cenergy Holdings reports €300M revenue in the 1Q2022

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20.05.2022

According to the company's official press release there was observed a solid start to the year with improved profitability and revenue.

Ηighest inflation rates reportedly strongly correlated with relocations in the U.S.

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20.05.2022

The relationship between migration and inflation has strengthened significantly as more people in the US relocate from expensive coastal cities to more affordable metro areas, according to an analysis released by Redfin, the real estate broker.

Deloitte: Gen Z and Millennials' greatest concern is the cost of living

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20.05.2022

Deloitte’s Gen Z and Millennial Survey connected with 14,808 Gen Zs and 8,412 millennials across 46 countries. Their responses present a picture of vivid contrasts, as these generations strive to balance their desire to drive change with the challenges of their everyday lives.

Votanikos double redevelopment project again in turbalence

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18.05.2022

The so called "Double Regeneration" of the Votanikos and Alexandras Avenue is currently ahead of another hurdle following the decision of 59 members of the Amateur Panathinaikos that denied the ratification of the decision of the General Assembly of FC which took place on March 30 and had approved the three contracts of the project and the "transfer" of the club to the new football stadium and the new facilities of the Group.

The seasonally adjusted Greek unemployment rate in March 2022 reached 12.2%

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18.05.2022

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for March 2022.

Arts, Entertainment and Recreation enterprises recorded the biggest increase in turnover in the first quarter 2022

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17.05.2022

According to ELSTAT enterprises' turnover in the first quarter 2022 amounted to 88,283,509 thousand euro, recording an increase of 33.5% in comparison with the first quarter 2021.

Hilton launches new hotel in San Sebastian, Spain

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17.05.2022

Hilton has confirmed plans to open its first hotel in San Sebastián, Spain, following a franchise agreement with Sociedad Anónima Deportes y Espectáculos, S.A. -a wholly owned subsidiary of Grupo SADE.

Plenty funds available for real estate investments in Greece, Ten Brinke executive noted during the 15th REDBF

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17.05.2022

Mr. Fotis Gioftsios, President & CEO of Ten Brinke Hellas, has signaled optimistic developments for investments in the Greek real estate industry, speaking in the 15th RED Business Forum. Mr. Gioftsios noted that in the short run there will be available investment funds in the market not only from banks but also by private investors.

Redevelopment works in Vasilissis Olgas Avenue

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17.05.2022

Vasilissis Olgas Avenue redevelopment study has been approved by a majority by the Municipal Council of Athens.