The pandemic crisis has resulted in shifting the property buyers' profile

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12.04.2022

Prior the pandemic crisis in a "hot" real estate market there was a simple buyer profile that brokers called "buyer A" who was usually someone who had a pre-approved loan and could choose and buy a new home in a relatively short time.

Αmazon Google and DeepMind launch AI institute in Bulgaria

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12.04.2022

INSAIT, a new Institute for Computer Science, Artificial Intelligence and Technology, was launched earlier today in Bulgaria.

Noval Property announced €35.2M net profit in 2021

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12.04.2022

For 2021, Noval Property announces net profit of €35.2 million compared to losses of €1.5 million in 2020.

Aitch Group to transform a grade I listed church building into a unique work campus

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12.04.2022

The Joint Venture Partnership of boutique developer Aitch Group and privately owned property investment and development company VFund have revealed plans to restore and transform the Grade I Listed former St Michael & All Angels Church into a unique work campus – Vetus + Novum.

Changes in the issuing procedure of the Property Fee Certificates (TAP)

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12.04.2022

The regulation on how to certify the non-debt liability of Real Estate Fee in the municipalities, which had generated important hurdles in real estate transactions and had resulted in notaries to abstain from any real estate transfer; was proved a shortlived measure.

Holde Agri expands investments in Romania

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12.04.2022

Holde Agri Invest, a Romanian company operating farmland, announced the completion of the acquisition of a new farm in Dâmbovița County, Conțești commune.

The study for Andrea Papandreou Avenue refurbishment in Thessaloniki was inked

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11.04.2022

The "Study for Upgrading Road Safety and Environmental Planning Department of Andrea Papandreou Avenue" in western Thessaloniki was inked earlier today.

PGIM Real Estate invests in three office properties in Europe

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11.04.2022

PGIM Real Estate has completed the acquisition of three centrally located office properties in Amsterdam, Paris and London, on behalf of its European core strategy. PGIM Real Estate is the $209.3 billion real estate business of PGIM.

Ministrial decision suspends building permits and implementation acts in particular regions

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11.04.2022

Total suspension of construction works, issuance of building permits and freezing of implementation acts in areas where the preparation of a Special Urban Plan has been announced, was declared by the Undersecretary of Ministry of Energy Mr. Tagaras, through a new interpretative decision.

Pharmathen unveils plans to develop a new innovation hub in Attika

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11.04.2022

Pharmathen announced the creation of a new innovation hub in Attica that will be completed in 2025 with a budget of € 50 million.

The €2.6 supplementary budget to be tabled for vote in the Hellenic parliament this week

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11.04.2022

Within the week, the supplementary budget of €2.6 billion will be introduced for voting in the plenary session of the Hellenic Parliament.

HRADF extends application submission period deadline for the Attiki Odos concession tender

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11.04.2022

The HRADF has decied to extend for a few weeks the deadline for submitting an expression of interest file for the concession of Attiki Odos given the intense investment interest.

Premia Properties reports €14.6M profits in 2021

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11.04.2022

Premia Properties, during FY 2021 significantly expanded its investment portfolio, extending its activity in new sectors of the real estate market while simultaneously enhancing its capital structure via the successful, third in a row, share capital increase.

DBRS upgrades Cypriot sovereign credit rating

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11.04.2022

DBRS Morningstar upgraded the Republic of Cyprus’ sovereign credit rating on Friday from BBB (low) to BBB, and changed the trend from Positive to Stable.

KKR logistics platform acquires four UK logistics assets

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11.04.2022

KKR, a leading global investment firm, announced that Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, has acquired four UK logistics assets, located in Harlow, for £160m from TPG, a leading global alternative asset management firm, and Stoford.