Electricity suppliers' debts of the IPTO are at historical low, as of the end of 2021. The total debt reached €2.3 million, the lowest amount since the establishment of the company.
Balearic authorities have passed a law that will ban the creation of new hotels and other tourist accommodation on the popular holiday islands until at least 2026, as part of a bid to engage a new model of tourism that values quality over quantity.
A large increase of 223.6% was recorded by the provisional statistics of the CAA for passenger traffic at airports in January 2022.
The index of business expectations in the industry increased in January 2022 to 116.8 points (from 109.1 points in December 2021), significantly higher than the corresponding level last year (94.9 points) and at a historically high level of many years.
The REIC announced the completion of the acquisition of a property located in Paradeisos Amarousiou, Attica.
The interest for the next day of the urban developments in the country is strong after the change of philosophy that the big Project of Hellinikon has been trying to promote.
Apart from creating workplaces in homes, the coronavirus pandemic that changed the data at work and entertainment two years ago also restored the habit of a bar in the house.
KGAL Investment Management GmbH & Co. KG has acquired two mixed-use buildings – "Stéphanie Plaza" and "Stéphanie Square" – in a prime location in Brussels, on behalf of a pan-European fund.
Sonae Sierra and Grupo Ferreira have created a 50/50 partnership to develop a state-of-the-art office complex in the Business Zone of Porto in Portugal, benefiting from a privileged location, with good access to the motorway, an excellent public transport network, private parking and outdoor green spaces.
The Technical Chamber of Greece (TEE) announced the tender for the digitization of building permit files.
TERNA S.A. proceeded to the signing of the agreement for the construction of a sixth power generating unit at Vasilikos station with the Cyprus Electricity Authority (EAC).
More people are booking longer-term rental stays because of flexible working arrangements as a result of the pandemic, says Airbnb CEO Brian Chesky.
"Many businesses have already been facing severe issues with the cost of energy now exceeding that of rent in many cases."
A joint venture of Mace with Jacobs, has been picked to manage Greece’s largest ever urban project “The Ellinikon”, comprising a two million sqm coastal park, plus residential, retail and commercial spaces to regenerate the former Athens airport and the neighbouring sea front.
The company discussed the cooperation of IPTO in the implementation of the Cyprus-Crete electricity interconnection, as well as the further participation of the Administrator in the project, with the Minister of Energy, Trade and Industry of Cyprus Natasa Pileidou and representatives of the project implementing body, Euroasia Interconne.