Barings, one of the world’s largest diversified real estate investment managers, has acquired a sizeable office in Berlin’s central Mitte district for a pan-European core strategy.

IHG Hotels & Resorts has signed 10 new properties across the Iberian Peninsula.

Hilton has today confirmed plans to open two hotels in Athens, as part of a management agreement with affiliates to SCD Group LTD.

MERKUR Development Holding GmbH has started construction of 42 apartments in Frankfurt-Niederrad.

Piraeus Financial Holdings announced that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting.

PJ Tech Catalyst Fund, a seed stage technology fund operating out of Athens, Greece and backed by the European Investment Fund and Piraeus Bank announced that its portfolio company Pollfish has been acquired by Prodege, a cutting-edge marketing and consumer insights company based out of El Segundo, California.

The strong economic recovery supports the recovery in the real estate markets and the downside risk can only arise from higher inflation or a resurgence of the pandemic, CBRE points out in a recent;y published report regarding the German real estate market.

Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s share continued to rise, according to data released by Eurostat.

In the fourth quarter 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat.

In December 2021, the monthly net flow of credit to corporations was positive by €1,832 million, compared with a positive net flow of €538 million in the previous month; the annual growth rate increased to 4.3%, from 4.0% in the previous month according to data unveiled by the Bank of Greece.

In December 2021, the euro area seasonally-adjusted unemployment rate was 7.0%, down from 7.1% in November 2021 and from 8.2% in December 2020.

Azora, the Madrid-based Global private equity real estate manager and Spain’s pioneer and largest manager of purpose-built rented residential assets, announced that it has signed an agreement with a global institutional investor to create BRISA, a new vehicle focussed on build to rent residential developments across Spain.

VGP, a pan-European provider of high-quality logistics and semi-industrial real estate, enters the Greek market with the opening of an office in Athens and appoints Stratos Iliou as Country Manager for VGP Greece.

There is scope for expanding the frontier of private investment possibilities in Greece through structural reforms and sound macro-financial policies.

Heatherwick Studio was commissioned to design an apartment building in the historic Newton district of Singapore.