Lufthansa restructures network, removes 20,000 short-haul flights
The adjustment of the airline’s flight schedule began as early as the day before yesterday, following the announcement of the closure of its subsidiary CityLine.According to a statement issued tod ...
Baseline office fit-out costs in Athens at €850 per sqm
According to data from Cushman & Wakefield Echinox, based on the Office Fit-Out Cost Guide 2026, the average total cost of office fit-out reached €1,150 per sq.m., with the highest costs rising to ...
€1.2B invested in Europe’s serviced apartment sector
The increase in investment activity is primarily attributed to the steady rise in demand for flexible accommodation formats, as this asset class continues to outperform the broader hospitality sector. ...
New mega platform for European logistics investments
In the new structure, La Caisse will hold a 70% stake and Prologis, Inc. 30%, while governance will be shared jointly. Prologis will act as the operating partner, providing specialised expertise in re ...
Covivio takes majority in €503M real estate venture with Blue Owl
Under the terms of the agreement, Covivio retains a 51% stake, while the real estate investment funds managed by Blue Owl Capital acquire the remaining 49%. The portfolio includes the Hélios 1 and Hél ...
TotalEnergies, Masdar launch $2.2B renewable energy JV
The joint venture, in which both parties will hold equal stakes, will combine the existing onshore energy assets of the two companies into a single platform for the development, construction, ownershi ...
UPS announces voluntary exit program for thousands of drivers
The courier company announced that early retirement compensation offers will be limited to up to 7,500 drivers, as part of a settlement with the union, which had strongly opposed the company’s initial ...
European expansion on hold for Miiro Hotels
According to the company’s CEO, Neena Gupta, speaking to Skift, no new openings are planned at least until the end of 2027, as management adopts a more cautious approach following the rapid expansion ...
UK: Builders warn of rising costs and project delays
Specifically, the Home Builders Federation (HBF), representing the UK housing industry, welcomed the government’s recent interventions in the relevant regulations but emphasized that the measures are ...
Bucharest positioned as a key luxury retail hub in CEE
As noted by the real estate consultancy Cushman & Wakefield Echinox, the Romanian capital is steadily strengthening its position on the luxury retail map, supported by rising consumer purchasing p ...
A. Exarchou: U.S. LNG long-term contracts essential for Europe’s energy stability
Alexandros Exarchou, President and CEO of AKTOR and CEO of Atlantic SEE LNG Trade, emphasized that the European Union risks facing an extremely challenging energy reality if it does not swiftly move t ...
Property owners set to benefit from the 2026 FIFA World Cup
In the so-called tri-state area, the demand for accommodation ahead of the matches at MetLife Stadium is driving a dramatic increase in prices and yields. According to Bobby Roufaeal, founder of Settl ...
RE/MAX Europe: low housing satisfaction among Greeks
According to the pan-European European Housing Trend Report 2025 by RE/MAX Europe, 66% of Greeks report being satisfied with their housing conditions, marking a decline of two percentage points compar ...
Romania sees rise in real estate transactions in February
Bucharest remains the core of the country’s real estate market, recording 8,290 transactions. It is followed by Ilfov County with 3,520 transactions and Cluj County with 2,101. In practice, the Buchar ...
Jeremy Dworken of Foster + Partners discusses the new JPMorgan Chase headquarters in New York with RE+D
With a focus on sustainability, design quality, and the contribution of large-scale projects to the urban fabric, architecture is called upon to respond to the needs of the contemporary workplace and ...