Newmark agreement for refinancing logistics portfolio in the UK

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24.04.2025

Newmark Group, Inc. announced that it has arranged a £153 million loan for the refinancing of a portfolio of four key logistics assets in the United Kingdom on behalf of Brookfield and Copley Point Capital.

REITs strengthen pension fund returns

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24.04.2025

The contribution of REITs to the performance of pension fund portfolios was significant, with a reported average annual net return reaching 9.74%, according to a recent analysis by CEM Benchmarking and Nareit.

A decline in the economic climate index among CEOs in the first quarter of 2025

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24.04.2025

The general economic climate index (EASE/ICAP CRIF-CEO General Index) stood at 146 points in the first quarter of 2025, according to the quarterly survey conducted on a sample of 2,540 Chief Executive Officers and General Managers of the largest Greek enterprises by the Hellenic Association of Chief Executive Officers (EASE), in collaboration with ICAP CRIF.

Tzirakian Profil raised €3.048M through a share capital increase

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24.04.2025

The company "Solinourgia Limpar. Tzirakian Profil S.A." announced the completion of its Share Capital Increase.

Panattoni Secures €14M in financing for the expansion of Park Lublin IV

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24.04.2025

Panattoni has secured €14 million in financing from Alior Bank to advance the expansion of its Park Lublin IV development in eastern Poland.

Public debt is expected to reach 95.1% of global GDP by 2025

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24.04.2025

A recent report by the International Monetary Fund (IMF) forecasts a 2.8 percentage-point increase in global public debt, reaching 95.1% of global GDP by 2025. If the current trajectory continues, this increase is expected to rise to 99.6% of GDP by 2030.

Investors in Europe are turning to residential properties

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24.04.2025

Drawing on the perspectives of institutional investors overseeing more than €1.4 trillion in commercial real estate assets globally, this year’s Cushman & Wakefield survey underscores the Living Sector as a key strategic investment priority across Europe.

METLEN and Glenfarne seal landmark deal for Solar and Battery Energy Storage Systems in Chile

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23.04.2025

METLEN Energy & Metals S.A. (“METLEN”) and a wholly owned subsidiary of Glenfarne Asset Company, LLC (“Glenfarne”) have entered into an agreement for Glenfarne to acquire a portfolio of Solar and Battery Energy Storage System (“BESS”) assets in Chile.

Special building regime for the "gray zones" of settlements

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23.04.2025

In the introduction of a new regulatory framework, the government is taking steps to address the issues caused by the strict adherence to building limits set before 1983, which have left thousands of legally constructed buildings and areas developed in recent decades outside of current planning provisions.

Completion of studies for the Chronological Museum of Trikala

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23.04.2025

The establishment of the Trikala Chronological Museum is moving into the implementation phase, following the completion of studies funded by the Ministry of Culture's Development Operational Program, as announced.

New development law open for public consultation

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23.04.2025

The Ministry of Development has placed the draft law titled: "Sustainable Development, Productive Transformation of the Greek Economy - Amendment of Provisions of Development Law 4887/2022 'Development Law - Greece Strong Growth' - and other provisions" into public electronic consultation until May 2.

€115M compensation for Olympia Odos

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23.04.2025

A compensation of €115 million will be awarded to the concessionaire company Olympia Odos, which is owned by GEK TERNA, AKTOR Concessions, AVAX, and Vinci, for the construction of the Patras-Pyrgos highway, according to a decision by the Ministry of Infrastructure and Transport.

Council of State rules AADE circular on Airbnb rentals as illegal

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23.04.2025

The Council of State (CoS) deemed the circular issued by the Independent Authority for Public Revenue (AADE), which concerned the tax treatment of short-term property rentals (such as those listed on platforms like Airbnb), illegal and void. The circular specifically addressed the imposition of a separate professional tax on each property rented out for short-term purposes.

The Government Gazette outlines the building regulations for small settlements

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22.04.2025

With the publication of the new Presidential Decree on the delineation of small settlements in the country (Government Gazette D' 129/2025), the Greek state is launching a comprehensive urban restructuring initiative. This initiative introduces a new legal framework for settlements with populations of less than 2,000 inhabitants, which have existed since before 1983.

Greece unveils its Maritime Spatial Planning Framework

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22.04.2025

Greece is moving forward with the implementation of the National Spatial Strategy for the Marine Area (NSSMA), through which the country’s Maritime Spatial Planning (MSP) is defined and mapped.