Greek exports decrease in October 2024

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06.12.2024

According to provisional data released on December 6, 2024, by the Hellenic Statistical Authority and processed by SEVE's IEES, a decline in exports was observed in October 2024.

Detailed shareholding structure of Premia Properties' agreement for Village

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06.12.2024

In a recent announcement, Premia Properties has provided clarifications to the Capital Market Commission regarding the agreement for the Village Shopping & More shopping center located in Renti, Attica.

New ministry of tourism regulation establishes framework for short-term rentals

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06.12.2024

The new bill introduced by the Ministry of Tourism has been put up for public consultation, continuing the Ministry's previous legislative initiatives, specifically Law 5061/2023 and Law 5121/2024.

Where Greeks and foreigners are searching to buy land

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06.12.2024

Spitogatos recently published a comprehensive report analyzing user search activity related to land acquisitions on its platform. The report offers a comparative analysis of search trends for 2024, alongside data from 2023 and 2022, highlighting several surprising and noteworthy developments in the real estate market.

The Worst Global Housing Affordability Crisis in a Decade

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05.12.2024

The aftermath of the pandemic has sparked the worst housing affordability crisis in over a decade, according to new IMF research. Rising house prices, higher mortgage rates, and stagnant incomes have significantly worsened affordability, making housing costs more burdensome than during the 2007–2008 financial crisis.

Cadastral registration process completed for the Land Registry in Trikala

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05.12.2024

Four new Kallikratian municipalities—the Municipality of Meteora, the Municipality of Pyli, the Municipality of Trikaia, and the Municipality of Farkadonos, all located within the Thessaly region—have been incorporated into the operation of the Land Registry following the completion of the cadastral registration process (Government Gazette_6606_B_3.12.2024).

Passenger traffic at Athens Airport ip 13,3% in November 2024

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05.12.2024

Passenger traffic at Athens Airport in November 2024 reached 2.15 million, reflecting a 13.3% increase compared to the same month last year.

Significant added value for refurbished residential properties in Athens

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05.12.2024

Residential renovations across most areas of Athens are proving to be a strategic investment, offering significant added value.

Luxury resort and private residences at Hinitsa Bay by Four Seasons

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05.12.2024

Four Seasons, in partnership with Hinitsa Bay Holdings, is pleased to announce plans to enhance and develop a prime beachfront property situated on Hinitsa Beach in Porto Heli. The development will be transformed into a luxury resort complemented by exclusive private residences.

Transforming Obsolescence into Opportunity: The Next Frontier in Real Estate

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05.12.2024

As urban landscapes evolve, the real estate sector faces a pivotal challenge: addressing the growing obsolescence of its assets. The recent JLL report, Opportunity Through Obsolescence, frames this issue not only as a hurdle but also as a critical opportunity to redefine value through sustainability, adaptation, and innovation. With increasing regulatory pressures and shifting tenant demands, the time for bold transformation has arrived.

BlackRock inks deal to acquire HPS Investment Partners

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04.12.2024

BlackRock has announced the signing of a definitive agreement to acquire HPS Investment Partners for approximately $12 billion.

Funding secured for disability access projects at universities in Central Greece

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04.12.2024

A significant project aimed at improving accessibility for people with disabilities in Central Greece was recently approved and signed by Regional Governor Fanis Spanos.

Alternative Income invests £2.5M in a school asset

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04.12.2024

Alternative Income REIT PLC announced that has completed the acquisition of the Champneys Beauty School, part of the Champneys Tring Spa Resort in Wigginton, Tring for £2.5 million (net of acquisition costs to the Company).

FRAPORT–DELTA– PILEAS consortium was declared the preferred investor for the Kalamata International Airport

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04.12.2024

Growthfund announced that its Board of Directors has evaluated and accepted the offer submitted as part of the tender process for the 40-year concession of the rights to administer, manage, operate, develop, expand, maintain, and exploit Kalamata International Airport “Captain Vassilis Konstantakopoulos.”

Selection of final contractor for VOAK Chania-Heraklion project expected in 2025

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04.12.2024

A two-month extension, now set for January 31, 2025, was requested and granted to GEK TERNA, the provisional contractor for the main section of the VOAK (Chania-Heraklion), through a decision by the Ministry of Infrastructure and Transport. This extension is to facilitate the completion of the finalization of the contractual documentation.