The digital process for reducing ENFIA for natural persons' residences, insured for natural disasters, begins on Friday, February 2.

Geopolitical events and high inflation rates caused commercial real estate investors to remain cautious and distant in 2023.

Eurobank acted as the event coordinator, and Eurobank and Piraeus Bank served as co-organizers for the signing of the syndicated financing of Phoebe Energy Sole Proprietorship S.A. This subsidiary of PPC Renewables completed the financing as part of the National Recovery and Resilience Plan known as "Greece 2.0".

According to IOBE data, Greek economic sentiment index has improved in January 2024, with a reading of 107.2 points, up from 105.8 points in December 2023. Meanwhile, in the rest of Europe, the corresponding indicators have remained constant on average.

Mytilineos completed the acquisition of Imerys Bauxites.

According to Eurostat data, the annual inflation rate in Greece dropped to 3.2% in January.

Frigoglass Group announced that Serge Maurice Charles Joris, a seasoned and visionary executive with significant global experience, joins its senior leadership team as Group CEO. Mr. Joris starts his tenure on Thursday, 1 February 2024, taking over from Manos Metaxakis, Group CFO, who in September 2023 assumed the additional responsibilities of General Manager – Interim.

A new study by Piraeus Bank refers to the huge "gap" that exists in the domestic real estate market between supply and demand.

The Fourlis Group has made a strategic move by utilizing its subsidiary Trade Estates REIC.

The acquisition of the industrial complex in Piraeus 260 (previously known as the Tsaoussoglou Factory) from the Ministry of Culture, along with the transfer of ownership from the National Bank, has been successfully completed. The complex spans over an area of 31,687 sq.m. and features 15 buildings, most of which have been designated as monuments.

Parsons Corporation has undertaken, through a contract with the Metropolis of Marseille and Aix-en-Provence (Aix-Marseille Métropole), the design and project management/construction of the Marseille Metro 10-year plan to improve and expand the passenger rail systemic.

A historic high was reached in 2023 for clean electricity production in Greece, with 57% of the energy mix coming from Renewable Energy Sources (air, solar) and hydroelectric units, exceeding 25 TWh.

The contract for the construction of the new office complex in Maroussi was signed between TERNA S.A. (100% subsidiary of GEK TERNA Group) and THE GRID S.A. (a joint venture of NOVAL PROPERTY and BROOKLANE), with a total budget of 96.5 million euros.

In December, short-term rentals (STRs) in Europe hit a new record high with 26.7 million nights, which is 14.5% higher than 2020 and 17.5% higher than 2019.

MIG purchases of offices of total net leased area of 1,128 sq.m. in a commercial building.