Hellenic Police revealed fraudulent scheme operating in the Greek real estate market

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19.12.2023

The Hellenic Police, and in particular the Sub-Directorate for the Protection of Property Rights, Cultural Heritage and Environment, investigated a criminal fraud against a company, under the pretext of transacting valuable property located in Elliniko suburb of Attica.

How much a holiday home costs in three popular European destinations

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19.12.2023

There are three European countries that are “perennial favorites” for people to buy a vacation home, according to Kate Everett-Allen, a CNBC's partner at real estate firm Knight Frank.

Meliá Hotels International observed consistent upward trend in Greek tourism industry

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18.12.2023

Crete and Rhodes seem to continue to dominate the markets of Germany, France, the United Kingdom, Poland and Scandinavia in 2023, here already from the beginning of the year the forecasts were particularly positive with pre-bookings from Germany for example to double in relation to 2022.

Bank of Greece: the nominal value of loans to the domestic private sector increased 25M in third quarter of 2023

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18.12.2023

In the third quarter of 2023, the nominal value of loans to the domestic private sector serviced by domestic CSFs that have been transferred to non-resident specialised financial institutions increased by €25 million.

Trastor acquires Italgas' Greek premises in “POLITEIA BUSINESS CENTER”

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18.12.2023

Trastor acquires the offices in Politia Business Center at 109-111 Mesogeion Avenue.

Lamda Development increases stake in Lamda Malls to 95,44%

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18.12.2023

Lamda Development's subsidiary company, "Lamda Malls" completes share capital increase.

Fresh incoming rules in the european regulation for energy efficiency buildings

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18.12.2023

The Commission welcomed the provisional agreement reached today between the European Parliament and the Council to reduce the emissions and energy use of buildings across the EU.

EKTER SA prepares for the 5* resort investment in Kolymbithres, Paros

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18.12.2023

EKTER announced the acquisition of 56% stake in the "Energiakos Komvos" firm, owner of the "Summer Senses Luxury Resort" five star hotel complex in Paros.

EG Group to sell all its 218 KFC franchise restaurants in the UK and Ireland

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15.12.2023

EG Group announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division.

EBRD invests in Ideal Holdings' bond issue

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15.12.2023

The European Bank for Reconstruction and Development (EBRD) announced its participation in Ideal’s bond. More specifically, the European Bank for Reconstruction and Development invested 15 million euros in the bond issue.

Prodea REIC iforms investors regarding their share in MΗV

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15.12.2023

Prodea REIC committed to inform investors on all important developments related to the REIC, declares changes on their stake in Mediterranean Hospitality Venture.

Cyber Attackers hit an average of 411,000 malicious files every day in 2023

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15.12.2023

Kaspersky’s detection systems discovered an average of 411,000 malicious files every day, which is an increase of nearly 3% in 2023 compared to the previous year.

Production Index in Construction jumps 8% in the third quarter of 2023

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15.12.2023

The Production Index in Construction (IPC) in the 3 rd quarter 2023 recorded an increase of 8.0% compared with the 3 rd quarter 2022. The IPC in 3 rd quarter 2022 increased by 20.5% compared with the corresponding index in the 3 rd quarter 2021.

Greek MPI in Industry down 13,4% in October 2023

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14.12.2023

The Overall Import Price Index (MPI) in Industry with base year 2015=100.0 in October 2023 recorded a decrease of 13.4% compared with October 2022. The corresponding index in October 2022 had recorded an increase of 21.3% compared with October 2021.

Financing solutions from home builders

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14.12.2023

Two of the housing market's biggest enemies remain mortgage interest rates and inflation. Despite high labor and land costs—especially in major urban centers—many developers are still planning to increase their footprint, with the housing market remaining at the center of global real estate well into 2024.