Final notice to Ble Kedros REIC to demolish the top floors of Coco Mat hotel

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17.11.2023

The case of the Coco Mat hotel, owned by Ble Kedros REIC, in Acropolis is taking a new turn.

New laws to regulate real estate purchases in Greece

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16.11.2023

The draft law “Measures to limit tax evasion” that aims at handling issues of tax evasion in the country, was set by the Ministry of National Economy and Finance in public consultation, until Monday November, 27th.

European office occupancy rates keep going up

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16.11.2023

The average European office occupancy rate has increased from 55% in February 2023 to 57% in September 2023, still falling behind the pre-pandemic average of 70%

Greek Ministry of Justice inks contract for the development of the new Piraeus Courthouse premises

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16.11.2023

The Greek Ministry of Justice inks contract for the construction and purchase of the new building of the Piraeus Courthouse, through the Judicial Buildings Financing Fund (TA.X.DIK.).

Global lodging industry to remain resilient in 2024

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15.11.2023

A survey with the participation of global hotel investors was conducted by international consulting firm JLL, aiming to understand their evolving investment appetite, expectations around the industry’s recovery timeline and industry outlook.

Prodea Investments merges through absorption with three of its subsidiaries

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14.11.2023

Prodea announced the absorption of its three subsidiaries, IQ HUB, PANTERRA and THETIS Real Estate.

The challenge of borrowing for Greek REICs in an environment of rising interest rates

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14.11.2023

There are signs that soaring interest rates are here to stay for longer than initially expected and, in this condition, both European and Greek REICs are challenged to meet their liabilities.

Prime Offices or in other words "green" vacant properties

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14.11.2023

The shift towards quality in the commercial real estate market has been at the fore in recent years, but nowhere is this shift more pronounced than in offices.

European real estate market is navigating inflection point

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12.11.2023

The changing macro background to real estate has taken a heavy toll on investor sentiment, but it is not fully felt in occupier markets, according to "Emerging Trends in Real Estate Europe, 2024" report by Urban Land Institute (ULI) and PwC.

New development models from major European real estate companies

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10.11.2023

Sustainable real estate developments that are compatible with ESG standards ensure more favorable terms and lower financing costs.

Φωτοβολταϊκά στα εργοστάσιά του βάζει ο Ομιλος Ηρακλής

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10.11.2023

Ο Όμιλος ΗΡΑΚΛΗΣ προχωρά στην εγκατάσταση φωτοβολταϊκών πάρκων για ιδιοπαραγωγή και ιδιοκατανάλωση ηλεκτρικής ενέργειας στα δύο εργοστάσια του, στο Βόλο και το Μηλάκι Ευβοίας.

Two new Hellenic Land Registry' branches were inaugurated in Volos and Skiathos island

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09.11.2023

Two new branches of the Hellenic Land Registry, one in Volos and another in Skiathos island, have just been opened for public.

Sunlihgt reports €551.5M revenue in the first half of 2023

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09.11.2023

Sunlight Group, member of the international investment "Olympia" Group, has achieved a strong financial performance in the first half of 2023, confirming the company’s sustainable dynamic corporate development.

Construction works in the Ellinikon gaining momentum, more residential units added to the project

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09.11.2023

Construction works in the Ellinikon are gaining momentum and are expected to mature enough to make a great part of the project deliverable by 2026.

Aria Hotels acquires Villa Posillipo in Corfu

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09.11.2023

Aria Hotels group acquired a seaside mansion dating back to the middle of the 18th century and located in the Sotiriotissa Kontokali area of Corfu.