New hotel in Mani by the Radisson Blu Group

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09.11.2023

The Radisson Hotel Group consolidates its position as the leading, international hotel chain in Greece with the signing of the Radisson Blu Resort, in Mani, Lakonia.

Airbnb is facing the prospect of an immense tax bill

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09.11.2023

Prosecutors in Milan say a judge authorised the seizure of €779.5m from the short-term property rental platform.

Sirius Real Estate disposes of Maintal industrial park

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08.11.2023

Sirius Real Estate Limited, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the disposal of an industrial park in Maintal, in Germany’s southwest Hesse region, for €40.1 million, representing a net initial yield of 5.7%.

The historic "Attikon" property in the Athenian center on track for a great regeneration

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08.11.2023

The restoration of the premises of the historic cinemas Attikon and Apollon, both of which have been seriously damaged by decades of misuse, is now on track. A newly founded firm of Yiannis Perrotis has been appointed to find the optimal solution for the utilization of the emblematic property that, among other uses, used to house two historic cinema halls.

Greek student housing PPP developments on hold due to market conditions

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07.11.2023

PPP projects for the construction of student residences in major Greek universities are being used as a solution to the major issue of student housing in the country. However, according to construction industry executives talking to eRED, student residence development projects in Thrace, Thessaly, Crete and West Macedonia, with a budget exceeding €500 million, are making slow progress.

Major shift in the way buildings are designed, operated and managed

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06.11.2023

An exclusive interview, conducted under the auspices of this year’s RICS World Built Environment Forum 2023, where Dr. Jens Hirsch participated as a speaker on the panel discussion “Towards net zero: Analysing sustainability investment practices, ESG strategies, and beyond”.

EYDAP expands its network into Megara, Attika

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06.11.2023

EYDAP expands its network into Megara, Attika.

Unemployment rate eases to 10% in September 2023

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06.11.2023

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for September 2023.

Headwinds in the European residential market-The case of Greece

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06.11.2023

Europe's housing market appears to be at its worst, with millions of first-time homebuilders facing a decades-long collapse in the construction industry.

Sappho Stream to be restored with NSRF financing

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03.11.2023

The anti-flood works for the regulation of the Sappho Stream in Marousi, amounting to €24,452,800, are to be included in the NSRF Program "Environment and Climate Change".

Aria Hotels inaugurates new boutique hotel in Thisio

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02.11.2023

Aria Hotels is expanding its portfolio in Athens with the Aria Boutique Hotel located on Andrianou Street in Thisio.

The changes that the new draft Law brings in for real estate transactions

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02.11.2023

The draft law of the Ministry of Digital Governance, which was presented to the cabinet and which is expected to be immediately put to public consultation, aims at faster transfers of real estate, in combination with the reduction of bureaucracy with the abolition of TAP

International hotel chains are expanding in Greece while Greek hospitality brands gain traction abroad

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02.11.2023

Greek hotel brands that have joined an international chain have popped by 80% in the last five years. According to a recent analysis by GBR Consulting, 160 hotels are operating today under international brand names, offering a total number of 26,540 rooms, and are part of one of the 35 international chains that currently operate in Greece.

The HRADF receives one offer for the concession of Argostoli Marina

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02.11.2023

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, received on Wednesday, November 1, 2023, one offer in the tender process

New taxation method will be adopted for self employed individuals incorporating in Greece

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01.11.2023

Profits from the business activity of self-employed individuals will now be taxed with reference to the minimum wage. The new system will be applied to sole proprietorships, excluding farmers and the self-employed with APY.