Super prime office rents in London’s West End are expected to hit highs by the end of 2024

|

01.11.2023

BNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of space.

Premia offloads Votanikos suburb based industrial property

|

01.11.2023

Premia Properties proceeded with the sale of a property on 166 Orfeos Street in Votanikos-Elaion for a price of €5.5 million.

Next Generations survey: What do young Greeks want and how they envision their future

|

01.11.2023

Young adults in Germany, Greece, Italy, Poland and the United Kingdom share a deep sense of anxiety about the future.

Accor Group reports 13% jump in third quarter revenue

|

01.11.2023

Hotel demand remained very strong throughout Q3 with RevPAR up 15% compared with prior year despite a very high comparable basis (RevPAR in Q3 2022 was up 14% compared with Q3 2019).

Brookfield and the Qatar Investment Authority have committed £400M to Canary Wharf Group

|

01.11.2023

Canary Wharf Group (“CWG”), the developer of the largest urban regeneration project in Europe, announced that its shareholders, Brookfield and the Qatar Investment Authority, have committed £400 million to the company by way of a £300 million equity subscription and a £100 million revolving credit facility.

Rising interest rates are curbing demand for mortgages

|

01.11.2023

Activity in the housing market keeps declining in an environment of rising interest rates, which is reflected in a decline in mortgage approvals.

Price range for Trade Estates offering was set at €1.92 to €2.13

|

31.10.2023

The sale price of the 28,169,015 Trade Estates shares that will be sold as part of the public offer for the entry of REIC to the Athens Stock Exchange will vary between 1.92 euros and 2.13 euros.

Noval disposes of real estate asset in Ioannina

|

31.10.2023

Noval Property announced the sale of an industrial building of a built area of 3,850.27 sqm on a plot of land of 9,736.66 sqm located in the area of “Rapsista” of the Municipal Unit of Anatoli, in the Municipality of Ioannina.

By the end of 2025 the restoration of the railway of Thessaly

|

31.10.2023

In the first half of 2025, the western corridor of the Sepolion Attica railway tunnel will be completed according to the Deputy Minister of Infrastructure and Transport Nikos Tahiao, while in two years the section of the railway damaged by bad weather in Thessaly will be restored.

BRIQ: By 2024 the completion of the agreement with ICI

|

31.10.2023

BriQ Properties R.E.I.C. (the “Company" and the “Group”) announced that according to the consolidated financial statements for the nine-month period ended 30.09.2023, the rental income of the Group amounted to € 6,7 million, recording an increase of 14% compared to the respective last year period.

Two new express bus routes will be launched in Thessaloniki form November, 1st

|

30.10.2023

Effective from November 1, 2023, the routes of two new and supportive express bus lines of urban transport will be launched in Thessaloniki, with the aim of relieving commuting citizens from limiting any impacts from the construction of the Flyover in the city.

GRIMALDI consortium inks deal to acquire stake in the Port of Igoumenitsa

|

30.10.2023

The contract was signed for the transfer of management of the Port of Igoumenitsa to the Consortium GRIMALDI EUROMED – MINOAN LINES – EKEB which acquired 67% of the share capital of the "Igoumenitsa Port Authority SA". currently owned by TAIPED, for a total price of €84.17 million.

Greek PPI in Industry drops 4.3% compared with September 2022

|

30.10.2023

The Overall Producer Price Index (PPI) in Industry (total of domestic and non-domestic market) with base year 2015=100.0 in September 2023 recorded a decrease of 4.3% compared with September 2022.

HFSF launches a formal sale of its entire stake Alpha Services and Holdings S.A.

|

30.10.2023

HFSF launches a formal sale process through auction for the disposal of its entire stake in the share capital of Alpha Services and Holdings S.A.

The Capital Market Commission approves Trade Estates listing to the ATHEX

|

30.10.2023

The Capital Market Commission has granted approval to Trade Estates listing in the Athens Stock Exchange after approving the company's prospectus during its last meeting.