Noval Property (Company) and the European Bank for Reconstruction and Development (EBRD) have signed a €10.5 million bond loan. The loan will be under conditions mandatorily convertible into newly issued shares of the Company.

The regeneration plan for Kerameia Allatini, a site where the old and abandoned industrial facilities of the ceramic factory were housed, in the south-eastern side of Thessaloniki, was presented in the presence of Prime Minister Kyriakos Mitsotakis.

W Costa Navarino was ranked amongst the top resorts worldwide, according to the "Top 50 Best Resorts in the World", in the international Condé Nast Traveler Readers' Choice Awards 2023.

More than 1 in 10 buyers of holiday homes in Greece (12.35%) this year was a Greek expatriate.

Grid Telecom, a subsidiary company and operator of telecommunications services of the Independent Electricity Transmission Operator (ADMIE) and Tamares Telecom (subsidiary of Aluma Infrastructure Fund), a leading international wholesale telecommunications service provider and operator of fiber optic networks, have routed and the business plan for the ANDROMEDA optical fiber cable system that will connect Greece with Cyprus and Israel, and will be extended to the Arabian Peninsula.

The strategic investment in the port of Volos was announced by OLTH SA which recently acquired 67% of the Organization through the HRADF competition.

However, all countries are grappling with high construction costs. Across Europe, JLL’s construction inflation index shows growth slowing in 2023, on average up 6% in Q2. The effect of prolonged high costs is visible in reduced building, with permits having fallen 7% year-on-year.

The tender for the lease of the right to research geothermal potential in four regions of Northern Greece has been extended until November 30, 2023, by decision of the Deputy Minister of Environment and Energy, Alexandra Sdoukou.

The Intrakat group recorded a dynamic course during the first half of 2023, achieving its return to operational profitability, increasing turnover by 45%, expanding its backlog to €2.1 billion and consolidating its financial base, in context of the ongoing strategic development plan.

PRODEA Investments announced the lease of Karela Business Park, its largest office complex, to MYTILINEOS.

500.027 Optima bank's New Shares were allocated to the beneficiaries of the Parallel Offering to a limited circle of persons.

Resolute Asset Management and Cepal Hellas are joining forces to create the market leader in real estate management

Alpha Astika Akinita reported improved finantial position for the first half of 2023 relative to the corresponding last year.

The Total Building Activity (private-public) in Greece, in June 2023 which is calculated on the basis of the number ofissued building permits, amounted to 2,461. This figure corresponds to 509,439 m2 of surface and 2,413,294 m3ofvolume, reflecting, respectively, a 13.0% increase in the number of building permits, an 11.8% increase in surface and a28.9% increase in volume, compared with the corresponding month of 2022.

Lamda Development reported new record high in operating profitability EBITDA for the Malls at €41m1 on half-year (H1) basis, 30% increase vs. 2022