Orilina Properties to increase share capital from the 4th to the 6th of December

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01.12.2023

Orilina Properties REIC's share capital increase prospectus was approved by the Board of Directors of the Hellenic Capital Market Commission.

USA pending home sales down 1,5% in October

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30.11.2023

Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September.

10% stake in London's Heathrow to be sold to Saudi PIF

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30.11.2023

Saudi Arabia's Public Investment Fund (PIF) has agreed to buy a 10% stake in Heathrow airport from Spanish infrastructure giant Ferrovial. Another 15% in its parent company, FGP Topco, will be sold to France-based private equity fund Ardian.

The "Measures to restrict tax evasion" bill summitted in parliament. Presumptive taxation, exemptions and discounts

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30.11.2023

The bill of the Ministry of Finance, regarding the "Measures to limit tax evasion" was submitted to parliament, constituting a significant adjustment on the possibility of tax audits triggered in the event that the liable self-employed individual disputes the presumptive income, as this is determined by tax authorities.

The Greek Holiday Homes Market is Turning Into a modern “El Dorado” for up to 3 Μillion Potential European Buyers

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29.11.2023

Greece has turned into an ideal destination for foreign buyers of holiday homes.

AB Vassilopoulos inaugurates new 2,800 sqm store of in Maroussi

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28.11.2023

On Thursday, November 30, AB Vassilopoulos inaugurates a new store in the chain loacated in Marousi, at Kifisias Avenue 34 and Romanou Melodos Avenue, near Amarousiou Junction.

PPC prepares to step foot in new business sectors

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28.11.2023

PPC's shareholders are ahead of critical decisions to be taken and vote for strategic changes at the company's upcoming General Meeting on December 14, 2023.

Increased subsidies for heat pumps secured in the new "Execonomo"

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28.11.2023

The new "Execonomo" program will offer increased subsidies for heat pumps with the aim to accelerate heating transition from oil.

Total Building Activity in Greece down 4% in August 2023

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28.11.2023

The Total Building Activity (private-public) in Greece, in August 2023 which is calculated on the basis of the number of issued building permits, amounted to 1,617. This figure corresponds to 395,153 m2 of surface and 2,098,732 m3 of volume, reflecting, respectively, a 4.0% decrease in the number of building permits, a 10.1% decrease in surface and a14.3% increase in volume, compared with the corresponding month of 2022.

Three main reasons why this is buy opportunity for REITs

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28.11.2023

REITs bullish investor argues that their rock-bottom valuations may not be justified and could lead to enormous upside in the future.

"Renovate - Rent" program to be launched soon

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28.11.2023

The "Renovate - Rent" program, amounting to €50 million, which subsidizes the repair of houses in order to make them available for rent, is expected to be launched at the end of December.

New record high for Lamda Development shopping malls' operating profitability

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27.11.2023

A new historic high for operational profitability in Lamda Development's shopping centers in the Nine Months 2023. The company currently works on the development of the two new centers in Elliniko, the Vouliagmenis Mall (toward Vouliagmenis) and the Riviera Galleria (on the beach)

The Land Registry opens branches in Florina and Alexandroupolis

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27.11.2023

The Land Registry's branches in Florina and Alexandroupolis launch operations.

The Council of State unseals potential for major tourism developments in Mykonos

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27.11.2023

Recently taken decision by the Greek Council of State unseals the development of major tourism projects that were previously paused in the island of Mykonos. Tourism investments will resume in the island, following the approval of a spatial plan for tourism projects that has been forcefully objected by the local community.

Relative advantage of European listed RE as an investment opportunity

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24.11.2023

Recent UBS report unveils the relative advantage of European listed real estate sector as an investment opportunity -a fact that the CEO of EPRA had pointed out earlier this year, in his opening remarks during the RED Meeting Point. The analysis unveils some remarkable figures with the upward potential for certain real estate stocks at 40%.