London’s office market is in a “rental recession,” according to financial services company Jeffries, who reported that vacancies in the capital’s business hub had hit a 30-year high.
The European Bank for Reconstruction and Development (EBDR) predicts an increase in Greek GDP by 2.4% in 2023 and 2.3% in 2024.
«Thessaloniki Port Authority S.A.» (ThPA S.A.) announced for the 1st half of 2023 (6M 2023) increase in container throughput, increase in the sectors of utilization of spaces and passenger terminal and decrease in the sectors of conventional cargo and Intermodal, decrease that sourced a low decrease in total turnover, compared to the corresponding period of 2022 (6M 2022). In detail, Group consolidated turnover (including sole subsidiary ThPA Sofia EAD, 100% owned by parent Company) for 6M 2023 amounted to € 41,2 mil., reduced by 2,6%, compared to € 42,3 mil. for 6M 2022.
Brazilian architecture office Superlimão Studio has created a lifted building with a tree-like structure constructed using mass timber for a McDonald's restaurant in São Paulo.
Important infrastructure issues have been comprised in the agenda of the cabinet meeting today, Wednesday, under Prime Minister Kyriakos Mitsotakis at the Maximos Mansion.
Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a regulatory filing.
National Bank of Greece successfully completed the placement of €500 million Subordinated Tier II bonds in the international capital markets with a yield of 8.0%. The bond matures in 10,25 years and is callable in 5,25 years.
The Albanian Power Corporation recently completed tenders for the supply of energy in the amount of €10 million.
The Bank of Chania launches a Real Estate Investment Company (REIC) along with its subsidiary "Kritika Akinita SA" in October, for which it recently received approval from the Capital Market Commission and the Bank of Greece together with the bank.
The activity of retailers increased in July according to the Hellenic Statistical Authority (ELSTAT).
Almost one out of four retail stores in the center of Athens remain closed (increased to 22.9% of the total compared to last year which was 22.4%) while they are gradually being converted into tourist accommodations at the expense of the two other dominant uses of retail trade and catering.
The company announced the increase of Goldman Sachs share capital in PPC.
In the 35-storey Turkevi building, the seat of Turkey's permanent mission to the UN and the country's consulate general in New York, Turkish President Recep Tayyip Erdogan welcomed the Greek Prime Minister Kyriakos Mitsotakis.
Changes from scratch in the Casino industry have been forwarded throught the proposals for two locks that were approved by the members of the Board of Directors of the Gaming Supervision and Control Committee (EEEP).
Real estate values have changed significantly around the world in the last 20 years. The global real estate market has seen highs and lows between 2000 and 2022, with some nations experiencing sharp increases in property values while others have seen declines or stagnation, according to KPMG's "The future of Real Estate".