Noval Property announces the acquisition of a plot of land of total surface of 378.22 sq.m., located at the intersection of Himaras and Ymittou streets in Marousi, Greece.

Noval Property announced that the net profit for the period to 30.06.2023 amounted to EUR 23.2 million compared to EUR 15 million for the period ending on 30.06.2022 (an increase of 54%).

The International Air Transport Association (IATA) announced that the post-COVID recovery momentum continued in July for passenger markets.

The approval of the Metropolitan Committee of Thessaloniki was received for the environmental impact study for the project of the opening of Michail Psellou Street, which is considered an accompanying project of the Metro and is estimated to contribute to the service of Metro and bus passengers in the area of Nea Elvetia, while reducing times transfer from one means of transport to another.

Today the company's Board of Directors accepted the resignation of the company's CEO, Spyros Paschalis.

Circa 691 new successful debt settlements, that correspond to €322 million of initial debts, were finalised in the month of August through the Extrajudicial Mechanism according to data from the Ministry of Finance.

The General Assembly of Lampsa has been postponed for the second time for 04/10/2023.

The Board of Directors of HRADF today unsealed the financial offers in the context of the tender process for the award of a service concession contract for the financing, operation, maintenance and exploitation of the Attica Road for a period of 25 years.

Economist, former adviser to the ECB board, Peter Praet and political analyst, internationalist and author, Ian Bremmer have opened the EPRA annual conference that has begun yesterday in London.

A recent Zillow survey found that homeowners who report buying their home at lower mortgage rates are less likely to sell their home and move.

Fidelity Investments Canada ULC (Fidelity) announced that it has entered into an agreement with Brookfield Asset Management (Brookfield), whereby Brookfield will invest in, and manage a newly formed portfolio of high quality Canadian real estate assets on behalf of Fidelity.

The project to restart the long-suffering Student Housing of Zografou University of Technology (FEZ) continues with decisive steps, after the approval of the funding of 523,180.80 euros from the Region of Attica for the selection of Consultants (Legal, Technical and Financial), the who will launch, together with the NTUA, the tender process for the selection and selection of the contractor who will undertake the study, renovation and maintenance of the emblematic building.

As with the wider property market, the prime residential market saw a continued slowdown in activity in the first half of 2023. Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023, compared to growth of 0.8% in H2 2022.

Construction works on site are estimated to begin in 2023, with the resort scheduled to open its doors in May 2025.

For a while, the city looked in trouble. The Covid-19 pandemic hit large and densely populated metropolitan areas more dramatically than it did quieter, sparser locations.