Global luxury house prices recover as rate uncertainty eases

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25.08.2023

Average annual prices rose 1.5% across the 46 markets covered by the Knight Frank Prime Global Cities Index in the 12-month period to June.

Coffee offers performance boost for concrete

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24.08.2023

Engineers in Australia have found a way of making stronger concrete with roasted used-coffee grounds, to give the drink-additive a “double shot” at life and reduce waste going to landfills.

The world's largest floating offshore wind farm officially opened

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23.08.2023

The Hywind Tampen wind farm was opened today by Crown Prince Haakon of Norway.

Mortgage demand from homebuyers to the lowest level in 28 years

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23.08.2023

Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years.

Mortgage rates in the US hit their highest point since 2000

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22.08.2023

Mortgage rates soared to the highest level since November 2000, crushing affordability for potential homebuyers.

Henry Holterman takes over the Corfu Palace

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21.08.2023

The Dutch Ellactor's stakeholder and major shareholder of Alpha Bank, Henry Holterman, now owns the historic hotel of Corfu, Corfu Palace. According to information, the price amounted to €30 million.

VOAK: on the evaluation of binding offers the proceeds of the tender

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16.08.2023

The minutes concerning the approval of the changes between the schemes participating in the 2nd Phase of the Tender for the Concession Contract of the section of the Northern Road axis of Crete (VOAK) from Chania to Heraklion were issued by the competent committee.

BriQ Properties portfolio value at €142 million

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03.08.2023

BriQ Properties SA announced that its investment portfolio on 30.06.2023 included 26 properties with a total area of 148 thousand sq.m. and fair value €142 million, which consists of logistics (49%), hotels (21%), offices (27%) and other properties (3%).

The first seaplane arrived in Greece. The network of waterways is activated

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03.08.2023

Hellenic Seaplanes becomes the first airline to bring seaplanes back to the Greek airwaves.

Noval Property disposes of a Real Estate Asset in Mandra Attica Prefecture

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03.08.2023

Noval Property announced the sale of a residential asset of a surface of 87.71 sqm, on a plot of land of 500.40 sqm, located in the area of “Trigono or Gefyri” of the Mandra Eidyllias Municipality of the Regional Unit of West Attika in the Attica Prefecture.

Canary Wharf Group receives £535m loan for Wood Wharf BTR

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03.08.2023

Privately held investment firm Cain International and controlled affiliates of private investment firm Starwood Capital Group, have agreed on a £535m loan to Canary Wharf Group for the next phase of development of its Wood Wharf residential scheme.

Trastor inks preliminary SPA for the acquisition of two storage and distribution facilities

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03.08.2023

Trastor REIC inks a Preliminary SPA for the acquisition of a Société Anonyme owner of two storage and distribution facilities at Aspropyrgos, Attica.

Large commercial park in Poland was transacted for €103 million

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03.08.2023

Frey has completed the acquisition of the Matarnia Park Handlowy retail park in Gdansk, Poland from Ingka Centers for €103m (including transfer tax).

€2.65 billion of debt were settled out of court in July

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03.08.2023

Settlements through the out-of-court debt settlement mechanism keeps up steadily in the month of July 2023, the Ministry of Finance points out in its announcement.

Kastelli airport works are being gradually delivered

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03.08.2023

The Deputy Minister of Infrastructure and Transport, Nikos Tachiaos, who is in Crete for the second day visits major infrastructure projects, expressed his satisfaction with the progress of the projects for the construction of the new international airport of Kastelli in Heraklion.