Commerz Real acquires high-rise development “Mynd” in Berlin

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15.06.2023

Commerz Real has purchased in full the “Mynd” office high-rise and “Galeria Weltstadthaus” store at Berlin Alexanderplatz from SIGNA Prime for its open-ended real estate fund Hausinvest; the project is currently under construction.

Radisson Hotel & Suites Zurich opens its doors to visitors

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15.06.2023

Radisson Hotel & Suites Zurich, the largest hotel in the greater Zurich region with 447 rooms and serviced apartments, has opened its doors. This property marks the debut of Radisson Hotel Group's first serviced apartments offering in Switzerland.

AVAX' pipeline soars at €2,9B

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15.06.2023

AVAX's backlog of projects currently stands at €2.9 billion, which are also record levels, of which approximately €2.8 billion relate to signed contracts.

Lafarge launches new app that modernizes and simplifies concrete orders

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15.06.2023

Commited to seek and offer innovative solutions focused on the real needs of its customers and partners, Lafarge, a member of the HERACLES Group, launches ConcreteDirect.

European cities adopt stricter restrictions in Airbnb rentals

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15.06.2023

Many countries in Europe and around the world have gradually begun to impose restrictions on short-term property rentals through Airbnb-type platforms.

MYTILINEOS and SmartestEnergy inks Long-Term Solar PPA in Australia

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14.06.2023

MYTILINEOS Energy & Metals and SmartestEnergy Australia have signed a long-term Power Purchase Agreement (PPA) for the 40MW Kingaroy Solar Farm in Queensland, Australia.

TERNA Energy engages in a €5,5B investment scheme

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14.06.2023

Multinational energy groups operating in the fossil fuel sector are trying to achieve the green transition.

Peloponnese interconnection with the Ultra High Voltage System in operation

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14.06.2023

The electricity transmission line connecting Megalopolis with Patras and Western Central Greece (the so-called "Western Corridor") was put into operation by ADMIE.

The housing market under strong pressure worldwide

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14.06.2023

The pressures that markets faced in 2022 have extended into 2023. Uncertainty further stalled decision-making and delayed investment activity in the first quarter as repricing continues. Amid the ongoing cycle of rising interest rates, the tightness in the banking sector, which began in the US and later in Europe, brought additional volatility to real estate lending. These factors have led to tighter lending standards in most markets around the world.

Premia Properties issues clarifications on its dividend payment

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14.06.2023

Clarifications regarding the dividend distribution amount are provided by Premia Properties in an announcement.

Turkey raises transit fee to commercial ships passing the Istanbul and Canakkale straits

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13.06.2023

Turkey has increased the transit fee it charges commercial ships to use the Istanbul and Canakkale straits, in line with rights granted to it by the Montreux Convention, Transport and Infrastructure Minister Abdulkadir Uraloğlu said.

EFKA disposes off another property in the center of Athens through a public tender

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13.06.2023

EFKA disposes off another property in the center of Athens through a public tender.

An €11M investment plan for production and distribution of green hydrogen is to be deployed in Crete

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13.06.2023

An 11 million euros investment will be deployed for the construction of a hub for the production and distribution of green hydrogen in Atherinolakkos, Crete, was announced by a Consortium of businesses and technological, scientific bodies led by the Eunice group.

Investment volumes in European logistics reduce, Greece stands on the contrary

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13.06.2023

Investment volumes in logistics fell by more than 75% compared to the same period last year, with the quarterly total of USD 5.6 in the EMEA region representing the lowest since the third quarter of 2016.

Zeus deploys a more than €50M investment in Halkidiki

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12.06.2023

A new luxury hotel is added to the "portfolio" of Halkidiki, as Zeus International Hotels & Resorts announced the opening of the five-star Ajul Luxury Hotel & Spa Resort in the area of Kassandra.