Eurozone inflation has fallen more than economists expected to hit its lowest level since Russia’s invasion of Ukraine more than a year ago, but the head of the European Central Bank signalled more interest rate rises were needed to tame persistent price pressures.

The seasonally adjusted unemployment rate in April 2023 amounted to 11.2% compared to 12.7% in April 2022 and to the upwards revised 11.1% in March 2023.

FTC Hotels, the lifestyle hotel franchise collection company, which owns the two lifestyle brands Casa Cook and Cook’s Club, has been acquired by the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) for an undisclosed consideration.

MYTILINEOS Energy & Metals (“MYTILINEOS”) announced that it has entered into definitive agreements (each a “Share Purchase Agreement”) in connection with the purchase by MYTILINEOS’ M Renewables of a portfolio of 5 solar projects located in Alberta, Canada, from Westbridge Renewable Energy Corp (“Westbridge” or “Westbridge Renewable”), a utility-scale solar PV development Company, with anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation.

In light of potential inflection points across interest rates, inflation and economic growth, this year’s UBS «Global Family Office 2023» report shows that family offices are planning the biggest shift in strategic asset allocation for several years. Following the end of close-to-zero interest rates, balanced portfolios with active management are returning to favor.

M7 Real Estate, the pan-European investor and asset manager, announces that it has signed a new letting with a logistics operator for c. 3,700 sq m of urban logistics space in Combs-la-Ville near Paris, France, an established distribution location with supply constrained dynamics.

The Strategic Environmental Impact Study (SES) of the Special Spatial Development Strategic Investment Plan (SSP) of the "Cape Tholos" Investment Plan of "Maris Hotels S.A." was approved conditionally and with conditions. subsidiary company of the Metaxa group

Steep competition in the housing market and low supply are heating up home prices again.

Blueground, the property management company that operates furnished 30-plus-day rentals, has acquired Nestpick in an equity-based deal.

Based on the most recent data from NielsenIQ (YTD to April 30, 2023) and having now at the end of April overcome the effect of Easter seasonality, in relation to the corresponding period last year, the organized food retail trade still is on a positive course, at + 9.1%.

ELSTAT unveiled an increase in the Overall Producer Price Index (PPI) in Industry (total of domestic and non-domestic market) with base year 2015=100.0 in April 2023. The index recorded a decrease of 13.3% compared with April 2022.

As part of the continuous interventions of the Attica Region throughout the road network of Attica with an emphasis on roads with a high traffic load with the aim of strengthening road safety, partial restoration works are being carried out on the old safety parapets with new modern vehicle interception systems, on Kifisos Avenue.

The contraction observed in the office sector in some markets in late 2022 extended across Europe in Q1 2023.

The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. That is the highest level since early March.

National Bank reported increasing core income and contained operating costs push core RoTE to c15% vs a FY23 target of c11%.