Elefsina Shipyards secures financing the Development Bank of the USA

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18.05.2023

$125,000,000 through an ONEX Shipyards loan, the Development Bank of the USA (U.S. International Development Finance Corporation - DFC) secures financing to the Consolidation Plan of the Elefsina Shipyards, as decided by the Board of Directors of DFC.

Societe de la Tour Eiffel acquires the Millesime

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18.05.2023

Societe de la Tour Eiffel purchased the Millesime building, located at 113 avenue de Verdun, in Issy-les-Moulineaux, France.

GCPM: sectors in which rents are projected to be increased in the next 12 months

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18.05.2023

RICS's Global Commercial Property Monitor (GCPM) Q1 2023 report reveals a mixed picture of the real estate environment worldwide. Interest rate increases in many countries were balanced by a resilient macro environment due to stable labour markets.

Hilton and Blackstone inks deal to open DoubleTree by Hilton Berlin Ku’damm

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17.05.2023

Hilton announced a franchise agreement with Blackstone to open DoubleTree by Hilton Berlin Ku’damm.

Kopelouzos Group inks memorandum of cooperation with Infinity Power

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17.05.2023

Kopelouzos Group inks memorandum of cooperation with Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt's Infinity, to explore the possibility of jointly developing RES projects, which will supply green energy to the GREGY power interconnection cable.

Phyllon Bridge in Chalkida expected to be delivered soon

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17.05.2023

The restoration of the three bridges of the Lilantas river in Chalkida is progressing rapidly.

The reconstruction project of the Kouloura Market in Imathia was comprised in the RRF

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17.05.2023

The Deputy Minister of Finance, Apostolos Vesyropoulos, announced the inclusion of the reconstruction project of the Kouloura Market, where the Veria Customs House will also be housed, in the Recovery and Resilience Fund, with funding of €25 million.

Fourlis Group aims for TRADE ESTATES' listing in the ATHEX within 2023

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17.05.2023

The main goal remains TRADE ESTATES' listing to the market of the Athens Stock Exchange within this year according to what the FOURLIS Group reports in the financial results of the 1st quarter of 2023 that it published.

Mytilineos close to seal a green energy deal in North America

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17.05.2023

Mytilineos is close to a green energy deal in North America, MYTILINEOS Energy&Metals President & CEO Evangelos Mytilineos said in an interview with Bloomberg TV.

The Produce e-Green action has just been launched

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17.05.2023

The Produce e-Green action was published in the Government Gazette, to support investments in the creation of industrial units that will produce products of the electric mobility chain, RES and energy saving products.

More than 82.000 residential units in Athens available for Golden visa potential sales

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17.05.2023

Athens during the first quarter of the current financial year is estimated to have 82,750 additional residential properties for sale in the price range of €500,000 – €1 million. The number of residential units was increased by 276% relative to the corresponding quarter of 2022.

BoG: Greek banks’ funding costs are likely to rise

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16.05.2023

Liquidity conditions improved on the back of Greek banks’ unimpeded access to money and capital markets. The Greek banking sector’s capital adequacy improved further to a satisfactory level, above the regulatory minimum.

Six Senses undertakes management of Grivalia Hospitality's hotel development in Petalious

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16.05.2023

Six Senses undertakes management of the hotel complex planned to be developed in the southern part of Megalonis. Six Senses and Grivalia Hospitality signed the relevant contract for the flagship luxury hospitality project "Six Senses Megalonisos".

IDEAL Holdings declares €0.19ps and 10% jump in EBITDA profits

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15.05.2023

IDEAL Holdings announced a 10% increase in EBITDA profits and a 2% increase in revenue for the first quarter of 2023 compared to the same period last year.

Tritax Big Box REIT ventures into urban logistics

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15.05.2023

Tritax Big Box REIT has acquired a urban logistics park in Birmingham for £58.5m, at a 4.5% net initial yield and a reversionary yield of 6.7%.