Troubles lurking ahead for the global real estate

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17.03.2023

The troubled office market, the inability to raise funds, the war in Ukraine, the energy crisis, rising interest rates and the collapse of banks dominated the... table of discussions during this year's MIRIM exhibition held this week in Cannes.

A regulated stock exchange dedicated to the trading of commercial real estate a way to raise equity

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17.03.2023

A regulated stock exchange dedicated to IPOs and the trading of commercial real estate could provide real estate owners with a way to raise equity amid higher and more volatile debt markets.

Business expectations index in industry soars to an 11 month high in February

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16.03.2023

The Business Expectations Index in Industry reached an 11-month high in February, according to IOBE.

OPAP reports €592,3M net profit for 2022

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16.03.2023

OPAP reports record high quarter rounding off a year of cross-channel growth. The leading gaming operator in Greece, announceδ its consolidated financial results for the period ended December 31st, 2022, prepared in accordance with International Financial Reporting Standards (IFRS).

Intrakat's works at Athens International Airport in full progress

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16.03.2023

The expansion works at Athens International Airport are in full progress, within the framework of a contract with Intrakat for a total contract price of 22 million euros, plus VAT.

The "Recycle - Change Water Heater" program is on

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16.03.2023

Today, Thursday, March 16, 2023, on the website of the Ministry of Environment and Energy, was unveiled the guide to the "Recycle - Change Water Heater" program.

Greek government on an attempt to disrupt the local tourism sector's labour market

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16.03.2023

The list of industries that are allowed to "import" labor force from third countries for seasonal work is growing.

The Greek real estate market keeps a stiff upper lip against the global headwinds

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16.03.2023

The bankruptcy of SVB has caused great concerns to the rating agency companies. Their representatives emphasized yesterday in Cannes that this phenomenon portends a further tightening of the monetary policy by the Central banks for a longer period of time.

Office to residential refurbishments are gaining steam

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15.03.2023

Silbury Finance, an international development lender backed by OAKTREE Capital Management, is fueling the office-to-residential conversion.

The Production Index in Construction (IPC) jumps 31.3% in the 4Q2022

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15.03.2023

The Production Index in Construction (IPC) in the fourth quarter 2022 recorded an increase of 31.3% compared with the 4 th quarter 2021, according to recently unveiled data by ELSTAT.

Co-living is definitely here to stay

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15.03.2023

In the wake of the pandemic, co-living is on the verge of becoming a “mainstream housing movement” spurred on by societal and economic shifts, delegates attending a MIPIM-first event have heard.

The National Bank reports €0,7B profits in 2022

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15.03.2023

The National Bank announced, strong core profitability of €0.7 billion at Group level, which far exceeds the target of around €0.5 billion for the financial year 2022.

Branded residences growth soared across the widely varied locations within EMEA

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15.03.2023

After its establishment in North America, the branded residences concept gradually gained a foothold in EMEA markets – and it has subsequently exhibited rapid expansion since 2005. Growing from seven schemes in the region in 2005, the sector now accounts for 209 schemes and is forecast to expand a further 83% by 2030.

Real estate industry has ‘key role to play in solving crisis

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15.03.2023

The sustainable transformation of the real estate industry is set to take top billing at this year's MIPIM.

Greystar invests in rental housing units in Spain

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15.03.2023

Greystar Real Estate Partners, LLC ("Greystar"), the global leader in rental housing investment, development and management, announced the creation of a Joint Venture to purchase a portfolio of 2,425 rental housing units in Spain from Vía Célere, a leading residential property developer in Spain. For Greystar’s portion, this investment is being made on behalf of GEPE I, Greystar's pan-European discretionary fund.