TRASTOR's warehouse portfolio grew by 22,000 sqm

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09.03.2023

Trastor's warehouses portfolio in Aspropyrgos exceeded 100,000 sqm after the acquisition of the new Logistics center with a total area of 22,234 sqm.

David Chipperfield the Pritzker 2023 award winner

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08.03.2023

Throughout its 44-year history, the Pritzker Prize — regarded as the "Nobel of architecture" — has often been awarded to individuals with distinct design signatures: Frank Gehry's irregular forms, Zaha Hadid's sweeping curves, Tadao Ando's textural concrete.

Considerably lower gas prices for residential users in Athens in February 2023

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08.03.2023

Residential electricity prices steadily decreased over the first half of 2009 and reached a trough at 96 index points in June 2009 as the economic crisis took its toll on demand and wholesale prices plummeted.

BNP Paribas REIM acquires residential property on behalf of PFA Pension

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08.03.2023

BNP Paribas Real Estate Investment Management (REIM) France announced the off-plan acquisition of a residential building located 26-34 avenue Pierre Curie in Saint-Cyr-L’Ecole (78), on behalf of Danish investor PFA Pension.

Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher

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08.03.2023

Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected.

Piraeus Bank stake in MIG increases to 55,61%

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08.03.2023

According to the provisions of article 24 paragraph 2(a) of the Law 3461/2006, and further to the 09.02.2023 publication of the mandatory tender offer of Piraeus Bank S.A. to Marfin Investment Group Holdings S.A. (the “Company”)

The New Courts of Piraeus project by Dimand's HUB204

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08.03.2023

The building proposed by DIMAND will house the New Courts of Piraeus after the decision of the Board of Directors of the Court Buildings Financing Fund to reject the appeal of "Golden Horizon Athens Investments" and to accept the proposal of "HUB 204" and the amount of the offer of €80,900,000.

Greek GDP grew by 5.2% in the fourth quarter of 2022

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07.03.2023

The Hellenic Statistical Authority (ELSTAT) announces the Gross Domestic Product (GDP) for the 4th quarter of 2022.

The largest real estate industry's exhibition, MIPIM2023 opens its doors in Cannes

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07.03.2023

Next week the largest real estate industry exhibition MIPIM2023 opens its doors in Cannes.

A €107M project was launched for the hotel infrastructure ungrade in Halkidiki

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07.03.2023

An investment file for the project "Upgrading Existing Hotels to Category 5* - XENIA Tourist Complex" was submitted by the company "Tourist Complexes Hellas Monoprosopi SA" to Enterprise Greece.

Total investment in the Falirikos Bay Redevelopment project is expected to soar above €250M

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07.03.2023

The inclusion of the second phase of the Falirikos Bay Redevelopment project in the Ministry's Operational Program: "Transport Infrastructures, Environment and Sustainable Development", with the Attica Region as beneficiary, was inked.

Athens successfully claims its stake in the international luxury residential market

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07.03.2023

Of the 100 prime markets tracked by Knight Frank's Prime International Residential Index (PIRI 100), 85 recorded positive or flat price growth in 2022. Dubai leads for the second year running, cementing its status as a second home hub for global UHNWIs, assisted by numerous visa initiatives.

Rafael Viñoly who believed in experience over aesthetics has died, aged 78

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06.03.2023

Uruguayan-born architect had an acute understanding of the visual arts and produced prize-winning buildings.

In July is scheduled to be inked the construction contract for the new football stadium of Panathinaikos

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06.03.2023

The construction project for the new stadium of Panathinaikoshas been formally given the green light by the financial committee of the Municipality of Athens. The development venture of AKTOR, TERNA, Mytilineos were authorised to proceed with the important project of the "Double Redevelopment" in Votanikos.

Greek REICs in market changing transactions for the domestic industry

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06.03.2023

Domestic REICs have been recently proved highly transacting. During the first couple of months of 2023 have already been announced market changing deals in the sector.