The ECB Governing Council raises the three key interest rate by 50bps

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03.02.2023

The Governing Council decided to raise the three key ECB interest rates by 50 basis points.

Ellington Solutions exits Attica Bank

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03.02.2023

Attica Bank announced the exit of Rinoa LTD - Ellington Solutions A.E from the agreement with the bank.

Panattoni sells Hamburg logistics property to JP Morgan and Cromwell JV

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02.02.2023

Panattoni has sold its fully-leased logistics park in Hamburg to a joint venture between J.P. Morgan Asset Management and Sydney-listed Cromwell Property Group.

MYTILINEOS and Saint-Gobain sign a 10 year power purchase agreement in Italy

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02.02.2023

MYTILINEOS – Energy & Metals and Compagnie de Saint-Gobain, worldwide leader in light and sustainable construction, have signed a private wire Power Purchase Agreement (PPA) relating to the energy generated from a 4.9 MW solar farm in Italy.

Panayiotis Panayiotides disposes of 3.7% stake in Dimand

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02.02.2023

According to L.3556/2007 as in force, DIMAND Societe Anonyme – Development and Exploitation of Real Estate and Constructions, Services and Holding disclosed that a notification was received on 01.02.2023 by the shareholder Mr. P. Panayiotides, regarding the disposal of voting rights on January 31, 2023.

Clarifications on the regime of the hight of properties based in Makrigianni suburb of Athens

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02.02.2023

The Ministry of Environment and Energy seems ready to trigger further developments through issuance of two ministerial decisions related to the heights of buildings, taking the issue, for which there are already several decisions of the Council of Ministers, back to the courts.

Arbitrage expands Colliers real estate services in Greece

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02.02.2023

Leading diversified professional services and investment management company, Colliers International, announced today that it has entered into an affiliate agreement with the leading independent real estate advisory and management firm, Arbitrage Real Estate SA (Arbitrage), in Greece.

EBA's baseline forecast for greek residential prices reaches 4,7% for 2023

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01.02.2023

The European Banking Authority (EBA) launched the 2023 EU-wide stress test and released the macroeconomic scenarios. Compared with previous EBA scenarios, the correction in real estate prices affects CRE more severely than residential real estate (RRE).

Ford's green warehouse in Valencia

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31.01.2023

The development of a new unit for the production of electricity from solar panels has been announced by the Ford car manufacturer.

Fitch Ratings upgrades all four Greek systemic banks' Long-Term IDR

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31.01.2023

Fitch Ratings has upgraded all four systemic banks' Long-Term Issuer Default Rating (IDR) within a couple of days.

The subsidy on household electricity tariffs reached €40pMWh

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31.01.2023

The subsidy on household electricity tariffs for February reached at €0.04 per kilowatt hour (40 euros per megawatt hour), for 90% of consumption (up to 500 KWh per month), according to the announcements made by the Minister of Environment and Energy Kostas Skrekas .

Entersoft acquires majority stake in CGSoft

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31.01.2023

Entersoft announced the acquisition of 100% of the shares of “CONTEMPORARY SOFTWARE COMPANY Ltd” (“CGSoft”), domiciled in Athens. CGSoft is the leader in Property & Real Estate Management software in Greece for medium and large companies.

Melia Hotels the most sustainable company in the world for 2022

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31.01.2023

The Standard & Poor's Global Corporate Sustainability Assessment ranks Meliá as the most sustainable company in the world in the Hotels, Resorts and Cruises category for 2022

MOTOR OIL' €339.6M investment in Agios Theodoros wins approval

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31.01.2023

A new strategic investment with a total budget of €339.6 million was approved by the Interministerial Strategic Investment Committee.

New ministrial decision changes the standards for a properties hight

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31.01.2023

The ministerial decision of the competent Deputy Minister of Environment and Energy, Nikos Tagaras, attempts to put an end to the blurred landscape regarding the heights of buildings.