Three major infrastructure projects under development in Nafpaktos Greece

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09.01.2023

The Municipality of Nafpaktos launches three projects to further develop the area, which will refurbish it into one of the most important destinations.

Germany's real estate market took a deep hit in the fourth quarter of 2022

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09.01.2023

Germany's real estate market took a deep hit in the fourth quarter, as investors shied away from deals on the back of soaring financing costs.

Prodea Investments and Invel Real Estate acquire White Coast Pool Suites

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09.01.2023

Prodea Investments and Invel Real Estate announced the acquisition of White Coast Pool Suites, a five-star luxury hotel on the Greek island of Milos, which was rated the best island in the world in a World’s Best Awards 2021 survey staged by leading US travel publication Travel + Leisure.

Amazon declares 18.000 layoffs

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05.01.2023

Amazon has announced that it will be “eliminating” more than 18,000 roles at the company, extending a previously-announced round of layoffs that was set to impact some 10,000 workers.

Panagiotis Psycharis' property based in Psychiko to be e-auctioned on January 26

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05.01.2023

On January 26, will be held the electronic auction of Panagiotis Psycharis' property -son of publisher and journalist Stavros Psycharis- based in Psychiko.

Keppel’s China logistics property fund partners BLOGIS to acquire its first asset, located in Wuhan

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05.01.2023

Keppel Capital Holdings Pte. Ltd. (Keppel Capital), through its China logistics property fund (the Fund), has partnered BLOGIS Holdings Limited (BLOGIS), a leading developer and operator of logistic parks in China, to acquire the Fund’s first asset, a grade-A high-standard warehouse, located in Dongxihu, Wuhan, China.

Grivalia Hospitality unveils new €280M investment in Megalonisos

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05.01.2023

Grivalia Hospitality unveils new €280 million investment in Megalonisos, the largest island of the Petalia complex with a total area of 11,290,616 sq.m. which are located in the southern Euboea, and which are characterized as the Greek Malvidas.

Tough times ahead for real estate investors

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04.01.2023

Tangible assets such as real estate could, among other things, be used as an inflation hedge and play an important role in particular "green buildings" could offer long-term possibilities.

Mortgage applications to purchase a home in the US at the lowest level since 1996

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04.01.2023

After a brief reprieve in the first half of December, mortgage interest rates shot up again to end the year, weighing on mortgage demand.

Grivalia Hospitality's new investment project to develop a flagship luxury hotel

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04.01.2023

A new investment is being launched by Grivalia Hospitality to develop a flagship luxury hospitality, leisure and wellness project that will promote sustainable development, green energy and the principles of sustainable tourism.

Regional authorities of Attica declares new project for the school premises' energy upgrade in the area

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04.01.2023

Energy upgrade projects in 21 schools of five municipalities - Ag. Paraskevi, Glyfada, Kropia, Metamorfosi and Korydallos - under the authority of the Building Infrastructures (Ktyp S.A.) were launched with the signing of the acts of their inclusion in the Operational Program "Attica 2014-2020" by the regional governor Giorgos Patoulis.

Demire disposes off logistics property in Leipzig

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04.01.2023

DEMIRE Deutsche Mittelstand Real Estate AG sold the LogPark logistics property in Leipzig, held by its majority subsidiary, to a German institutional investor for around €121 million.

Manhattan apartment sales plunge in the last quarter of 2022

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04.01.2023

Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears.