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