Orilina set a historic profit record in 2024

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11.04.2025

Orilina REIC announced a record high in adjusted net profits for 2024, highlighting the company's strong growth and successful performance during the fiscal year.

Eurobank's stake in Hellenic Bank reaches 98.458%

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11.04.2025

The process of accepting Eurobank's mandatory public takeover offer for 100% of Hellenic Bank has been completed.

Greece ranks second in the absorption of ESF funds

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11.04.2025

The Deputy Minister of National Economy and Finance, Nikos Papathanasis, visited the central office of MOD, where he met with the Chairman of the Board of Directors, Vassilios Siadimas, and participated in the regular meeting of its board of directors.

Cadastral registration process completed for the Land Registry in Thessaloniki

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11.04.2025

With the inclusion of 74 new areas, the Land Registry for all properties in the Thessaloniki Regional Unit has been completed, marking the transition to a comprehensive and modern property management system.

The American Startup's plans for a 40 sq.km. Tech "City" in Athens

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11.04.2025

The American startup Praxis, backed by investors from Silicon Valley, is considering Athens as a potential location for the development of its first city, where residents will focus on advancing innovative technologies in the fields of artificial intelligence, biotechnology, energy, cryptocurrencies, and advanced manufacturing.

The newly enacted regulatory framework for REICs in Greece

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11.04.2025

The newly enacted legislative framework introduces wide-ranging reforms to the operation of Real Estate Investment Companies (REICs), aiming to enhance transparency, efficiency, and regulatory oversight across the sector. Approved by the Hellenic Parliament, the new framework marks a significant step toward strengthening corporate governance and fostering sustainable growth within the Greek real estate investment market.

Masdar holds 100% of TERNA Energy

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10.04.2025

Abu Dhabi Future Energy Company PJSC – Masdar, a leader in clean energy in the United Arab Emirates and one of the fastest-growing renewable energy companies globally, announced that it now holds 100% of TERNA ENERGY S.A., following the successful completion of the mandatory public offer and the process of acquiring the remaining 30% of the share capital, at a price of €20 per share.

Request for a 3-month deadline for land plot cleaning

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10.04.2025

The Property Owners' Federation (ΠΟΜΙΔΑ) requested, in a letter to the Minister of Climate Crisis and Civil Protection, Mr. Giannis Kefalogiannis, that the impossible not be demanded from landowners. The Federation characterized as unfeasible both the tight monthly deadline for cleaning and submitting declarations on the platform akatharista.gov.gr, which should be the three-month period from April to June each year, and the obligation for landowners, in addition to cleaning, to also manage the removal of biomass, something that only municipalities have the means and capability to implement.

The €2.5B investment that transformed Hamburg's HafenCity

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10.04.2025

Unibail-Rodamco-Westfield has officially opened the retail section of Westfield Hamburg-Überseequartier, marking a significant milestone in the transformation of the waterfront area of Hamburg's HafenCity.

In Patras, the most powerful charging hub of DEH in Greece

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10.04.2025

DEH announced the addition of a new 360 kW ultrafast charger at the DEH blue Hub in the Patras Commercial Park, Top Parks, which houses IKEA.

Domestic natural gas consumption up by 28.61% in Q1 2025

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10.04.2025

According to DESFA’s data for the first quarter of 2025, domestic natural gas consumption recorded a significant increase compared to the same period last year, once again highlighting the pivotal role of natural gas in the country’s energy transition. It facilitates the secure integration of renewable energy sources (RES) and strengthens the export-oriented nature of the system in a flexible and reliable manner.

The Grimaldi Group has initiated construction of 9 new vessels, two of which for Minoan Lines

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10.04.2025

The Grimaldi Group has signed an agreement with the Chinese shipyards China Merchants Jinling Shipyard (Weihai) for the construction of nine Ro-Pax vessels, two of which will fly the Greek flag and be operated under the Minoan Lines brand.

Approval granted for a new photovoltaic project in Boeotia

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10.04.2025

The project has received the green light for the environmental terms and restrictions for the installation and operation of a photovoltaic (PV) power station with a total capacity of 8.04 MW, equipped with an energy storage system, located at "KOUTSOURO" in the municipality of Orchomenos, in the Prefecture of Boeotia, Central Greece.

Recession continues in the construction sector

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10.04.2025

The construction sector in the euro area continues to face significant pressures, remaining in a state of recession for another month. Despite the slight recovery in the Construction Activity Index (PMI) of Hamburg Commercial Bank (HCOB), the data shows that the long-awaited exit from stagnation is still distant.

Premia Properties: Plan for a Share Capital Increase of up to €40M in 2025

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09.04.2025

The management of Premia Properties is considering a capital increase of between €30 million and €40 million in the first half of 2025, with the aim of funding new investments.