Fais takes full control of Zaffron Resort in Santorini

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02.04.2025

Fais Holdings SA announced the acquisition of shares in one of its subsidiary companies.

Trade Estates closed 2024 with revenues of €46.2M

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02.04.2025

The Total Revenues of Trade Estates for 2024 amounted to €46.2 million, compared to €26.7 million (a 73.1% increase) in 2023.

Chalkida and Psachna bypass project secures financing from the NSRF

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02.04.2025

The project "Chalkida Bypass and Psachna Bypass," with a total length of approximately 28 kilometers and a budget of €238,430,480, has been included in the ESPA Program "Transport 2021-2027."

Greek unemployment at 8.6% in February 2025

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02.04.2025

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for February 2025.

BriQ Properties to distribute a dividend of €0.135 per share

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02.04.2025

The Board of Directors of BriQ Properties has decided to propose to the Annual General Meeting of Shareholders the distribution of a dividend of €0.135 per share (net), totaling €6.0 million. This represents a 29% increase per share compared to the dividend from the previous fiscal year (€0.1045 per share).

Global tourism reached 2019 levels last year

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02.04.2025

Impressive recovery is being shown by global tourism in 2024, according to data from the World Tourism Organization presented in the "Special Edition - 2024 Review" of the Statistical Bulletin by INSETE.

Fitch has upgraded the credit ratings of the four largest Greek banks

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02.04.2025

Fitch has upgraded the long-term issuer default ratings (IDR) of Eurobank and National Bank of Greece (NBG) by one notch to "BBB-" with stable outlook, from "BB+" with positive outlook. The ratings of Alpha Bank and Piraeus Bank have also been raised to "BB+" with positive outlook, from "BB" with positive outlook.

Invesco Real Estate acquires the InterCity Hotel in Berlin

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02.04.2025

Invesco Real Estate has acquired the InterCity Hotel in the center of Berlin on behalf of a German group.

New hotels added to the portfolio of the Sani/Ikos group

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01.04.2025

The Sani/Ikos group has added new hotel resorts in Greece and Spain to its portfolio.

Cushman & Wakefield: Office tenant renovation cost guide

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01.04.2025

The slowdown in construction costs, below the average levels of the past 5 to 10 years, has resulted in a decrease in inflation in the U.S.

Masoutis S.A. acquires Kritikos super market chain

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01.04.2025

A non-binding agreement has been announced for the acquisition of Kritis supermarkets by the Masoutis S.A. chain.

Invel and Prodea's 5-star hotel owned in Cortina joins Accor's Emblems Collection

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01.04.2025

Accor, Invel Real Estate, and Prodea Investments have announced an agreement to include the Hotel Bellevue Cortina d'Ampezzo in the Emblems Collection, marking the hotel chain's entry into Italy.

Oxford Economics: Athens the least affordable housing market in Europe

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01.04.2025

Housing prices have surged dramatically over the past decade in most European cities, significantly squeezing the purchasing power of citizens, according to a recent study by Oxford Economics.

Housing and construction the big winners of increasing capital investments

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31.03.2025

The "Quarterly Report, March 2025" by the Hellenic Parliament’s Budget Office highlights that the Greek economy is maintaining its positive momentum, with the fourth quarter of 2024 achieving the highest growth rate since the second quarter of 2023.

A 2.5% increase in retail turnover was recorded in January

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31.03.2025

The General Turnover Index in the retail sector for January 2025, compared to the corresponding index of January 2024, showed an increase of 2.5%, and compared to the corresponding index of December 2024, it decreased by 18.4%.