Therme Dubai the world's tallest wellness building to open in 2028

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05.02.2025

The world's tallest wellness building is being constructed in Dubai and is expected to open its doors to the public in 2028.

How artificial intelligence is transforming construction sites

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05.02.2025

The rapid advancement of artificial intelligence (AI) is having a significant impact on the construction sector, sparking a "race" among companies to adopt innovative solutions. Leading firms such as Balfour Beatty and Skanska are at the forefront of developing AI-driven assistants to optimize their processes, aiming to enhance the efficiency and quality of their projects.

Hotel permit for Sarakiniko, Milos on the brink of cancellation

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05.02.2025

The ongoing turmoil surrounding building permits continues after the suspension of construction on a hotel development in Milos, ordered by the Ministry of Environment and Energy (YPEN) to safeguard the landscape and natural environment.

Development of Europa Experience at the Arsakeio Arcade advances

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05.02.2025

Legendary Food has delivered a 1,000 sqm space to the European Parliament as part of the renovation of the historic Arsakeio Arcade, aimed at the creation of Europa Experience.

Progressing redevelopment of the former Tsatsouloglou Furniture factory site

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04.02.2025

Piraeus Bank announced its agreement with the Ministry of Culture for the funding of the redevelopment study for the Piraeus 260 space.

Countdown begins for the "Upgrading My Home II" program

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04.02.2025

The application platform for the "Upgrading My Home 2" program will soon be open. This initiative offers interest-free loans of up to €25,000 to eligible individuals, with no income requirements, to help them renovate their primary or secondary residences.

Amazon is investing in 3 large renewable energy projects in Greece

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04.02.2025

Amazon has announced three new investments in our country in the field of Renewable Energy Sources.

AKTOR plans €600M investments in Real Estate

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04.02.2025

The AKTOR Group's new shares began trading on the Athens Stock Exchange following a successful €200 million oversubscribed capital increase. The funds will support a €2 billion investment plan to expand the Group's activities and create new revenue streams.

Invesco Real Estate has sold the Skålen 30 office building

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04.02.2025

Invesco Real Estate has sold the Skålen 30 office building in Hagastaden, Stockholm, to Humlegården Fastigheter AB.

Legendary Caesar Augustus Hotel in Capri sold for almost €200M

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04.02.2025

The five-star Hotel Caesar Augustus, with 55 rooms, located in Capri, Italy, has been acquired by Grupo Statuto from the Italian Signorini family for €180 million, equivalent to €3.2 million per room.

Climate Change reshapes Real Estate Insurance

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04.02.2025

Climate change has emerged as one of the most significant factors impacting both the real estate market and the insurance industry across Europe. The rising frequency of natural disasters, including floods, wildfires, and heatwaves, is causing substantial financial losses, directly affecting the cost and availability of insurance coverage.

New real estate company established by the Vasilakis family

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04.02.2025

The company "Thema Akinita Monoprosopi S.A." (trading as "The.MaAkinita") with an initial share capital of €6 million was founded by the Vasilaki family.

Orilina Properties sold a residence at Marina Residences

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03.02.2025

Orilina Properties announced the signing of a private pre-agreement concerning its residential complex at the Agios Kosmas marina.

Growing risk to aviation safety: understaffed air taffic control services

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03.02.2025

The Greek Air Traffic Controllers Union is sounding the alarm as understaffed services and outdated surveillance equipment can no longer meet the ever-increasing air traffic demands.

Strong start for the economic climate in 2025

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03.02.2025

The economic climate showed an upward trend in January, according to data from IOBE, with the index reaching 108.6 points, up from 106.4 in the previous month.