After years of stagnation, the two most polluting sectors of Greek industry (cement production and refineries) are aiming to reduce their carbon footprint, in alignment with the National Energy and Climate Plan (NECP) and the priorities of the EU, despite concerns raised about their competitiveness, according to an analysis by Green Tank.
The Hill Group has secured the approval for the third and final phase of Marleigh, the new neighborhood being developed at the eastern edge of Cambridge.
The Deputy Minister for Development, Zoe Rapti, recently met with Dr. Konstantinos Laskaris, Head of Research and Design for TESLA's electric motors.
The construction sector is a key pillar of the global economy, with spending expected to reach $22 trillion by 2040, up from $13 trillion in 2022. However, the sector's productivity remains stagnant, with only a 10% increase from 2000 to 2022, which corresponds to one-fifth of the overall economic growth rate.
2024 was a year of significant developments and challenges for the real estate market in Greece.
Five programs with a budget of over €250 million are expected to be implemented by the Ministry of Environment and Energy for the energy upgrade of kindergartens, primary schools, daycare centers, municipal water supply and sewerage enterprises (DEYA), mountain tourist accommodations, and other businesses.
As we stand on the threshold of 2025, the real estate industry is poised for significant transformation. The experiences of 2024 have set the stage for a year where adaptability, innovation, and strategic foresight will be paramount. Let's delve into the critical questions that will define the real estate landscape in the coming year.
Passenger traffic at Athens International Airport (AIA) increased by 14.5% in 2024, reaching 31,854,761 passengers. In December, the growth was reflected in 2,129,148 passengers, compared to the same period last year.
The submission of applications for the "execonomo 2025" program starts today. In addition to property owners (full ownership, usufruct, or bare ownership), tenants with a lease agreement that has at least seven years remaining at the time of application are also eligible to participate in the program.
AKTOR Romania, a subsidiary of the AKTOR Group, recently put the 4th Tunnel Boring Machine (TBM) into operation on the mountainous project for the construction of the Brasov - Sighisoara railway line.
The 6th edition of The Architect Show, organized annually in December by Medexpo at Metropolitan Expo, was successfully completed.
The Port of Volos is moving forward with the installation of new photovoltaic systems to meet 100% of its current electricity needs by the summer of 2025.
Global real estate prices are expected to rise over the next two years due to strong demand and the inability of supply to keep up in many countries, according to Fitch Ratings. Fitch predicts that nominal home prices will increase at low to moderate single-digit rates in most countries over the next two years. This suggests that the housing market will experience continued upward pressure on property values, driven by sustained demand and ongoing supply constraints. However, the expected growth in prices will be relatively modest, with single-digit increases indicating more moderate capital appreciation compared to previous years of rapid price escalation. This trend may reflect a cooling in market overheating, with a more balanced dynamic between supply and demand. For mortgage lenders and investors, this means the market will likely remain stable, though still offering opportunities for returns, with less volatility in property values.
Ολοκληρώθηκε με επιτυχία το 6ο the Architect Show που διοργανώνει κάθε χρόνο τον Δεκέμβριο στο Metropolitan Expo η Μedexpo