PATRIZIA welcomes UK government’s green light for industry-leading data centre in Thames Valley golden corridor

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11.12.2024

PATRIZIA, a leading partner for global real assets, has welcomed the decision by Secretary of State for Housing, Communities and Local Government Angela Rayner to approve plans for an industry-leading high-tech data centre at Court Lane Industrial Estate in Iver, Buckinghamshire.

Goldair turns to luxury accommodation developments

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11.12.2024

In 2024, Goldair made a strategic and impactful entry into the hospitality sector with the acquisition of the esteemed Mykonos Flow hotel, situated on the renowned island of Mykonos.

$2 trillion in CRE mortgages are set to mature over the next three years

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10.12.2024

Following the Global Financial Crisis (GFC), transaction volumes in the commercial real estate (CRE) sector exhibited a gradual recovery, although they did not fully return to pre-2015 levels. Over the subsequent four years, transaction volumes remained relatively stable, until the onset of the COVID-19-induced recession in 2020, which precipitated a significant decline.

Greek annual CPI rate increases 3% in November 2024

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10.12.2024

The CPI in November 2024 compared with November 2023, increased by 2.4%. In September 2023, the annual rate of change of the CPI was 3.0%. The CPI in November 2024 compared with October 2024, decreased by 0.4%. In November 2023, the monthly rate of change of the CPI was also -0.4%.

Deloitte advises superfund on Kalamata Airport concession deal

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10.12.2024

Deloitte served as the Financial Advisor to the Growth Fund, offering expert support and guidance throughout all stages of the tender process for the concession of Kalamata International Airport "Captain Vas. Constantakopoulos".

Sarantopoulos Mills proceed with the divestment of a property in Kaminia

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09.12.2024

Sarantopoulos Mills has resolved to proceed with the divestment of a property located in Kaminia, comprising a total land area of 4,644 square meters and a built-up area of 8,271 square meters.

URW acquires a 38.9% stake in URW Germany GmbH

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09.12.2024

Unibail-Rodamco-Westfield (“URW”) announced that it has acquired a 38.9% stake in URW Germany GmbH and its related entities (together “URWG”) from its joint venture partner Canada Pension Plan Investment Board.

The agreement for the acquisition of 50% of the share capital of Elpedison B.V.

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09.12.2024

HelleniQ Energy Reveals Terms of Agreement for Elpedison.

Construction Progress of the E65 Motorway at 66.35%

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09.12.2024

The E65 motorway, currently under construction by TERNA, spans a total length of 182.1 kilometers and is considered one of the most significant national infrastructure projects. The project has an estimated total budget of approximately €1.4 billion.

Metlen declares flagship bauxite exploration project in Ghana

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09.12.2024

METLEN's Energy & Metals investment in Ghana for bauxite exploration and exploitation receives significant support from the European Union's Global Gateway as it is included in the list of flagship projects for 2025.

Greek exports decrease in October 2024

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06.12.2024

According to provisional data released on December 6, 2024, by the Hellenic Statistical Authority and processed by SEVE's IEES, a decline in exports was observed in October 2024.

Detailed shareholding structure of Premia Properties' agreement for Village

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06.12.2024

In a recent announcement, Premia Properties has provided clarifications to the Capital Market Commission regarding the agreement for the Village Shopping & More shopping center located in Renti, Attica.

New ministry of tourism regulation establishes framework for short-term rentals

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06.12.2024

The new bill introduced by the Ministry of Tourism has been put up for public consultation, continuing the Ministry's previous legislative initiatives, specifically Law 5061/2023 and Law 5121/2024.

Where Greeks and foreigners are searching to buy land

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06.12.2024

Spitogatos recently published a comprehensive report analyzing user search activity related to land acquisitions on its platform. The report offers a comparative analysis of search trends for 2024, alongside data from 2023 and 2022, highlighting several surprising and noteworthy developments in the real estate market.

The Worst Global Housing Affordability Crisis in a Decade

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05.12.2024

The aftermath of the pandemic has sparked the worst housing affordability crisis in over a decade, according to new IMF research. Rising house prices, higher mortgage rates, and stagnant incomes have significantly worsened affordability, making housing costs more burdensome than during the 2007–2008 financial crisis.