The Abu Dhabi Future Energy Company (Masdar) and the Albania Power Corporation (KESH) have announced plans to build a “gigawatt-scale” renewable power portfolio in Albania.

Recent shifts in the European economic landscape have sparked significant developments for real estate markets, driven by lower interest rates, evolving policies, and changing investment dynamics.

A key milestone has been reached in the redevelopment of the iconic former "FIX Brewery" facilities at the western entrance to Thessaloniki with the issuance of the Presidential Decree (Government Gazette D' 805/2024). This decree marks the activation of the site’s urban planning process, unlocking its potential for future development.

Following its recent agreement with AKTOR and the sale of 57 properties to AKTOR REAL ESTATE, valued at approximately €600 million, Prodea Investments has completed the sale of a new real estate portfolio to Trastor. This portfolio consists of three distinguished office buildings, all fully leased under long-term lease agreements.

The agreement for the sale of 20% of Ariadne Interconnection's shares — the company responsible for the Crete-Attica electricity interconnection — to State Grid International Development (SGID) was signed by IPTO.

As COP29 unfolds in Baku, global attention is being paid to the urgent need to decarbonize cities and reform urban development practices. Real estate plays a critical role, intersecting both urbanization trends and the management of individual buildings. With the European Union emphasizing green infrastructure and resilient urban planning, this summit highlights strategies to reduce emissions, promote sustainability, and address climate resilience challenges.

The Consumer Prices Index, including owner-occupier housing costs (CPIH), rose by 3.2% in the 12 months to October in UK, up from 2.6% in September.

Clarifications have been issued regarding the valuation of plots both within and outside the objective value system, as well as expropriable real estate, particularly those subject to special condition factors (such as non-buildable, blind, or reserved properties). Additional guidance is provided for properties in 'gray zones,' including underground spaces, semi-basements, and lofts, as well as for the consideration of property age. These clarifications, which have significant implications for real estate valuation, are outlined in a decision by the Ministry of Finance, published in the Official Gazette.

Hines has strengthened its position in the logistics sector with the acquisition of the Onyx portfolio in France on behalf of the HEPP (Hines European Property Partners) fund from SEGRO, on behalf of SELP (SEGRO European Logistics Partnership).

MSC Cruises has inaugurated its inaugural winter cruise season in Greece, marking the company’s first year-round operations in the country.

The preparation of a study has commenced for the critical bridge linking the municipalities of Athens and Nea Philadelphia - Nea Chalkidona, which has been identified as a high-risk area during heavy rainfall.

BriQ Properties REIC announced that on Friday 15/11/2024, the Extraordinary General Meetings of the companies to be merged approved the merger of the Company by absorption of "INTERCONTINENTAL INTERNATIONAL REAL ESTATE INVESTMENT SOCIETE ANONYME".

AFI Microfinance SA (Action Finance Initiative Microfinance Foundation SA) further strengthens its partnership with Eurobank, underscoring the bank’s commitment to microcredit as a cornerstone of its Corporate Social Responsibility (CSR) strategy. This collaboration plays a pivotal role in advancing the sustainable development of an inclusive economy, with a focus on improving the socio-economic conditions of vulnerable communities and fostering financial inclusion.

Airbnb, in collaboration with Paramount Pictures, is offering 16 lucky guests an exclusive after-dark experience inside the iconic Colosseum in Rome.

The real estate company NP3 has in three transactions acquired six properties primarily for industrial and commercial purposes.