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Banks demonstrated a robust profitability trajectory in the first nine months of 2024, prompting management teams to revise their profitability forecasts for the full year 2024 upwards.
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Another significant development in Intrum's restructuring process occurred in the United States with the voluntary filing for Chapter 11 bankruptcy protection.
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The Board of Directors of Ellaktor has granted approval for the issuance of a bond loan of up to €65 million for its subsidiary, REDS S.A..
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The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of enterprises in all sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for September and 3 rd quarter 2024.
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The strategic partnership between Prosperty and the Hellenic Land Registry was officially announced under the auspices of the Ministry of Digital Governance, with the National Documentation Center serving as the implementing body.
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The alternative scenarios and the selected Special Town Planning (STP) Plan for Thira were formally presented by the Minister of Environment and Energy, in conjunction with the Technical Chamber of Greece (TEE) and the Municipality of Thira, as an integral component of the "Konstantinos Doxiadis" urban planning reform program.
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HELLENiQ ENERGY Holdings S.A. announced its 3Q24 consolidated financial results, with Adjusted EBITDA amounting to €183m and Adjusted Net Income to €49m, while for 9M24 they amounted to €753m and €284m respectively.
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EURAMCO acquired the first solar park on behalf of the private investor RES fund, EURAMCO Clean Power GmbH & Co. KG.
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According to Deloitte's 2025 Commercial Real Estate Outlook report, 2025 is anticipated to be a pivotal and favorable year for the commercial real estate market, with significant opportunities and challenges poised to shape the landscape.
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The AVAX Group was honored with a significant distinction in recognition of its ongoing commitment to human capital and the promotion of equal opportunities in the workplace.
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The Overall Import Price Index (MPI) in Industry with base year 2015=100.0 in September 2024 recorded a decrease of 10.6% compared with September 2023.
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The total proceeds from real estate sales at Elliniko, from the inception of the project through October 31, 2024, have amounted to €967 million. Of this total, €668 million pertains to residential developments, including those along the Coastal Front and in the Little Athens Neighborhood.
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A significant development for the real estate brokerage industry was the agreement in principle reached at a recent meeting held at the Athens Chamber of Commerce. This agreement paves the way for real estate professionals across Greece, possessing the appropriate Activity Code, to gain direct access to the Land Registry. This advancement is expected to significantly enhance transparency, streamline processes, and improve the overall efficiency of real estate transactions nationwide.
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A digital map is being developed by the Independent Authority for Public Revenue (AADE) in collaboration with the Ministry of Digital Governance. This map will provide a detailed overview of the status of properties within a given area, indicating whether they are vacant, owner-occupied, or rented. It will also display recent transactions, including declared sale and rental prices, offering a comprehensive view of property activity in the region.
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The upgraded Tripoli Courthouse was handed over upon the completion of comprehensive damage restoration and repairs executed by Building Infrastructure.