The signing of the contract for the crucial project of restoring the operational depths of the Port of Volos, following the severe weather events "Daniel" and "Elias," was carried out by the Strategic Importance Contracts Unit (Project Preparation Facility – PPF) of the Hellenic Republic Asset Development Fund (HRADF), with the Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, and the Vice Chairwoman of the Board of Directors of the contractor company, "TEKAL," Ar. Psaltakou.
The approval for seaplane flights by the Hellenic Navy General Staff (HNGS) and the relevant authorities for the maritime area of Alimos now allows the Southern Suburbs of Athens to be served by flights to the islands of the Cyclades, Dodecanese, Sporades, Ionian, Northern Aegean, as well as coastal destinations in the Peloponnese.
The transfer of the entire real estate portfolio to Skyline Properties Sole Proprietorship S.A. has been successfully completed, following the recent Share Capital Increase undertaken by the company.
Hines announced the commencement of construction for Apollo Hills, the iconic €200 million luxury residential development located in Voula, on the Athenian Riviera.
QUARTIER GRÜNER WEG GmbH, a subsidiary of Techniki Olympiaki, has successfully acquired an office building located in close proximity to Frankfurt Airport.
Stenhus Fastigheter, owned by the Georgiadis brothers, who are also major shareholders with a 41.43% stake in Premia Properties, has been listed on the Stockholm Stock Exchange.
Premia Properties has announced the successful completion of the transaction with Nordic Leisure Travel Group.
Trastor REIC announced the achievement of the prestigious international LEED GOLD certification for one more commercial storage and distribution center, with a total area of 8,705 sq.m. in Aspropyrgos, Attica.
Masdar has submitted a mandatory public offer for TERNA Energy as part of the finalization of its acquisition agreement with the energy group.
After several years of persistent efforts, the Nafplio waterway has finally received environmental licensing, with the infrastructure approval granted following a meeting of the Central Archaeological Council (KAS). This marks a significant milestone in the project’s progress, bringing the region closer to realizing its plans for a modern waterway network that will enhance tourism and the local economy.
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. announced that the Board of Directors of the Company in its meeting dated October 29th, 2024 decided the distribution of an interim dividend of Euro 0.30 per share as advance payment for the fiscal year 2024 dividend.
Ms. Natalia Strafti will assume the role of CEO at Grivalia Hospitality, effective January 1, 2025. The company’s founder, George Chryssikos, will continue to play an active role as Executive Chairman, ensuring ongoing leadership and strategic guidance for the organization.
The Ministry of Infrastructure and Transport's bill titled "Restructuring the Railway Sector and Strengthening Transport Regulatory Bodies" is set to be introduced for discussion and voting in the Plenary Session of Parliament. The bill was approved by a majority vote in the Production and Trade Committee on December 17th.
An even greater intensification of work is anticipated in the upcoming period at Lamda Development's major project in Hellinikon, despite the ongoing challenges in the construction market, primarily driven by a shortage of skilled labor.
The Ministry of Environment and Energy is suspending building permits that utilize NOK incentives until the Council of State's decision is issued.