€144.3M secured for the 13 Regional Civil Protection Operations Centres

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15.10.2024

The process of implementing the 13 Regional Civil Protection Operations Centres has been shifted into a build to use build to purpose scheme rather than a PPP project. Two relevant decesions of the responsible authorities have been issued on the matter.

Southrock wins EDGE certification for its projects in Mykonos

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14.10.2024

The international certification EDGE (Excellence in Design for Greater Efficiencies) by the independent organization Green Business Certification Inc. (GBCI) was assigned to Southrock Asset Management for its luxury residential projects in the areas of Agios Ioannis and Fokos in Mykonos.

35 buses were added to OASA' vehicle fleet

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14.10.2024

35 new buses will be used to facilitate routes throughout Attica regions, bringing the total number of vehicles to 110.

Robust upward trend for the Greek commercial real estate industry

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14.10.2024

Greek retail real estate sector continues to move on an upward trajectory since 2019, with market views converging that this image will continue in the next five years.

The World Bank: Poorest Economies face toughest conditions in two decades

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14.10.2024

The world’s 26 poorest countries are deeper in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, the World Bank has said.

Greece records the highest overall rate of renting dificulrties in the EU

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14.10.2024

In 2023, across the EU, approximately 4.9% of people aged 16 or over reported experiencing housing difficulties in their lifetime (situation when a person had no place of their own and was forced to stay in a temporary accommodation).

Housing market pushes IKEA sales lower

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11.10.2024

IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year.

United Airlines extends seasonal flights schedule from Athens to the US

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11.10.2024

United Airlines has announced an extension of its seasonal flights with daily direct connections from Athens to the USA for the summer of 2025.

Greek enterprises turnover up 2,9% in August 2024

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11.10.2024

For the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in August 2024 amounted to 32,208,347 thousand euro, recording an increase of 2.9% in comparison with August 2023, when the respective turnover was 31,307,686 thousand euro.

European Hotel transactions reached €10,6B in the first half of 2024

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11.10.2024

Hotel transaction activity increased to the highest levels since 2019 in the first half of 2024, according to HVS' H1 2024 European Hotel Transactions report.

Partial suspension of operations at 14 Fraport airports

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10.10.2024

As part of the further upgrade of the regional airports and having already completed the second phase of restructuring and reconstruction of the runways, Fraport Greece, the operator of the 14 regional airports in Greece, will proceed to the third phase of the construction works.

Lamda and Spyros Latsis launch SPV to develop residentials in the Ellinikon

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10.10.2024

Lamda Development and Spyros Latsis launched the "AURA RESIDENTIAL" special purpose vehicle to develop OT AP1-4 in the Little Athens neighborhood in Ellinikon.

BriQ unveils proposed share exchange ratio with ICI

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10.10.2024

BriQ Properties REIC announced that its Board of Directors, at its meeting on 8 October 2024, approved the following,

Which stakeholders pick Romania for real estate investments in 2024

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10.10.2024

Romania amongst the top real estate investment destination countries.

Metlen declares successful pricing of its green bond offering of €750M

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10.10.2024

Metlen Energy & Metals S.A., a leading global industrial and energy company rated BB+ (Stable) /BB+ (Stable) (S/F) announced the successful pricing of its green bond offering (the “Offering”) of €750.0 million aggregate principal amount of 4.00% senior notes due 2029 (the “Notes”), at an issuance price of 100%.