Inflation in Greece up 2.9% in September 2024

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10.10.2024

The evolution of the Consumer Price Index (CPI) of September 2024 (reference year 2020=100.0) is depicted as follows: The CPI in September 2024 compared with September 2023, increased by 2.9%. In September 2023, the annual rate of change of the CPI was 1.6%.

The Council of State revokes building permit for an Hydra settlement development

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10.10.2024

The 5th Department of the Council of State (CoS) ruled that in the central part of the monumental settlement of Hydra, only the reconstruction of a building, similar to the one whose existence can be proven, is allowed.

Smart buildings need smart networks to perform

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10.10.2024

As urban electricity needs continue to grow, the reliability of electricity grids is critical, while increasing demand for electricity, followed by skyrocketing prices, generate challenges for grid management.

Emirates invests in clean energy

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09.10.2024

In a major move to improve energy efficiency and sustainability, Emirates has partnered with Etihad Clean Energy Development to launch a large-scale solar power project at its Engineering Centre in Dubai.

RAKIS SUMMIT Poised to Unlock Investment Potential in Ras Al Khaimah

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09.10.2024

The Ras Al Khaimah Investment and Business Summit is set to take place at RAK Exhibition Centre from December 10th-11th, 2024, offering an unparalleled platform for global business leaders, investors, and policymakers to explore investment and trade opportunities in Ras Al Khaimah, UAE. Hosted by Ras Al Khaimah Chamber & Ras Al Khaimah Exhibition Centre, and with RAKEZ as foundation partner, the event will welcome attendees from various sectors to discuss and discover the vibrant economic landscape of Ras Al Khaimah.

Titan Group inks deal with ThyssenKrupp for carbon capture technology

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09.10.2024

ThyssenKrupp Polysius has signed a front-end engineering design contract with Titan Group for the Ifestos carbon capture project at Titan’s Kamari cement plant.

Delancey sales North London industrial estate on behalf of UK pension fund

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09.10.2024

Delancey Real Estate (Delancey), a leading UK-focussed investment, asset, and development manager, has announced the successful sale of Trafalgar Trading Estate in Enfield, London for £27.45 million, reflecting a net initial yield of 3.73%.

New luxury hotels from Hilton and IHG in Abu Dhabi

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09.10.2024

Abu Dhabi already has an incredible assortment of hotels, but a few hotel brands with major loyalty programs are making moves in this capital city.

Corporate real estate under the microscope

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09.10.2024

The global survey of decision makers shows that organizations are planning to increase and rebalance organizational headcount in the coming years and many are ready to invest into their real estate, expecting to increase budget and footprint.

Six expressions of interest for the student residences development in Western Macedonia

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08.10.2024

There is strong interest in PPP projects related to the construction of student residences.

GEK TERNA inks deal to dispose 10% stake in Attiki Odos to Latsco Family Office

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08.10.2024

GEK TERNA Group in line with the provisions of the concession agreement for Attiki Odos, announced that following an agreement with Latsco Direct Investments Cyprus Limited intends to submit to HRADF a filling for the acquisition from the latter of 10% of the share capital of Nea Attiki Odos S.A.

Greek trade deficit reduced by 6.5% in August 2024

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08.10.2024

The total value of imports, in August 2024 amounted to 6,210.6 million euros (6,804.6 million dollars) in comparison with 6,449.5 million euros (7,014.9 million dollars) in August 2023, recording a drop, in euros, of 3.7%.

The main pros for real estate triggered by the new Land Registry regulation

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08.10.2024

The Official Gazette was published with the main regulations for the Land Registry, some of which were core requests and proposals by property owners.

BlackRock - YTL Set to Buy Singapore Serviced Apartments

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08.10.2024

BlackRock Inc. and the hotel unit of Malaysian developer YTL Corp. are set to purchase a group of serviced apartments in a prime office building in Singapore’s Central Business District, according to people familiar with the matter.

Papoutsanis SA reports €49,6M turnover in the 9months period to September 2024

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07.10.2024

Papoutsanis SA, leading Greek soap and liquid cosmetics industry in Greece and the largest producer of solid soaps in Europe, announces its turnover for Q3 2024.