Strong growth potential in the Greek residential market

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07.10.2024

A significant number of residential projects are underway in the wider area of ​​the capital but also in urban hubs across the country, with the focus on the Ellinikon Urban Redevelopment. The largest in Europe that is currently under development.

€30M investment in Club Med Gregolimano

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07.10.2024

The renewed Club Med Gretgolimano was recently inaugurated by the Club Med hotel group in the presence of its president Henri Giscard d'Estaing.

New record high for UK house prices

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07.10.2024

According to data released by Halifax on Monday, UK house prices are up 4.7% in a year as lower mortgage rates help boost the market.

New building regulation' bonuses to be judged in the Council of State

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07.10.2024

The Plenary Assembly of the Council of State meets on October 11 to judge the constitutionality of the bonuses provided for by the New Building Regulation.

By the end of 2026 are to be delivered the tunnels of Athens Metro Line 4

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07.10.2024

Athens Metro Line 4 expansion in full progress with development works currently underway on 25 of the line's total of 26 spots.

Ble Kedros REIC appoints new Financial Director

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07.10.2024

Changes to the position of Financial and Administrative Director have been announced by Ble Kedros REIC.

Grand Hyatt Athens was sold to a Blackstone - HIP JV

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04.10.2024

Blackstone and Hotel Investment Partners (HIP) ink agreement to acquire the Grand Hyatt Athens hotel from Hines and Henderson Park.

HIH Invest and Vonovia buy 1,592 residential units

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04.10.2024

HIH Invest Real Estate GmbH (HIH Invest) just launched an investment fund in collaboration with the Vonovia housing company.

Office operational costs increase in Romania in the first half of 2024

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04.10.2024

There was no office project delivered in Bucharest in H1 2024, yet the leasing activity was strong, with 168,000 sq. m being transacted in the capital city in Q1 (91,100 sq. m) and Q2 (76,900 sq. m), thus marking a decrease of only 11% compared with H1 2023.

Insulation made of discarded sheep wool

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04.10.2024

Local studio DUB Arquitectura has created a metal-clad house called Casa La Escocesa, which features "insulating blankets" made of sheep wool that otherwise would have been incinerated.

The most expensive suburbs to reside in Athens in 3Q2024

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04.10.2024

Apartment rental and sale prices continue their upward trend in the third quarter of 2024.

Greek offices, hotels and storage spaces secotrs are expected to perform well

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03.10.2024

The property market strongly performed in storage spaces, offices, and hotel/residential sectors, while residential properties as well as short-term rental spaces appeared overvalued. Positive impacts included economic recovery, political stability, and increase in tourism, though geopolitical uncertainties, inflation, and high construction costs posed challenges.

The UK and EU countries behind the biggest tax havens worldwide

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02.10.2024

The UK and EU countries are linked with the biggest tax havens in the world according to figures from the Tax Justice Network.

HFSF declares new narrower price range for NBG offering

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02.10.2024

Adjusted price range regarding the offering by the Hellenic Financial Stability Fund (“HFSF”) of existing common, registered, dematerialised shares with voting rights, listed on the Regulated Market of the Athens Stock Exchange, with a nominal value of €1.00 each (the “Offer Shares”) in the share capital of National Bank of Greece S.A. (“NBG”) with offering price range between €7.30 and €7.95 per Offer Share in cash.

Frigoserve expands its service network with new hub in Sweden

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02.10.2024

Frigoglass Group announced that its Frigoserve business vertical, offering customers top-quality Asset Performance Services, has expanded. A new hub operating out of Sweden, and the 18th worldwide, has been added to the Group’s extensive service network.