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The second trial of Vietnamese real estate tycoon Truong My Lan - who was sentenced to death for financial fraud in April - has begun, state media reported.
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Few days ago the Council of the Municipal Community of ASklepieio of the NE of Southern Rhodes has possitively voted for the environmental impact study regarding the investment of a 5-star hotel in the Kiotari area.
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Grivalia Hospitality has formed a portfolio in Greece with six luxury hotel projects in operation, with a total capacity of approximately 500 keys in Athens, Porto Heli, Paros, Thessaloniki and Crete, with a value exceeding 1 billion Euros in its five years of operation.
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The European housing market has recently undergone significant adjustments due to changes in mortgage financing and floating interest rates, with our country ranking low in terms of loans disburded in 2023, mounting at c.€1.2 billion.
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Noval Property reported an approximately 15% increase in rental revenue in H1 2024 to EUR 15.9 million, up from EUR 13.8 million in H1 2023. This is the result of continuous active asset management of existing properties, new tenant leases and rental adjustments to existing tenant leases, as well as robust footfall and increased tenants’ sales turnover at the Company’s retail assets.
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Blend Development expands its portfolio with the successful completion of the purchase of two buildings located at 74 Syngrou Street and 30 Piraeus & Geraniou Streets.
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MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announced that the fire which broke out in the afternoon of 17 September 2024 in the southern area of the Refinery of the Company has been put out.
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The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the acquisition of a majority stake of 67% in the share capital of the company “Heraklion Port Authority S.A.” (HPA S.A.) against a fee of 80 million euros, by the consortium consisting of the companies “Grimaldi Euromed S.p.A.” and “Minoan Lines S.A.”.
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Turkey has signed a "long-term" deal with French group TotalEnergies for liquefied natural gas (LNG) deliveries over ten years from 2027.
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Airbnb co-founder and CEO, Brian Chesky, is urging residents in Paris [both existing and prospective hosts] to put their homes up for a short-term rental basis during the 2024 Olympics, with up to half a million people expected to book via the platform for the duration of the Games [26 July – 11 August].
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Hellenic Properties' "The Heritage" residential project in Strofyli, Kifissia was granted two awards at the European Property Awards 2024, winning distinction in the Apartment/Condominium Development and Residential Renovation/Redevelopment categories.
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Three new railway projects totaling €1 billion are being "run" by ERGOSE in Northern Greece, aspiring to make our country a hub in the wider region.
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LAMDA Development S.A. announced that on 17.09.2024 a sale agreement was signed with the company SKITI ENTERPRISES COMPANY LIMITED, representing the interests of the family of Mr. George Prokopiou, regarding the sale of land plots within The Ellinikon, for the development of residential and office space as well as an International Curriculum school.
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"Pearl Island", the first luxury five-star hotel unit on the island of Chios, has officially opened its doors.
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The new measures regarding the imposition of a special fee for the cruise, the increases in the endurance fee, as well as the measures to streamline the framework regarding the operation of short-term leases were presented at a joint press conference by the Minister of Tourism, Mrs. Olga Kefalogianni, the Minister of National Economy and Finance, Mr. Kostis Hatzidakis, the Deputy Minister of National Economy and Finance Mr. Nikos Papathanasis, the Minister of Rural Development and Food Mr. Kostas Tsiaras, the Minister of Development Mr. Takis Theodorikakos