Greek government is considering to temporary freeze of real estate property objective values

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16.09.2024

Recommendations for a "freeze" in objective values of real estate properties, at least for next year, are being considered by the Ministry of National Economy and Finance on the grounds that this decision will contribute, together with the other interventions of the government, to solving the housing problem.

DHL Express declares more than €100M investments to expand network

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16.09.2024

DHL Express, the world’s leading international express delivery provider, has ramped up its investments in transportation and shipment handling capacity in anticipation of increased demand for express services during the traditional end-of-year peak season.

Rising returns in retail sector. The "Battle" of Malls

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16.09.2024

Despite the high inflationary pressures that tend to squeeze consumer confidence, as well as the pessimistic forecasts of previous years, and unlike most European countries, the Greek retail market performed well in 2023, a trend that continues in 2024.

Why hybrid working reduces parental stress

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16.09.2024

Σύμφωνα με νέα έρευνα που δημοσιεύτηκε πρόσφατα από την International Workplace Group, οι εργαζόμενοι γονείς δηλώνουν ότι η βελτιωμένη πρόσβαση σε χώρους εργασίας κοντά στην κατοικία τους θα μπορούσε να μειώσει σημαντικά το άγχος που αντιμετωπίζουν κατά τη διάρκεια των καλοκαιρινών διακοπών.

Premia sold winery in Santorini island for €6,5M

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16.09.2024

PREMIA PROPERTIES announced the sale of a winery as at 13.09.2024, with total leasable area of 2,211 sq.m. on a land plot of 23,014 sq.m. in Megalochori Santorini to the company "Ktima Alpha".

CLIA Statement regarding Tourism Management Measures in Greece

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13.09.2024

The cruise sector is a success story for Greece contributing 1.4 billion euros to the economy in 2022. CLIA has long called for more investment in port infrastructure and worked with destinations to implement efficient planning for cruise ship berthing. Any increase in the existing port fee should be fit for purpose, proportionate to the specific port investment needs, and apply across all visitors, with revenues directly reinvested into port operations and the local communities.

New peer steps foot in Greek datacenter' market

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12.09.2024

Brookfield-backed Data4 will invest around €300 million ($331 million) to build and develop a new hub in Greece amid increasing demand for data centers driven by artificial intelligence services.

TITAN Group launches Sustainability-Linked Financing Framework

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12.09.2024

TITAN Group announced the launch of a Sustainability-Linked Financing Framework (the “Framework”) aligning TITAN’s financial strategy with its GHG emission reduction targets validated by the Science Based Targets initiative (SBTi). This Framework marks a pivotal step in accelerating the company's sustainable growth in line with its Strategy 2026.

Glencar delivers 14 industrial units for Chancerygate

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12.09.2024

Glencar has completed construction of 14 new industrial units for Chancerygate at the Dagenham Logistics Hub development in Dagenham, London.

The concession agreement was inked for exploitation Attica Motorway

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12.09.2024

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the singing of the concession agreement for the financing, operation, maintenance and exploitation of Attica Motorway for a period of 25 years, between the Greek State, the Fund, the concession company NEA ATTIKI ODOS S.A. and GEK TERNA S.A., which in September 2023 in the tender carried out by HRADF was declared Preferred Investor with an offer of 3,27 billion euros.

Job vacancies increased 58,8% in the second quarter of 2024

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12.09.2024

The number of job vacancies in the 2nd quarter 2024 recorded an increase of 58.8% in comparison with the 2nd quarter 2023 (58,941 and 37,107 respectively), whereas the corresponding number of job vacancies in the 2nd quarter 2023 had recorded an increase of 36.2% in comparison with the 2nd quarter 2022.

UNDP uses 3D printers for a construction project in Colombia

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12.09.2024

The United Nations Development Program (UNDP) is working with WASP to assist in the construction of sustainable buildings in Colombia. UNDP has acquired a Crane WASP and is using local materials like soil and agricultural waste to build in hard-to-reach areas. Known as the Infinity 3D printer, the Crane WASP is designed for versatility and mobility, making it suitable for remote locations.

Real Estate Acquisition and Leasing Agency in Greece: Rent calculation and buy back opportunity

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12.09.2024

The ministerial decision regulating the latest developments with regards to the Real Estate Acquisition and Leasing Agency in Greece in order to submit the binding offers and complete the tender processwas published in the Official Gazette.

Lone Star Funds raises €2.4M for real estate focused fund

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11.09.2024

Lone Star Funds announced the final close of its latest commercial real estate fund, Lone Star Real Estate Fund VII, L.P. (“LSREF VII”).

Intense interest for the Nea Karvali-Toxotes railway project tender

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11.09.2024

There were five financial offers submitted in the ERGOSE tender for the project of the new railway line in the Nea Karvali - Toxotes section, with an auction budget of €193.2 million.