The works for the Esplanade and the underground parking, in Glyfada, with a budget of €13,950,000, are expected to be launched this autumn.
The upward trend in prices will continue with expectations for the Greek real estate market remaining positive and driving forces such as tourism, the improvement of infrastructure and the gradual renewal of the building stock according to the recent report on the Monetary Policy 2023-2024 of the Bank of Greece.
Jean-Pierre Hanin, CEO of Cofinimmo, will be the new Chairman of EPRA.
Dimand and Piraeus Bank announced a "landmark" agreement in the real estate market, after approximately ten months of discussions, which includes the reconstruction of the former Notos department store and its conversion into a mixed-use project.
An office property has been sold to an unnamed data center firm outside Amsterdam, the Netherlands.
The mayor of Barcelona has vowed to abolish short-term holiday lets in the Spanish city.
Wyndham Hotel & Resorts and the business group Oikos Property Developments inked a cooperation agreement for launching the first Ramada Residences by Wyndham in Greece.
The Municipality of Lamia and the Municipality of Levadea of the Region of Central Greece, were compritse in the Land Registry, after the completion of the land registration process.
Alimos Marina enters the final licensing phase as the Joint Ministerial Decision was signed by the Ministries of Environment - Energy and Tourism regarding the long-awaited second approval of the location and environmental conditions.
With the Federal Reserve making no clear commitment to when an interest rate cut may come, homebuilders are scaling back.
Uni Systems expands presence in Greece and abroad as part of the implementation process of its strategic plan.
Two new projects to improve road safety in Fthiotida were financed and auctioned by the Region of Central Greece with a total budget of €1,800,000.
Alpha bank establishes a new company to which Alpha Leasing's serviced contracts will be transferred along with their related real estate collaterals.
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has reached a definitive agreement with GEK TERNA SA (GEKTERNA.AT) and other shareholders of TERNA ENERGY SA (TENERGY.AT), with the intention to acquire initially 67% of the company’s outstanding shares at completion of the transaction, subject to regulatory approvals and other conditions.
Energean plc (is pleased to announce that it has entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners (“Carlyle”) for an enterprise value (“EV”) of up to $945 million, of which $820 million is firm (the “Transaction”).