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In April 2024, the current account deficit increased year-on-year, mainly due to a deterioration in the balance of goods and, to a lesser extent, in the secondary income account, while the balance of services and the primary income account improved slightly.
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The historical building that used to house the Hilton Athens for more than half a century is being rebranded in "THE ILISIAN". The unit will reopen under Hilton's Conrad and Waldorf Astoria brands.
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The primary surplus of the Greek government budget was recorded at €1.6 billion in the five months of January - May on a cash basis, compared to €2.9 billion in the corresponding period last year.
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The increase of foreign investors' demand for a country house in Greece and in regions such as southern Crete, Western Greece and the Ionian Islands, has resulted in a rapid increase of private building activity in the those areas.
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LAMDA DEVELOPMENT S.A. announced that the 100% subsidiary company LAMDA RIVIERA S.M.S.A. completed the process for commissioning the construction of the commercial destination Riviera Galleria to the construction company METKA ATE, a 100% subsidiary of Metlen Energy & Metals (formerly MYTILINEOS).
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Streem Global expands its network in Serbia through the acquisition of the Nami company, confirming its leading position in the logistics industry in SE Europe.
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Lamda Development has announced changes to its shareholder composition with the entry of shipowner Giorgos Prokopiou.
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The Hellenic Statistical Authority (ELSTAT) announced the results of the Survey on Museums and Archaeological Sites Attendance for February 2024. More specifically:
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Invesco Real Estate is partnering with Barwood Capital (Barwood) to refurbish and develop circa 500,000 sq ft of logistics space in Birmingham.
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Trade Estates REIC projects are developing intensively and with all financing (of the order of €145 million) been secured.
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Dimand is apparently in talks for the sale of three projects to domestic institutional investors, according to what the company's management unveiled in the context of the REIC's shareholders General Assembly.
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HotelBrain announced agreement with the company NIMTENKO AE, owned by Mr. Telis Mystakidis, for the lease of the hotel in Thessaloniki, known as the former Hotel Nikopolis.
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The Hellenic Statistical Authority (ELSTAT) announced the Gross Domestic Product (GDP) for the 1 stquarter of 2024 (provisional data).
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DCI Advisors Ltd inks MoU with potential buyer to sell stake in Kilada Hills
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The Ministry of Infrastructure and Transport has approved the National Strategy for Building Information Modeling (BIM), which had been up in public consultation since the beginning of the year.