Prodea's fair value of AUM amounted to €2,717.3M in 2023

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24.04.2024

PRODEA Investments announced that the group's rental income amounted to €165.2 million compared to €149.7 million in 2022 (an increase of 10.3%).

Greek listed real estate sector total value at US$4.73 billion

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24.04.2024

At the end of Q1-2024, the total value of the listed real estate sector in Developed Europe was USD 423 billion, of which 65.1% is represented in the FTSE EPRA Nareit Developed Europe Index.

Ideal Holdings sold its subsidiary Astir Vitogiannis to Guala Closures

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23.04.2024

IDEAL Holdings through its subsidiary SICC Limited, signed an agreement to sell 100% of Astir Vitogiannis S.A. (“Astir”) to Guala Closures.

Savills has sold office and laboratory building in Germany

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23.04.2024

Savills, on behalf of Le Masurier, has sold the office and laboratory building, HENRI, in Erlangen, Germany to French SCPI, Transitions Europe, managed by Arkea Real Estate Investment Management, for more than €12m.

Foreclosure risk challenges the European mortgage borrowers

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23.04.2024

A growing number of low-income Europeans are set to fall behind on paying essential bills in the coming months due to rising interest rates, steep rents and utility costs, according to research by the European Central Bank (ECB).

The new Attica Capital Taxation Center in full operation

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19.04.2024

The new Attica Capital Taxation Center (KEFOK) of the Independent Public Revenue Authority will be operational from Monday 22/4, to which the responsibilities of property transfer and property ownership taxation of the Attica Prefectural Tax Office will gradually be transferred.

RIGINOS Yachts declares €7.5M in new investments

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19.04.2024

RIGINOS Yachts enganges in new investments with the aim of boosting the company's development prospects and at the same time further strengthening its position in Greece and abroad in the yachting and marine tourism industry.

Mortgage Rates in the USA climb above 7% for first time in 2024

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19.04.2024

Mortgage rates rose above 7 percent for the first time this year, crossing a symbolically concerning threshold that threatens to keep millions of potential home buyers and sellers on the sidelines of a U.S. housing market that is increasingly showing signs of slowing.

Ellaktor filled offer to acquire 38.79% stake in REDS

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19.04.2024

Ellactor made a proposal to purchase 38.79% of the shares of REDS, which was accepted.

Deficit of the balance of goods widened in the second month of 2024

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19.04.2024

In February 2024, the current account deficit increased year-on-year, due to a deterioration in the balance of goods and the primary and secondary income accounts, while the balance of services improved.

Henderson Park and Hines' Apollo Hills in Voula under construction (Photos)

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19.04.2024

Henderson Park and Hines have announced the start of construction on Apollo Hills, their joint €200m residential development in Voula.

Inflation in supermarket products up by 0.28% in March

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18.04.2024

Inflation in supermarket products "ran" at a rate of 0.28% in March 2024 compared to 2.70% in February 2024, according to the results of a targeted survey by the Consumer Goods Retail Research Institute (IELKA) exclusively in the channel of large chains of the industry.

Vastned dinvests from the Rokin Plaza in Amsterdam

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18.04.2024

In 2023, Vastned conducted a strategic reorientation, of which the outcome was that selling specific parts of the portfolio at the right price would unlock the most value for Vastned and its stakeholders.

Historic high profitability for Lamda Malls in 2023

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18.04.2024

Lamda Development reported consolidated operating results (Group EBITDA) at €206m and consolidated net profit (after taxes and minority interest) at €27m, vs. €31m. losses in 2022

There was delivered one of the largest logistic centers based in Poland

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17.04.2024

Panattoni has finished the last stage of Panattoni Park Sulechow III. The centre has been developed for BestSecret.