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%).
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 through its subsidiary SICC Limited, signed an agreement to sell 100% of Astir Vitogiannis S.A. (“Astir”) to Guala Closures.
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.
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 (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 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 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.
Ellactor made a proposal to purchase 38.79% of the shares of REDS, which was accepted.
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 have announced the start of construction on Apollo Hills, their joint €200m residential development in Voula.
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.
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.
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
Panattoni has finished the last stage of Panattoni Park Sulechow III. The centre has been developed for BestSecret.