Deposits placed by the private sector decreased by €1,068 million in February 2024, compared with a decrease of €5,238 million in the previous month, accoridng to data unveiled by the Bank of Greece.

The Total Building Activity (private-public) in Greece, in December 2023 which is calculated on the basis of the numberof issued building permits, amounted to 2,533.

The initiatives taken by the new municipal authority of Athens in order to advance the project of "Double Redevelopment" were presented by the Mayor of Athens, Haris Doukas, during the recent Municipal Council meeting.

Union Investment has sold the Stockholm office building Sthlm Hub, also known as Uggleborg 14, to Vasakronan for c. €62m. The purchase price is higher than the most recent valuation. Vasakronan is owned by four of Sweden's national pension funds and already owns the neighbouring property.

Skroutz invests in new warehouse with a total area of 25,000 square meters in Aspropyrgos, Attica.

The pipeline of public and private projects of the country's major construction groups is at a historically high level, a result of the improvement in performance and conditions in the Greek economy, the size of the financing from European resources, but also the large lag in investments during the previous decade .

Work has begun on the development of the Environmental Awareness Park in the former Kougia mixed use scheme in Kareas.

The multi-bill of the Ministry of Public Works, which is expected to include the resolution of issues of adequacy concerning off-plan construction, the new system for arbitrary demolitions, the reform of forest management, arrangements for the creation of a new electrical space and the new water management framework of Thessaly up for consultation by the end of the week.

Major "disruption" in supply chain industry is expected following the shut down of the Port of Baltimore.

The state budget recorded a primary surplus of €3.378 billion for the first two months of 2024, against a target for a primary surplus of €1.981 billion, according to the publication of the final data on the execution of the state budget by the Ministry of National Economy and Finance.

The balance of travel services posted a surplus of €112.6 million in January 2024.

The Board of Directors of the Municipality of Vari Voula Vouliagmeni decided the partial suspension of the issuance of building permits that make use of the favorable terms of Law 4067/2012 (NOK) and lead to overbuilding and the alteration of the city's appearance.

ICG Real Estate, the real estate division of ICG, has provided a £100 million loan to Salboy Limited to fund the development of a major 556 build-to-sell residential scheme in Manchester’s ‘Green Quarter’ district.

The implementation of the project of submerging part of Poseidon Avenue in the context of the urban renewal in Elliniko, which is in full progress in the area of the former airport of Elliniko, continues at a rapid pace.

The archaeological site of Ancient Messina will have a refurbished visitor service infrastructure by the end of 2025.