The domestic real estate market continues the "rally" of increases, it is remarkable that between 2010 and the second quarter of 2023, the sale prices for houses have risen 46% in the European Union, according to Eurostat data.
China's largest private property developer, Country Garden, <2007.HK> expects the property market will remain weak in 2024 and the company could face more, "severe" challenges, its top management said. Country Garden, which defaulted on its $11 billion worth of offshore bonds in October and extended repayments on its onshore notes last year, is among a long list of developers facing a cash crunch since being hit by a debt crisis in mid-2021.
Optima bank has recently completed the acquisition for a stake in a loan portfolio under the Tethys brand.
The late 2010s and early 2020s have been characterized by rising geopolitical tensions and significant policy shifts in key markets. Heading into the middle of the decade, the global environment will remain volatile and unstable. As executives seek to anticipate and plan for geopolitical disruptions, two key themes will be important to keep in mind in 2024, according to EY's 2024 Geostrategic Outlook.
The last decade has seen major developments in technology, with a significant impact on the fields of architecture, engineering and construction (AEC). Sensors, imaging, continuous wireless network connections, advanced 3D imaging, geographic information systems (GIS) technology, and building information modeling (BIM) have revolutionized the way real estate industry professionals operate.
One of the most important cross-border connections to the Balkan countries and the rest of Europe is being upgraded.
Athens International Airport S.A. operator of the largest airport in Greece, announces intention to proceed with the listing of its common shares on the Main Market of the Regulated Securities Market of the Athens Stock Exchange ("ΑΤΗΕΧ").
EPSILON NET Group announced that the Group's company and a 100% subsidiary of EPSILON NET SA, Epsilon CSA (www.csagreece.com) has agreed with LAVISOFT SA to acquire the pharmacy management software LAVINET for a price of €184,000.
INTERCONTINENTAL INTERNATIONAL REIC's shareholders have been invited to grant permission for the disposal of the Company's assets, the value of which represents more than 51% of the total value of the Company's assets.
The last few years have been humbling for forecasters trying to predict economic, financial and real estate market conditions. With that context, Jll Research outlines what to expect in 2024.
The Greek HICP in December 2023 compared with December 2022 increased by 3.7%.
Overall Import Price Index (MPI) in Industry recorded a decrease of 8.6% compared with November 2022. The corresponding index in November 2022 had recorded an increase of 15.7% compared with November 2021.
HERACLES Group, a member of Holcim, has agreed to acquire 100% of W.A.T.T. RECYCLING.
The Ministry of Development approved the fast-track licensing and siting incentives for Microsoft's large investment in Greece.