Prodea REIC iforms investors regarding their share in MΗV

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15.12.2023

Prodea REIC committed to inform investors on all important developments related to the REIC, declares changes on their stake in Mediterranean Hospitality Venture.

Cyber Attackers hit an average of 411,000 malicious files every day in 2023

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15.12.2023

Kaspersky’s detection systems discovered an average of 411,000 malicious files every day, which is an increase of nearly 3% in 2023 compared to the previous year.

Production Index in Construction jumps 8% in the third quarter of 2023

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15.12.2023

The Production Index in Construction (IPC) in the 3 rd quarter 2023 recorded an increase of 8.0% compared with the 3 rd quarter 2022. The IPC in 3 rd quarter 2022 increased by 20.5% compared with the corresponding index in the 3 rd quarter 2021.

Greek MPI in Industry down 13,4% in October 2023

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14.12.2023

The Overall Import Price Index (MPI) in Industry with base year 2015=100.0 in October 2023 recorded a decrease of 13.4% compared with October 2022. The corresponding index in October 2022 had recorded an increase of 21.3% compared with October 2021.

Financing solutions from home builders

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14.12.2023

Two of the housing market's biggest enemies remain mortgage interest rates and inflation. Despite high labor and land costs—especially in major urban centers—many developers are still planning to increase their footprint, with the housing market remaining at the center of global real estate well into 2024.

The average contract interest rate for 30-year fixed-rate mortgages falls to 7.07%

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14.12.2023

Homeowners looking to refinance are finding savings after mortgage rates dropped again last week.

REDS divests and adopts renewed investment plan

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13.12.2023

REDS is deploying fast their investment plan, according to which disinvests from specific properties and focusing on two large projects.

Trastor REIC offloads a mixed use property in Volos Magnesia

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13.12.2023

Trastor REIC announced the sale of a five-storey building Municipality of Volos, Prefecture of Magnesia, for a total price of €2,900,000.

New AI widget mAigov was launched to assist online public services in Greece

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13.12.2023

Greece's online public services platform gov.gr launched its first artificial intelligence assistant, mAIgov.gr, which was presented by Digital Governance Minister Dimitris Papastergiou on Tuesday.

Prodea's stake in the Cypriot MHV increases to 80%

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12.12.2023

Prodea Investments inks purchase agreement to acquire an additional 55% stake in the Cypriot company MHV.

Greek total value of exports-dispatches plunge 8.8% in October

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11.12.2023

The total value of imports-arrivals, in October 2023 amounted to 7,214.3 million euros (7,597.2 million dollars) in comparison with 8,955.8 million euros (8,773.3 million dollars) in October 2022, recording a drop, in euros, of 19.4%. The corresponding value excluding oil products in October 2023 recorded a drop of 362.1million euros or 6.5% and the corresponding value excluding oil products and ships in October 2023 recorded a drop of 207.6 million euros or 3.9%, in comparison with October 2022.

Greek CPI up 3% in November 2023 versus a year ago

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11.12.2023

Greek CPI in November 2023 compared with November 2022, increased by 3.0%.

First trading day for Orilina shares listed in the Athen's Stock Exchange

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11.12.2023

Orilina Properties REIC 138,218,440 common shares are now listed in the Athens Stock Exchange, after the completion of the public offering.

Titan successfully completes a €150M private placement of a new issue of Notes

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11.12.2023

Titan Global Finance Plc, a subsidiary of Titan Cement International SA (“TCI”), successfully completed a private placement of a total amount of €150 million of a new issue of Notes, guaranteed by TCI, due June 2029, with a 4.25% annual coupon.

Dutch shopping center Polderplein sold with net initial yield of 7.6%

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11.12.2023

Wereldhave has reached agreement with DELA Vastgoed B.V. (‘DELA’) regarding the acquisition of shopping center Polderplein and its parking garage in Hoofddorp (The Netherlands), with a total gross lettable area of c17,000 sqm (excluding parking).