Average interest rate spreadon new deposits and loans up 4bps in November

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05.01.2024

Interest rates on new deposits and new loans increased to 0.50% and 6.25% respectively, according to the Bank of Greece.

Inflation in Greece was 3.7% in December

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05.01.2024

Inflation in Greece was 3.7% in December according to Eurostat data, from 2.9% in November.

Cofinimmo divests two office buildings in Mechelen, Belgium

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04.01.2024

Cofinimmo Offices SA/NV, a wholly-owned subsidiary of Cofinimmo (Euronext Brussels: COFB), signed the notarial deed relating to the granting of a 99-year leasehold right on the office buildings located Stationsstraat 100, 102-108 and 120 in Mechelen (province of Antwerp), the sixth largest city in Flanders with almost 90,000 inhabitants.

Passenger traffic in the AIA hits historic record for in 2023 with 28.17 million passengers

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04.01.2024

The year 2023 closed with a historical record for the Athens International Airport "El. Venizelos".

Seasonally adjusted Greek unemployment rate at 9.4% in November 2023

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04.01.2024

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for November 2023.

Gov.gr new function of digital real estate transfer file launched on January,1st

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04.01.2024

The digital real estate transfer file, a new service of gov.gr that unifies and simplifies the transfer procedures of land-registered real estate, was launched successfully on January 1.

How the housing market got Wall Street in frenzy in 2023

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04.01.2024

Δύσκολες αποδείχθηκαν οι προβλέψεις της Wall Street για την στεγαστική αγορά το 2023 και δεν ήταν λίγες οι φορές όπου οι αναλυτές προχωρούσαν σε αναθεώρηση των αρχικών τους εκτιμήσεων.

AXIA Ventures Group advised Macquarie Asset Management for the acquisition of a stake in Enel Green Power Hellas

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03.01.2024

Macquarie Asset Management (“MAM”), on behalf of co-investors and managed funds, has acquired a 50 per cent stake in Enel Green Power Hellas from Enel Group (“Enel”) for a total equity consideration of approximately €250 million. AXIA Ventures Group (“AXIA”) acted as Financial Advisor to Macquarie Asset Management in relation to this transaction.

Energy consumption and other utility bills data collection in resi units extremely poor

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03.01.2024

Gathering comprehensive data on energy consumption and other utility bills is becoming a major challenge at a time when investors and company executives demand clear updates on ESG issues.

Lamda Development sales Cecil office building

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28.12.2023

LAMDA DEVELOPMENT S.A. announces that it signed on 22.12.2023 a preliminary notarial deed with the company KONTIAS Single Member S.A. for the sale of the office building Cecil (total gross leasable area of c6,000 sqm).

World’s single largest offshore wind farm, the 2.9 GW Hornsea 3

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21.12.2023

Ørsted has taken the final investment decision (FID) on what the company says is the world’s single largest offshore wind farm, the 2.9 GW Hornsea 3, which is expected to be completed around the end of 2027.

European logistic sector still remarkably undersupplied

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21.12.2023

Logistics take-up is slow but steady, according to JLL, while upward pressure on base rents continues as the supply of suitable space remains tight.

Hellenic Cables powers New York’s first offshore wind farm

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20.12.2023

Hellenic Cables, the cables segment of Cenergy Holdings, announced a significant milestone for the US offshore wind industry.

Lamda Development sold its stake in R Energy 1 Holding

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20.12.2023

LAMDA DEVELOPMENT S.A. , in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that its 100% subsidiary, LAMDA ENERGY INVESTMENTS S.M.S.A., completed today the sale and transfer to G. ROKAS HOLDINGS S.M.S.A. of:

Rents for Greek commercial properties increased in first half of 2023

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20.12.2023

According to provisional data by the Bank of Greece, in the first half of 2023 nominal prime office prices for the entire country increased by 2.8%, compared with the second half of 2022. Over the same period, nominal prime office prices increased by 1.8% in the greater Athens area, subsided by 0.4% in Thessaloniki and increased by 4.9% in the rest of Greece.