MYTILINEOS inks MoU with South Korean SK E&S CO.

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16.10.2023

MYTILINEOS Energy & Metals (MYTILINEOS) announced the signing of an Memorandum of Understanding (MoU) with South Korean SK E&S CO., LTD (SK E&S) an international company that can organically connect renewable energy, clean hydrogen, energy solutions, and the LNG business, in order to explore means of cooperation in the energy sector.

Round Hill Capital acquired 541 residential units across seven assets in Greater Berlin

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16.10.2023

Round Hill Capital, a leading global specialist real estate investor, developer and manager announced that it has acquired 541 residential for rent units across seven assets in Greater Berlin for €89 million in three transactions.

Privatizations are expected to bring in c.€5B in 2024

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13.10.2023

Greece is expected to raise more than €5 billion in 2024 from the sale of state assets, including major privatizations such as the Egnatia Odos and Attiki Odos motorways, as well as the stake in the Athens airport, "El. Venizelos" told Reuters. the CEO of HRADF, Dimitris Politis.

New rise in european natural gas prices

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13.10.2023

At the highest level since March, natural gas prices in Europe were inflated as investors raised concerns about global energy supplies being hit by pipeline disruptions and the war in Israel.

Greek consumer price index eases to 1,6% in September

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13.10.2023

The CPI in September 2023 compared with September 2022, increased by 1.6%. In September 2022, the annual rate of change of the CPI was 12.0%, according to ELSTAT.

HRADF cancels the international tender for the sale of 65% of DEPA COMMERCIAL S.A.

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13.10.2023

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, at its meeting on Thursday, October 12, 2023, decided to terminate the international tender for the sale of 65% of the share capital of DEPA COMMERCIAL S.A.

LED technology lighting in the Aegean Motorway Tunnels

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13.10.2023

By the end of November, the Aegean highway will be the first highway in Greece to use LED technology lighting in all its illuminated sections.

Big hotel groups shifts into branded residences market

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13.10.2023

Big hotel chains are experimenting with another sub-sector of the hospitality industry, the so called branded residences. According to industry professionals the sector combines higher profitability potential and demand combined with lower risk.

TwentyTwo Real Estate buys Center Parcs Allgau in Germany

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12.10.2023

TwentyTwo Real Estate has acquired Center Parcs Allgäu in Germany for an undisclosed sum from an investment vehicle managed by Batipart.

Central Huijin increases stakes in major Chinese banks

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12.10.2023

Central Huijin Investment Ltd. (Central Huijin), a state-owned investment company, has increased its holdings of A-shares in four of China's largest lenders, according to the banks' announcements released Wednesday.

Costa Navarino unveils brand new collaboration with the Culinary Institute of America

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12.10.2023

Costa Navarino announced a new collaboration with the internationally recognized Culinary Institute of America (CIA), bringing to Greece two exclusive five-day programs for professional chefs and cooking enthusiasts, in early 2024.

Two new funding programs to be launched soon for SMEs

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12.10.2023

Two new schemes for small and medium-sized enterprises with a total budget of €350 million co-financed by the European Regional Development Fund (ERDF) and the Greek State, are expected to be launched next month.

Incentives for mass timber constructions

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11.10.2023

The nonprofit New York City Economic Development Corporation launched the New York City Mass Timber Studio, a program to help develop mass timber construction in New York City.

Mandatory Public Offer for the shares of Prodea REIC by INVEL Real Estate

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11.10.2023

Invel Real Estate Holdings is proceeding with the submission of a Mandatory Public Offer for the shares of Prodea REIC as announced by the company listed in the Athens Stock Exchange.

"Deal Done" between Trade Estates and REDS for the Smart Park

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11.10.2023

REDS Smart Park was acquired twelve years after its opening in October 2011.