In July 2023, the current account surplus fell by €135.2 million year-on-year to stand at €827.5 million.

On July 31sr, the European Commission approved the European Sustainability Reporting Standards (ESRS), which aim to standardize how companies within the European Union report climate-related practices and actions and ESG criteria. The new standards are expected to enter into force on January 1, 2024.

The Overall Turnover Index in Industry (both Domestic and Non-Domestic Market) in July 2023 recorded a decrease of 10.2% compared with the corresponding index of July 2022.

Blackstone announced the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more than doubling to $295 billion in assets under management over the last three years.

Maslow Capital has provided a €52.2m loan to support Starlight Investments in their build-to-rent (BTR) scheme on the Princes Dock, Liverpool.

Redevco has started a project to redevelop 126 Rivoli, an iconic building in Paris.

LuxUrban Hotels Inc., which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, announced that the Herald Hotel in New York City and O Hotel in Los Angeles have been re-branded as “The Herald by LuxUrban, Trademark Collection by Wyndham” and “O Hotel, Trademark Collection by Wyndham,” respectively.

The European Parliament has just passed a more ambitious Energy Performance of Buildings Directive (EPBD) to ensure zero buildings by 2050.

A slump in China's property sector worsened in August, with deepening falls in new home prices, property investment and sales, despite a recent flurry of support measures, adding pressure to the world's second-largest economy.

A new Board of Directors was formed in the "Hellenic Land Registry" by decision of the Minister of Digital Governance, D. Papastergiou.

The country is experiencing a biblical disaster from bad weather. Thessaly has been almost "flattened", with human losses, missing and stranded, with incalculable damage to critical infrastructure and networks and tragic consequences for the local and national economy.

The first building complex in the large Elliniko project has been completed, which will function as a Center for the Care of Persons with Disabilities (PWD).

The concrete-framed "industrial relic" of the former Kingway Brewery in Shenzhen, China, has been transformed into a cultural centre by architecture firm Urbanus.

The deadline for submitting applications to the "Execonomo- Renovate for young people" program for 19- to 39-year-olds has been extended for two months, and specifically for November 15.

Sotheby’s International Realty data unveil a positive trend with a modest improvement in the Viewings-to-Deals ratio, reflecting enhanced conversion efficiency in the H1 of 2023.