Greek CPI increases 1,8% in June 2023

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07.07.2023

The evolution of the Consumer Price Index (CPI) of June 2023 (reference year 2020=100.0) is depicted as follows: The CPI in June 2023 compared with June 2022, increased by 1.8%. In June 2022, the annual rate of change of the CPI was 12.1%.

Mytilineos bond issue' final yield has been set at 4.00%

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07.07.2023

The total valid demand from investors that participated in the Public Offering was €1,006.97 mn, implying an oversubscription of the Issue 2.01 times.

Uni.Fund II closed at €50M

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06.07.2023

The first close of Uni.Fund II at 50 million euros with the aim of investing in c.20 technology companies, startups and spin-offs, from Greece and Europe, Uni.Fund was announced.

Optima Bank launches factoring services platform

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06.07.2023

Optima factors, a subsidiary of the Optima bank group, with its advanced digital platform "e-factor", upgrades the way businesses access factoring agency services.

“130 William” tower in New York’s Manhattan has been completed

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06.07.2023

The 244m-tall, 66-storey “130 William” tower has been completed in New York’s Manhattan, the first high-rise residential project designed by Adjaye Associates in the US.

Alstom, RIVE Private Investment and Northrail sign a framework contract for 50 Traxx Universal locomotives

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06.07.2023

RIVE Private Investment, an independent investment firm specialising in real assets, announces the signature of a framework agreement with Alstom and Northrail for the purchase of 50 multi-system Traxx Universal locomotives with a full-service maintenance package for up to 16 years.

Impact Investing in commercial real estate

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06.07.2023

The way we do business is changing. We are challenged by immediate and medium-term social, environmental, and economic concerns. In recognizing that structural shifts are necessary, impact investing has arisen as a potentially powerful vehicle for change. Impact investing combines a desire for financial returns with the express intention to generate positive social and environmental outcomes.

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Environmental conditions for the Commercial Hub project in Elliniko approved

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06.07.2023

The environmental conditions for the Commercial Hub project in Elliniko were approved.

Real estate market hurdles challenge small and startup businesses

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06.07.2023

High inflation has clear implications for businesses, especially smaller ones and start-ups that both make a significant contribution to global economic growth according to a recent study by Savills' research department.

Milan based office property Piazza Affari2 sold to Italian fund manager Kryalos

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05.07.2023

Singapore-listed Cromwell European Real Estate Investment Trust (CEREIT) has sold its Piazza Affari 2 office asset in Milan to Italian fund manager Kryalos SGR for €93.6m.

Eldorado Gold ready to resume operations and investment in Skouries

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05.07.2023

By the end of 2025, Eldorado Gold's commercial production will begin in Skouries, Halkidiki.

Costas Adamopoulos was appointed Intrakat Group's new Financial Director

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05.07.2023

As of today, Mr. Costas Adamopoulos assumes the position of Director of Financial Services of the Intrakat Group and Company, with the task of exercising the overall financial management of Intrakat and its subsidiary companies.

Kostantinos Bitros H.I.G. Capital: New investments beyond Greek borders. Average return on funds at 19%

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05.07.2023

More than €1.35 billion has been invested so far by "H.I.G. Capital Advisors LLC", in Greece while targeting €1.5 billion in the transit and tourism sectors by participating in the investment program with equity capital of more than €350 million with the average return on their funds reaching 19%.

Entersoft enhances stake in Intensive Retail Software market with new acquisition

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04.07.2023

Entersoft announced that it has signed an Agreement for the acquisition of 100% of the shares of “SW RetailSoft SA”, domiciled in Heraklion, Attica.

Structural monitoring of the Rio-Antirio Bridge

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04.07.2023

Inspection and maintenance works on the cables and the external surfaces of the pylons is carried out by GEFYRA SA, a concessionaire company of the Rio - Antirrio Link, as part of the regular maintenance cycle.