Cerved: residential properties in Greece are now mainly priced to meet demand from foreigners and investors

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27.06.2023

In contrast to the continued upward trend in residential prices that in the first quarter of the year increased by 14.5% year-on-year across the country, transaction volumes are following the opposite path. This was pointed out in the Research and Analysis Department of Cerved Property Services recent study based on available data of the Register of property Transfers of the General Secretariat of Information Systems.

In cautiously optimistic mood the Global Construction sector

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26.06.2023

The 2023 Global Construction Survey finds the industry in a cautiously optimistic mood, as the combination of widespread government infrastructure stimuli, the renewable energy revolution, increasing capital investment in strategically important sectors, and a post-COVID-19 pipeline create excellent opportunities.

1.2M UK Households Insolvent in 2023 as a Direct Result of Higher Mortgage Repayments

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26.06.2023

UK households are about to be hit by yet another shock as a result of the Bank Rate rising to 5 per cent, and by the end of 2023 more than a million households (4 per cent of all UK households) will run out of savings because of higher mortgage repayments,

Plunge in office values unlikely to be recovered even by 2040

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26.06.2023

The reduction in office demand due to remote work will cause a hit to net operating incomes on a par with, or worse than, that experienced by malls over the last six years.

The new Building Regulation in the Government Gazette

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26.06.2023

The new Building Regulation was published in the Government Gazette.

Within 2023 is the deal among Aktor and Intrakat expected to be finalised

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23.06.2023

Aktor, the group that is expected to enhance infrastructure investments, waste management PPPs and green transition is ahead of a deal completion with Intrakat.

Henkel’s Tuzla plant achieves carbon neutrality

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23.06.2023

Henkel’s Adhesive Technologies plant in İstanbul’s Tuzla district, has achieved carbon neutrality, marking a significant milestone in the company’s ambitions to become climate positive across its global operations by 2030.

The United States Congress approves $125M finacing to ONEX Shipyards

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23.06.2023

The United States Congress approves $125 million financing through borrowing to ONEX Shipyards, paving the way for the consolidation of the Elefsina Shipyards.

Construction Materials Price Index up 7,8% in May

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23.06.2023

The Overall Material Costs Index in the Construction (CSTM) of New Residential Buildings with base year 2015=100.0 in May 2023 recorded an increase of 7.8% in comparison with May 2022.

Mytilineos invests in AI for applications in the energy market

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23.06.2023

Avokado, a new and ambitious technology startup, was introduced to the Greek and international audience on Wednesday 21 June, aspiring to change the way we use, produce and interact with energy.

Dimand's plans for affordable housing

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23.06.2023

Dimand reaffirms interest in the center of Athens noting that market values have been inflated in Southern suburbs.

AFI and Eurobank launch microcredit solutions

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22.06.2023

Microcredit is a key tool for the creation and strengthening of the inclusive economy (Inclusive Finance), resulting in the substantial improvement of the living conditions of mainly vulnerable social groups.

Total hotel investments in Greece soars at €4B from 2020 to 2022

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22.06.2023

Total hotel investments in Greece between 2021 and 2022 are estimated at €4 billion according to the latest study by the Institute of the Association of Hellenic Tourism Enterprises (INSETE).

Fylis Municipality on a new major road safety project

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22.06.2023

Fylis Municipality effort to promote road safety and especially for the road safety of the educational community is being enhanced.

Lamda Malls due to be listed in the Athens Stock Exchange

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22.06.2023

The spin off and listing of Lamda Development's shopping centers in the Athens Stock Exchange is the next big goal of the company apart from the Hellinikon project.