BlackRock engages in significant leadership and structure adjustments

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02.06.2023

BlackRock Inc has announced that it has expanded its leadership team and is reorganizing its investment and client divisions in an effort to further grow its business.

The opportunities of the Greek real estate market in the 3rd Premium Real Estate Expo

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02.06.2023

With the participation of exhibitors from a vast spectrum of Real Estate, this year's shall be the third Premium Real Estate Expo 2023 in a row and will be held at the MEC exhibition center in Paiana, from Friday 9 to Sunday 11 June.

Infrastructure upgrade works in Rethymno Crete

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02.06.2023

Water supply infrastructure in the settlements of D.E. Arkadiou of the Municipality of Rethymno to be upgraded. A financing proposal has been submitted by the DEYA of Rethymno for the upgrade of the water supply infrastructure.

Lamda hits new record in operating performance for its retail parks

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01.06.2023

Lamda reports another record-breaking operating performance for its retail parks.

Real I.S. invests in residential units based in Dublin

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01.06.2023

Real I.S. AG has bought an apartment complex in Oatlands Manor, a housing development in south Dublin, from the Marlet Propety group.

Inflation rate drops at 4,1% in Greece in May, at 6,1% the reading in Eurozone

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01.06.2023

Eurozone inflation has fallen more than economists expected to hit its lowest level since Russia’s invasion of Ukraine more than a year ago, but the head of the European Central Bank signalled more interest rate rises were needed to tame persistent price pressures.

Unemployment rate in Greece at 11.2% in April 2022

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01.06.2023

The seasonally adjusted unemployment rate in April 2023 amounted to 11.2% compared to 12.7% in April 2022 and to the upwards revised 11.1% in March 2023.

Goldman Sachs AM acquires the Casa Cook brands

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01.06.2023

FTC Hotels, the lifestyle hotel franchise collection company, which owns the two lifestyle brands Casa Cook and Cook’s Club, has been acquired by the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) for an undisclosed consideration.

MYTILINEOS Enters Canadian Market with acquisition of 1.4 GW Alberta Solar PV Portfolio

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01.06.2023

MYTILINEOS Energy & Metals (“MYTILINEOS”) announced that it has entered into definitive agreements (each a “Share Purchase Agreement”) in connection with the purchase by MYTILINEOS’ M Renewables of a portfolio of 5 solar projects located in Alberta, Canada, from Westbridge Renewable Energy Corp (“Westbridge” or “Westbridge Renewable”), a utility-scale solar PV development Company, with anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation.

Family offices plan biggest shift in strategic asset allocation for several years

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01.06.2023

In light of potential inflection points across interest rates, inflation and economic growth, this year’s UBS «Global Family Office 2023» report shows that family offices are planning the biggest shift in strategic asset allocation for several years. Following the end of close-to-zero interest rates, balanced portfolios with active management are returning to favor.

M7 fully lets urban logistics asset near Paris

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31.05.2023

M7 Real Estate, the pan-European investor and asset manager, announces that it has signed a new letting with a logistics operator for c. 3,700 sq m of urban logistics space in Combs-la-Ville near Paris, France, an established distribution location with supply constrained dynamics.

Approval granted for the Metaxa' Group Cape Tholos project in Ierapetra

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31.05.2023

The Strategic Environmental Impact Study (SES) of the Special Spatial Development Strategic Investment Plan (SSP) of the "Cape Tholos" Investment Plan of "Maris Hotels S.A." was approved conditionally and with conditions. subsidiary company of the Metaxa group

US home price declines may be over according to the S&P Case-Shiller report

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30.05.2023

Steep competition in the housing market and low supply are heating up home prices again.

Blueground buys a rival housing platform Nestpick

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30.05.2023

Blueground, the property management company that operates furnished 30-plus-day rentals, has acquired Nestpick in an equity-based deal.

Turnover in retail trade soar in 1Q2023 according to Nielsen

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30.05.2023

Based on the most recent data from NielsenIQ (YTD to April 30, 2023) and having now at the end of April overcome the effect of Easter seasonality, in relation to the corresponding period last year, the organized food retail trade still is on a positive course, at + 9.1%.