Athens during the first quarter of the current financial year is estimated to have 82,750 additional residential properties for sale in the price range of €500,000 – €1 million. The number of residential units was increased by 276% relative to the corresponding quarter of 2022.

Liquidity conditions improved on the back of Greek banks’ unimpeded access to money and capital markets. The Greek banking sector’s capital adequacy improved further to a satisfactory level, above the regulatory minimum.

Six Senses undertakes management of the hotel complex planned to be developed in the southern part of Megalonis. Six Senses and Grivalia Hospitality signed the relevant contract for the flagship luxury hospitality project "Six Senses Megalonisos".

IDEAL Holdings announced a 10% increase in EBITDA profits and a 2% increase in revenue for the first quarter of 2023 compared to the same period last year.

Tritax Big Box REIT has acquired a urban logistics park in Birmingham for £58.5m, at a 4.5% net initial yield and a reversionary yield of 6.7%.

Intracom emerged as I. Kloukinas - I. Lappas' main shareholder with 74.2% stake in the company. They will proceed with a mandatory public offering for the acquisition of all the company's shares.

Three investment projects in the port of Piraeus are temporarily halted, following a relevant decision of the suspensions committee of the Council of State discussed on March 24, 2023 following an appeal by mayors (Keratsiniou-Perama) and residents of the area in 2021.

The European economy continued to show resilience in a challenging global context. Lower energy prices, abating supply constraints and a strong labour market supported moderate growth in the first quarter of 2023, dispelling fears of a recession.

The European Bank for Reconstruction and Development (EBRD) will significantly increase investment in Turkey this year, a top official said on Wednesday, after investing more than 1.6 billion euros ($1.7 billion) last year.

The waterways network project in Evia has matured enough and was just granded licencing for premises in Aliveri and Edipsos, by the Ministry of Transport & Infrastructure, Shipping and Finance.

The first two phases of ICI REIC and BriQ Properties merger are expected to be completed this year, while the third and final phase is expected to be completed in early 2024.

Fourlis Holdings S.A. announced that Dimitris Valachis will be the new CEO of Fourlis Holdings S.A. Dimitris Valachis has been a senior executive for several years in large companies in Greece and abroad.

Blackbrook, a specialist European real estate investor focusing on future-proof supply chain infrastructure, announced its investment in the development of a 24,000 sqm Grade-A logistics facility in Ketsch.

The development of investment products in the fields of tourist infrastructure in high-end destinations as well as offices and other commercial spaces is envisaged by Intrakat's planning in the Real Estate sector, which is not high on the company's agenda.

The tender for Public-Private Partnership (PPP) projects in the Municipality of Kozani, with a budget of €80 million, is in the final stretch.