Issuance of building permits in the off-plan areas of Mykonos is suspended

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21.03.2023

"Until the special urban planning is approved which will definitively deal with all the issues, they are suspended and no new urban planning permit will be issued for areas outside the plan in Mykonos," the Minister of Environment and Energy, Kostas Skrekas, said in the Parliament, among others, when asked about the legislative initiative regarding off-plan building in Mykonos.

The sale of a majority stake in the Igoumenitsa Port was completed

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21.03.2023

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announces that today, Tuesday, March 21, 2023, the signing of the share purchase agreement for the acquisition of a majority stake of 67% in the share capital of the Igoumenitsa Port Authority (IPA S.A.) took place for a total price of 84.17 million euros, between the Fund and the joint venture consisting of the companies GRIMALDI EUROMED S.p.A. - MINOAN LINES S.A. - INVESTMENT CONSTRUCTION COMMERCIAL AND INDUSTRIAL S.A. (EKEV S.A.).

Business turnover up 24.3% in January

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21.03.2023

The turnover of all businesses in the economy increased by 24.3% for the month of January in relation to the corresponding month of 2022, according to data announced by ELSTAT.

Dolphin Capital Investors removed Miltos Kambourides as a board director

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21.03.2023

Dolphin Capital Investors Ltd on Monday said it has terminated the contract with its investment manager, effective immediately, after discovering what it called a "repudiatory breach of contract".

PRODEA promotes Greek real estate at the international ΜIPIM 2023 exhibition

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17.03.2023

PRODEA Investments participated as an exhibitor at the national pavilion of Enterprise Greece at the major international real estate event, MIPIM 2023, taking place in Cannes till the 17th of March.

Troubles lurking ahead for the global real estate

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17.03.2023

The troubled office market, the inability to raise funds, the war in Ukraine, the energy crisis, rising interest rates and the collapse of banks dominated the... table of discussions during this year's MIRIM exhibition held this week in Cannes.

A regulated stock exchange dedicated to the trading of commercial real estate a way to raise equity

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17.03.2023

A regulated stock exchange dedicated to IPOs and the trading of commercial real estate could provide real estate owners with a way to raise equity amid higher and more volatile debt markets.

Business expectations index in industry soars to an 11 month high in February

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16.03.2023

The Business Expectations Index in Industry reached an 11-month high in February, according to IOBE.

OPAP reports €592,3M net profit for 2022

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16.03.2023

OPAP reports record high quarter rounding off a year of cross-channel growth. The leading gaming operator in Greece, announceδ its consolidated financial results for the period ended December 31st, 2022, prepared in accordance with International Financial Reporting Standards (IFRS).

Intrakat's works at Athens International Airport in full progress

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16.03.2023

The expansion works at Athens International Airport are in full progress, within the framework of a contract with Intrakat for a total contract price of 22 million euros, plus VAT.

The "Recycle - Change Water Heater" program is on

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16.03.2023

Today, Thursday, March 16, 2023, on the website of the Ministry of Environment and Energy, was unveiled the guide to the "Recycle - Change Water Heater" program.

Greek government on an attempt to disrupt the local tourism sector's labour market

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16.03.2023

The list of industries that are allowed to "import" labor force from third countries for seasonal work is growing.

The Greek real estate market keeps a stiff upper lip against the global headwinds

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16.03.2023

The bankruptcy of SVB has caused great concerns to the rating agency companies. Their representatives emphasized yesterday in Cannes that this phenomenon portends a further tightening of the monetary policy by the Central banks for a longer period of time.

Office to residential refurbishments are gaining steam

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15.03.2023

Silbury Finance, an international development lender backed by OAKTREE Capital Management, is fueling the office-to-residential conversion.

The Production Index in Construction (IPC) jumps 31.3% in the 4Q2022

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15.03.2023

The Production Index in Construction (IPC) in the fourth quarter 2022 recorded an increase of 31.3% compared with the 4 th quarter 2021, according to recently unveiled data by ELSTAT.