Katerina Tzoannou and Filippos Kontaxis were appointed to manage e-EFKA's real estate SPV

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12.01.2023

The Special Purpose Company, established to exploit the e-EFKA's real estate property, has begun operations. Two experienced and renowned executives with extended experience in the private sector were appointed to serve as President and Managing Director.

Enhanced redevelopment project of the Biomedical Sciences Research Center "Alexander Fleming"

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11.01.2023

The Biomedical Sciences Research Center "Alexander Fleming" will be redeveloped and upgraded according to a relevant decision taken from Greek authorities. The project has a total budget of €21,148,889.09 and will be financed from the Recovery Fund.

Goldman Sachs will lay off as many as 3,200 employees this week

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09.01.2023

Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to hunt for cost savings, according to a person familiar with the matter.

The majority of Athenian Municipality's services turns digital

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09.01.2023

Athenian citizens and professionals can now enjoy full fast and efficient online services for any transaction with the Municipality of Athens, after the completion of the project of digitizing the municipality's services.

Kropia Sewage Treatment Center was put in trial operation

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09.01.2023

Trial operation in one of the country's largest environmental projects in Eastern Attica - the Kropia Sewage Treatment Center - has begun.

Three major infrastructure projects under development in Nafpaktos Greece

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09.01.2023

The Municipality of Nafpaktos launches three projects to further develop the area, which will refurbish it into one of the most important destinations.

Germany's real estate market took a deep hit in the fourth quarter of 2022

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09.01.2023

Germany's real estate market took a deep hit in the fourth quarter, as investors shied away from deals on the back of soaring financing costs.

Prodea Investments and Invel Real Estate acquire White Coast Pool Suites

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09.01.2023

Prodea Investments and Invel Real Estate announced the acquisition of White Coast Pool Suites, a five-star luxury hotel on the Greek island of Milos, which was rated the best island in the world in a World’s Best Awards 2021 survey staged by leading US travel publication Travel + Leisure.

Amazon declares 18.000 layoffs

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05.01.2023

Amazon has announced that it will be “eliminating” more than 18,000 roles at the company, extending a previously-announced round of layoffs that was set to impact some 10,000 workers.

Panagiotis Psycharis' property based in Psychiko to be e-auctioned on January 26

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05.01.2023

On January 26, will be held the electronic auction of Panagiotis Psycharis' property -son of publisher and journalist Stavros Psycharis- based in Psychiko.

Keppel’s China logistics property fund partners BLOGIS to acquire its first asset, located in Wuhan

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05.01.2023

Keppel Capital Holdings Pte. Ltd. (Keppel Capital), through its China logistics property fund (the Fund), has partnered BLOGIS Holdings Limited (BLOGIS), a leading developer and operator of logistic parks in China, to acquire the Fund’s first asset, a grade-A high-standard warehouse, located in Dongxihu, Wuhan, China.

Grivalia Hospitality unveils new €280M investment in Megalonisos

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05.01.2023

Grivalia Hospitality unveils new €280 million investment in Megalonisos, the largest island of the Petalia complex with a total area of 11,290,616 sq.m. which are located in the southern Euboea, and which are characterized as the Greek Malvidas.

Tough times ahead for real estate investors

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04.01.2023

Tangible assets such as real estate could, among other things, be used as an inflation hedge and play an important role in particular "green buildings" could offer long-term possibilities.

Mortgage applications to purchase a home in the US at the lowest level since 1996

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04.01.2023

After a brief reprieve in the first half of December, mortgage interest rates shot up again to end the year, weighing on mortgage demand.

Grivalia Hospitality's new investment project to develop a flagship luxury hotel

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04.01.2023

A new investment is being launched by Grivalia Hospitality to develop a flagship luxury hospitality, leisure and wellness project that will promote sustainable development, green energy and the principles of sustainable tourism.