We estimate that across the world’s most developed cities at least 90% of office buildings are over 10 years old. Most of these assets would not meet today’s energy efficiency standards for new builds and very few have firm plans in place to prepare for even more stringent regulations on the horizon as governments pivot efforts to decarbonize existing buildings.
The Bank of Greece unveils prime office and commercial properties report for the first half of 2022.
Sunlight Group acquires 51% of Triathlon Holding GmbH. Companies shall continue autonomous commercial operations, while leveraging synergies.
The schedule of the final approval and disbursement of $102,000,000 from the American State Investment Bank DFC for the Elefsina Shipyards was agreed upon.
Intrum Hellas and Glafka Capital have reached an agreement following a series of negotiations for the transfer of Piladakis group three casinos' loan liabilities
The Ministry of Infrastructure accelerates proceeds for the tender for construction project of the Northern Road Axis Crete (B.O.A.K.) from Chania to Heraklion to the Invitation to Submit Binding Offers.
The Hellenic Statistical Authority (ELSTAT) announced provisional data on the Gross Domestic Product (GDP) for the 3 rd quarter of 2022.
The submission period for proposals to the so called "New Industrial Parks" program that will receive state aid funds opens on Tuesday, December 6, while the deadline for submitting proposals shall be January 31, 2023.
Peakside has acquired the Grandhotel Hessischer Hof and an adjacent office property in Frankfurt. Those are the plans for the hotel.
Premia Poperties announceed the acquisition of an industrial property with a total surface of 5,236 sqm on a land plot of 6,480 sqm, in Kryoneri, Attica for a consideration of €2.1 million.
More than 200 projects and other additional interventions are being comprised in the Integrated Development Plan of the Peloponnese Region for 2030, with a total budget of €5.25B.
A 3% ceiling on professional leases will be maintained for another year.
Kekrops has announced an increase in turnover from € 3,420 on 30/09/2021 to € 9,550 on 30/09/2022, that is mainly due to the abolition of the mandatory rent reduction measures that were in force during the previous period.
LAMPSA SA announced an agreement with a Athanasios Laskaridis' company.
The German housing market has been remarkably strong for decades, but it faces a serious downturn in prices over the next couple of years, according to analysts.