"INTRACOM HOLDINGS COMPANY" announced the approval of a spin off agreement. According to the agreement the real estate arm of the firm will be spun off and there will be established a new entity.

Noval Property announces the acquisition of two plots of land in Marousi.

Transaction volumes in Belgium, Ireland, Italy and Spain recorded three-digit rise in the third quarter of 2022 according to Savills data.

The Hellenic Competition Committee unanimously approved, with the no. 799/2022 decision and according to Article 8 paragraph 3 of Law 3959/2011, the acquisition of exclusive control by the company with the name "MOTOR OIL RENEWABLE ENERGY MONOPROSSOPI S.A.", a 100% subsidiary company of "MOTOR OIL (GREECE) KORINTH REFINERIES S.A.", on the activity of renewable energy sources which is currently under the exclusive control of the company with the name "ELLAKTOR S.A."

A relevant legislation is expected to be submitted shortly in the Greek parliament according to which there will be specific conditions to secure that land fields will be able to be built by derogation after the deadline of December 9, 2022 that is valid to date.

Linde, the world's largest industrial gases company, said on Tuesday it has started producing green hydrogen at its facilities in Greece.

A new skyscraper is on its way to transform Dubai’s skyline with an intricate crown adorned with diamond-like spires.

The Council of Ministers has given three months time to the Municipality of Athens in order to revoke the building permit of the hotel at 5, Falirou Street. The property should be classified as arbitrary and pending demolition of its last two floors and the roof of the hotel. The Municipality will be responsible for the demolition according to information that published by "KATHIMERINI" newspaper.

Due to the intense interest, HPPC announced the extension of the deadline for submission of interest in the Electronic Open Bidding Tender (e-auction), through the electronic platform www.epublicrealestate.gr, for the lease of the Overground Bus Station in the center of Thessaloniki (Q 5389).

Reconstruction works in the NAT area -the largest green, sports and recreation park in Eastern Attica- has been initiated.

The Papafi Metro Station of the Thessaloniki opens to the public next weekend, in the context of the "OPEN HOUSE THESSALONIKI 2022".

The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of enterprises in all sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for September and 3rd Quarter 2022.

The Hellenic Republic Asset Development Fund (HRADF), a member of the GROWTHFUND – The National Fund of Greece, announced that on Wednesday, November 16, an event was held for the signing of the contract for the sale of the property in Nea Irakleitsa, Kavala, between the Fund and the company Irakleitsa S.A.

Economic headwinds strengthened in the third quarter with several major economies expected to tip into recession over the coming months. However, some countries such as commodity exporters are faring significantly better, reflecting an uneven slowdown. Globally, inflation has continued to climb. Central banks continue to act aggressively to combat this with more rate increases anticipated into 2023.

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