Abu Dhabi's sovereign wealth fund ADQ's real estate arm invests in Greek Blueground

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28.11.2022

Arab funds are entering Blueground just days after the major acquisition was announced by the short-term apartment rental platform in Brazil.

Annual growth rate of deposits in EU plunges 7% in October

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28.11.2022

The annual growth rate of deposits placed by non-monetary financial corporations (excluding insurance corporations and pension funds) decreased to 7.0% in October according to the central bank.

ELLAKTOR issues notice of conditional redemption of senior notes due 2024

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25.11.2022

ELLAKTOR SOCIETE ANONYME with the trading name "ELLAKTOR S.A." in accordance with Regulations (EU) 596/2014 of the European Parliament & the Athens Stock Exchange, announces to investors that, the Board of Directors of the Company, during its meeting, held on November 24th 2022, decided to proceed with a conditional redemption towards the Bondholders of the Senior Secured Notes due 2024 (“Notes”) by its subsidiary ELLAKTOR VALUE PLC.

Initial phase of construction works in Kalampaka railway connection to Palaiofarsalos station

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25.11.2022

Palaiofarsalos - Kalambaka railway connection is to be upgraded and the project's first phase of construction has just been initiated.

Motor Oil inks deal to purchase Thalis E.S

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25.11.2022

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. announced that it entered into a Sale-Purchase Agreement for the acquisition of all shares issued by the company under the legal name THALIS ENVIRONMENTAL SERVICES S.A (THALIS ES S.A.).

ElvalHalcor reports increased sales in the third quarter of 2022

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25.11.2022

Despite the economic challenges in combination with the increased interest rates and inflationary pressures in most segments of the economy, during Q3’22, the Group continued its upward trend, recording an increase of sales by 38,2%, reaching €2,877 million for 9M’22 compared to €2,082 million for the respective period of 2021.

New strategic player in the Greek real estate industry

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25.11.2022

Inventio and Panos Panagiotidis (former Chief Operating Officer of Dimand A.E.) have launched a joint firm that will operate in real estate development and exploitation

Retail trade turnover in the third quarter of 2022 amounted to €16.73B

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24.11.2022

The Hellenic Statistical Authority (ELSTAT) has unveiled its sectoral publication that presents in detail the evolution of the sales/turnover of all classes of activity of the retail trade section.

Athens' Ermou street lists 14th as Cushman's main streets across the World

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24.11.2022

Almost three years after the onset of the global pandemic, the retail industry has been through one the biggest stress tests imaginable, but best-in-class real estate has remained robust – and even emerged stronger in some markets.

ELLAKTOR reports increased sales in the first nine months of the year

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24.11.2022

ELLAKTOR Group has reported being in a profitable growth path, with sales increasing by 16% to €739m during the first nine months of the year and EBITDA up by 67% to €176m in the same period.

Why does the Greek real estate market is so appealing

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24.11.2022

A Handelsblatt's extented report explains the reasons why foreign and particularly German investors pick Greek real estate.

German property market is expected to slow according to the country's central bank

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24.11.2022

Germany’s central bank is predicting a slowdown but no significant correction in the country’s property market despite warnings of overvaluation, according to a report published Thursday.

IPTO commissions Hellenic Cables for the Lavrio-Serifos and Serifos-Milos electrical interconnection projects

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24.11.2022

Hellenic Cables, the cables segment of Cenergy Holdings, was commissioned by IPTO to carry out the Lavrio-Serifos and Serifos-Milos electrical interconnections as part of the 4th phase of the interconnection of Cyclades with the continental Electricity Transmission System, with a total length of 170 km.

AVAX completes sale of its participation in GEFYRA for a total of €60M

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24.11.2022

Further on the announcement dated 15.11.2022 regarding its participation in the GEFYRA SA concession, AVAX SA (the "Company") announced the conclusion of the transaction, in line with its strategy of divestment from certain mature participations, aimed at optimising the use of its assets.

More than €1B in Lamda's coffers from the sale of houses in the Ellinikon

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24.11.2022

Pre-sales for the majority of apartments, houses and plots in the Ellinikon are high, according to Lamda Development.