Piraeus Bank's analysis unveils the underlying attributes and characteristics that can affect a property's asking price

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10.11.2022

Of all the sectors of economic activity, the real estate sector and in particular the residential real estate exerts a disproportional impact on economic activity and as such merits special attention from all stakeholders i.e. economic policy authorities, banking sector supervisors, monetary policy authorities as well as the commercial banking sector.

Plaisio leased comercial property based in Exarchia was sold

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10.11.2022

Plaisio leased comercial property located 24 Stournari Street in Exarchia, Athens was sold for €3,416,585 million through an electronic auction.

OTE’s consolidated revenues up 5.9% in third quarter 2022

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10.11.2022

Hellenic Telecommunications Organization SA, the Greek full-service telecommunications provider, announced consolidated results (prepared under IFRS) for the third quarter of 2022.

Joint Ministerial Decision clarifies the new remote working regulatory regime for the private sector in Greece

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10.11.2022

Greek Ministers of Labor and Social Affairs Hatzidakis and Health Thanos Plevris have inked the new regulatory framework for remote working in the Greek private sector.

Fall in capital values continues for all UK Commercial Property in October 2022

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10.11.2022

According to UK Commercial Property in October 2022m at the all-property level, capital values decreased by 6.8% in October.

Premia Properties inks deal to purchase the Athens Heart

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09.11.2022

PREMIA PROPERTIES announced that in implementation of the 31.08.2022 court decision, which validated the execution of the rehabilitation agreement of the company DORECO S.A. owner of the shopping center "Athens Heart", it concluded with the acquisition of the property.

Piraeus port Authority presented its ESG strategy in Shanghai China International Import Expo

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09.11.2022

PPA SA hosted an online presentation for its activity in matters of the environment, corporate governance and society (ESG) during the China International Import Expo – CIIE exhibition in Shanghai, where Piraeus Port Authority participates with an exhibition stand.

Macquarie Asset Management acquires prime Polish logistic facility

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09.11.2022

Macquarie Asset Management, on behalf of its European logistics real estate fund, has acquired Goleniów II, a Polish logistics facility, from developer 7R as it continues to expand its presence in the country’s logistics sector.

The tender for maintenance-rehabilitation works in Neda river

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09.11.2022

There was announced a tender for the project "Maintenance-rehabilitation works of flood protection works of the Neda river" with a total budget of €1.24 million and the contracting authority is the Region of Western Greece.

Real estate investments in metaverse reached $2B in a year

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09.11.2022

Nearly $2billion (£1.75billion) has been spent on virtual land in the past 12 months, as people and companies race to get a foothold in the metaverse, research shows.

Costa Navarino wins a silver WTM World Responsible Tourism Award

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09.11.2022

Costa Navarino, that is based in southwest Peloponnese and in particular in the perfecture of Messinia, was distinguished for its continuous commitment to sustainable tourism development and won a Silver Award at this year’s WTM World Responsible Tourism Awards.

Athens lists sixth cheapest destinations for digital nomads

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09.11.2022

As employers around the world embrace remote working, the number of digital nomads is on the rise. Thousands of people have moved to far-flung corners of the globe, exploring new cities and cultures between zoom calls.

The first ever operation of DESFA's Floating Storage Unit (FSU) at Revithoussa

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08.11.2022

Greece's National Natural Gas System Operator (DESFA) announced the start of operation of the Floating Storage Unit (FSU) installed by DESFA at Revithoussa, with the unloading of the first cargo of Liquefied Natural Gas (LNG) by the Mytilineos company, ANA reports.

The sale process of Alexandroupolis port was reportedly cancelled

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08.11.2022

The tender for the sale of the port of Alexandroupolis is reportedly canceled as the Greek government will reportedly hold its stake in the port.

Moody's upgrades Greek banks to capture improvements in the economy and lower problem loans

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08.11.2022

Moody's Investors Service (Moody's) has upgraded the long-term deposit ratings of six Greek banks that it rates, by either one or two notches, as well as the standalone Baseline Credit Assessment (BCA) of three of those banks.