MEAG has acquired the World Port Center (worldportcenter.com) in Rotterdam, the Netherlands, for a special real estate fund in which Munich Re Group investors are invested.
CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a portfolio of two residential assets currently under construction in Barcelona and Badalona.
In June 2022, SABO S.A. undertook another project for Wienerberger, the largest manufacturer of construction materials worldwide.
The e-platform of the new State contribution program for vulnerable debtors, aimming to support keeping their primary residence, until its transfer to the Real Estate Acquisition and Re-leasing Agency, is now available.
Earnings before Taxes (EBT) of half year amounted to € 20.1 mil. out of which, €15.4 mil. relate to the traditional product portfolio.
The framework of the Social Housing Strategy, under the name "My home!" -following the Prime Minister's announcements from the International Exhibition of Thessaloniki- was presented by the Minister of State Akis Skertsos, the Minister of Labor and Social Affairs, Kostis Hatzidakis, the Minister of Environment and Energy, Kostas Skrekas, of Education and Religious Affairs, Niki Kerameos, and the commander of Public Employment Service, Spyros Protopsaltis.
With a total funds of c.€500 million, the program will offer provisions for cheap loans for those interested to purchase a residential property. The scheme will comprise mainly people aged up to 39 years, as the Minister of Labor and Social Affairs Kostis Hatzidakis commented in ERT3.
The new section of Olympia Road Patra-Pyrgos -that is expected to make the journey from Ancient Olympia and Pyrgos to Athens shorter by 40 minutes and 2 hours and 45 minutes respectively- will be delivered by 2025.
PREMIA Properties expanded its real estate portfolio during the first half of 2022, while securing significant funds to finance its investment plan through the successful issuance of a €100 million Common Bond Loan (CBL) in January 2022.
The Hellenic Statistical Authority (ELSTAT) announced the results of the Labour Force Survey for the second quarter of 2022.
Broken down by age of property, the annual rate of change in new apartment prices was 10.5% and in old apartment 8.7%.
The development of the first Water Field of Attica was approved for the port of Lavrio. The field will serve the transportation needs of tourists as well as residents of the wider area of Lavrio to the islands, mainly of the Cyclades.
Trastor REIC announced the sale of an office building in Agia Paraskevi, Attica, located at 3, Agiou Andrea Str., with total surface area of 3,472.70 sq.m., for a total consideration of €2,700,000.
The study of the utilization of the ecclesiastical Estate of Schisto in Skaramangas, with a total area of 3,000 acres, has been inked. The cooperation agreement was signed by the Ecclesiastical Central Finance Service of the Church and HRADF in the presence of Archbishop Hieronymos, Prime Minister Kyriakos Mitsotakis, the relevant pastor Metropolitan Alexios of Nikias, hierarchs, government and self-governing officials.
The seasonally adjusted unemployment rate in July 2022 amounted to 12.6% compared to the downwards 14.1% in July 2021 and to the upwards revised 12.3% in June 2022.