PREMIA Properties reports expanded real estate portfolio during the 2Q2022

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15.09.2022

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.

Greek unemployment rate for the second quarter of 2022 was 12.4%

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15.09.2022

The Hellenic Statistical Authority (ELSTAT) announced the results of the Labour Force Survey for the second quarter of 2022.

Residential property prices in Greece keep rising in the 2Q2022

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15.09.2022

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 first water field of Attica will be developed in Lavrio port

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15.09.2022

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 disposes of an asset based in Agia Paraskevi, Attica

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15.09.2022

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.

Greek church' Schisto Estate in Skaramangas will be soon redeveloped

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15.09.2022

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 reaches 12.6% in Greece

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14.09.2022

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.

The Production Index in Construction up 28,9% in 2Q2022

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14.09.2022

The Production Index in Construction (IPC) in the 2 nd quarter 2022 recorded an increase of 28.9% compared with the 2 nd quarter 2021.

EBRD and Innova exit from Romanian energy sector service firm EnergoBit

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14.09.2022

Investment fund Innova Capital and the European Bank for Reconstruction and Development (EBRD) sold the 25% stake they still owned in EnergoBit, a Romanian holding company that delivers complete solutions for energy projects, according to local news agency.

Mont Parnes casino relocation from Parnitha to Maroussi in progress

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14.09.2022

The Draft Presidential Decree for the gradual relocation of the "Mont Parnes" casino from Parnitha to the Municipality of Marousi has been submitted to the Council of State for legislative processing.

Intrum Hellas seals the acquisition of Project Tethys

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14.09.2022

Intrum Hellas -administrator of the claims arising from loans and credits belonging to the special purpose companies under the names Sunrise I NPL Finance DAC, Sunrise II NPL Finance DAC and Vega II NPL Finance l DAC, in the role of sale coordinator, announced that the consortium SMERemediumCap / Latonia Enterprises Company Limited – Athanasios Laskaridis family office / WHG Europe Limited – Brown Hotels was declared as the preferred investor for the sale of a loan portfolio of 72 hotel units, legal claim €254 million, belonging to the aforementioned special purpose companies (Project Tethys).

Radisson Hotel Group is expanding in Poland

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14.09.2022

Radisson Hotel Group plans to further expand its portfolio in Poland. Just this year, the Group opened the Andersia Hotel & Spa Poznań, a member of Radisson Individuals and Radisson RED Gdansk hotel already in the country.

Three waste treatment plants in Patras, Santorini and Tinos were recently auctioned

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14.09.2022

The Ministry of Environment and Energy announced 3 additional auctions for waste treatment units in Patras, Santorini and Tinos with worth of c.€68.5 million .

The number of job vacancies recorded an increase of 123.7% in the 2Q2022

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13.09.2022

The Hellenic Statistical Authority (ELSTAT) announced the quarterly Press Release aiming at presenting data on job vacancies for the whole economy excluding Primary Sector and Activities of Households, referring to the 2nd quarter 2022.

Major acquisitions in the hospitality sector for EPSILON NET

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13.09.2022

EPSILON NET announced the completion of the agreement for the acquisition of a (majority) stake in three (3) business software companies, specializing in the field of technology systems for the dynamic sector of Tourism.