The company announced the acquisition of the owning company of “Tinos Beach” hotel by its subsidiary Attica Blue Hospitality S.M.S.A, for a total consideration of €6.5 million, financed through a bank loan and own funds.

AVAX company was nominated temporary contractor with a discount of 10.1% and a financial offer of €207,159,200 (without VAT), the competent committee of the Ministry of Infrastructure and Transport for the project entitled: "Bralos - Amfissa road section of the diagonal axis Lamia - Itea - Antirrio", totaling €285.5 million (VAT included).

PRODEA is shifting into the residential sector in collaboration with a specialized group of developers. The REIC unveils plans of enhanced residential units investments in the southern and northern suburbs of Athens for either sale or rent, expecting yields os approximately 7%.

The European Bank for Reconstruction and Development (EBRD) has successfully participated in a green bond issued by Lamda Development in Greece, investing €20 million in the total €230 million offering.

The Ritz-Carlton Moscow is changing its name after its parent company, U.S. hospitality group Marriott International, pulled out of the Russian market over the invasion of Ukraine, the five-star hotel announced earlier this week.

Piraeus Bank submitted to the Ministry of Finance an application for inclusion in the program of providing guarantees of the Greek State in securitizations of credit institutions "Heracles II".

The Technical Chamber of Greece (TEE) is initiating procedures for the utilization of the property it has on Kifisias Avenue ring in order to acquire approximately 3,500 square meters to house its premises.

Louvre Hotels Group, an affiliate of Jin Jiang International, has unveiled plans to enter the Hungarian market in the midscale segment with an 88-room hotel currently under construction in Budapest.

As part of the implementation of the Phase 1 infrastructure projects at The Ellinikon, AVAX Group proceeded with the supply of a fleet of electric cars to be used by the Lamda Development project supervision team.

The company's stake is currently below 5% of the total voting rights of Alpha Bank.

Millennials and Gen Z, it may be time to reacquaint yourself with office attire and the daily commute: Your days of remote working could be numbered, according to one future of work author.

ATTIKO METRO S.A. is proceeding with the preparation of special studies concerning the static adequacy of the buildings along the zone of influence of Line 4A of the Athens Metro

Growth in online grocery shopping has triggered demand for new U.S. cold storage space, spurring 3.3 million square feet of speculative development, up from just 300,000 square feet in 2019, according to a new report from CBRE.

Aiming at strengthening the Digital Transformation of Small and Medium Enterprises, National Bank is entering into a strategic partnership with the Epsilon Net Group, Microsoft & Info Quest Technologies, within the framework of the "Digital Tools for SMEs" program of the Recovery & Resilience Fund.

Several Chinese property developers have said they would accept food as payment for homes in recent months, as they attempt to attract buyers.