Greek tourism sector skyrockets

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22.08.2022

According to data unveiled by the Bank of Greece, Travel receipts were 224.5% higher in June 2022 and 329.3% higher in January-June 2022 than in the corresponding periods of 2021.

A 3M infrastructure project was delivered in the region os Thessaly

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22.08.2022

An important project that will enhance road safety in the area of Argithea has been recently delivered by the Region of Thessaly.

Multigenerational living has risen sharply over the past five decades in the US

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22.08.2022

Multigenerational living has risen sharply over the past five decades and shows no sign of slowing down. Largely driven by financial constraints, one in four young adults now live with parents or grandparents, according to a recent Pew Research Center report. “It’s really a private social safety net,” said Richard Fry, a senior researcher at Pew.

The regeneration of the Evangelikon park in Katerini northern Greece

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22.08.2022

The upgrading of the public space and the possibility of individual exercise in specially designed free & safe spaces are ensured by the regeneration of the Evangelikon park and at the same time the installation of exercise equipment at the specific spot, as well as at the 1st Municipal Sports Center of Katerini.

Athens lists amongst Europe's most competetive tech hub markets

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22.08.2022

Beyond the global tech hubs in Western Europe, employers have expanding operations into Central Europe according to Cushman & Wakefield Proprius recently unveiled research, C&W REGIONAL AND EMERGING TECH HUBS IN EMEA.

UBS invests in tech unicorn BigPanda

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18.08.2022

UBS announced it has invested in BigPanda, a leading artificial intelligence IT operations (AIOps) platform, through UBS Next, the firm’s strategic venture and innovation unit.

Scientists use algae to make carbon-negative cement

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09.08.2022

A CU Boulder-led research team has figured out a way to make cement production carbon negative using microalgae.

Greek authorities unveil an Urban Plan for the Mati and other adjacent urban units

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09.08.2022

Strong potential ahead for the Greek office market expected returns

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09.08.2022

The Greek office market in Athens and Thessaloniki is extremely promising with expected returns reaching 8.5% relative to other European markets according to the latest report by Danos International Property Consultants & Valuers

Sheraton Rhodes Resort was sold to a Spanish investment fund

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09.08.2022

LAMPSA Hellenic Hotels announced the sale of the Sheraton Rhodes Resort to the Spanish investment fund Azora.

Lamda Development acquires McArthurGlen Designer Outlet Athens

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09.08.2022

LAMDA DEVELOPMENT S.A., in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that its 100% subsidiary, LOV S.M.S.A., acquired on 05.08.2022, 100% of the company McArthurGlen Hellas Single Member LLC, owner of the McArthurGlen Designer Outlet Athens in Spata, in the Attica prefecture, from the company MGE Hellenic Investments S.àr.l.

Three binding offers for the acquisition of the Igoumenitsa Port Authority S.A.

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09.08.2022

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), announced the three binding offers for the acquisition of a majority stake of 67% in the share capital of the Igoumenitsa Port Authority S.A.

Floods and storms drive global insured catastrophe losses

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03.08.2022

Floods and storms drive global insured catastrophe losses of USD 38 billion in first half of 2022, Swiss Re Institute estimates

The Hellenic Public Properties Co launches procedure to evaluate its real estate portfolio

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03.08.2022

The Greek hyper fund to review and evaluate the real estate properties comprised in its portfolio in order to determine the assets that are considered to be mature from technical, legal and commercial perspective, and proceed with formulating strategies and exploiting alternative commercial development and investment possibilities.

Autohellas inks deal to purchase 85.60% stake in Portuguese Hertz

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03.08.2022

Autohellas has (August 1, 2022) entered into a binding agreement for the acquisition of 85.60% (plus 4.4% Treasury Shares, totalling 90%) of the share capital of Portuguese company HR Aluguer de Automóveis S.A. (HR Automóveis), the franchisee partner of Hertz International in Portugal, at a consideration of €31,500,000.