Hilton has confirmed plans to open its first hotel in San Sebastián, Spain, following a franchise agreement with Sociedad Anónima Deportes y Espectáculos, S.A. -a wholly owned subsidiary of Grupo SADE.

Mr. Fotis Gioftsios, President & CEO of Ten Brinke Hellas, has signaled optimistic developments for investments in the Greek real estate industry, speaking in the 15th RED Business Forum. Mr. Gioftsios noted that in the short run there will be available investment funds in the market not only from banks but also by private investors.

Vasilissis Olgas Avenue redevelopment study has been approved by a majority by the Municipal Council of Athens.

Prodea Real Estate Investment Company Societe Anonyme announced that its Board of Directors during its meeting of 16.05.2022 decided to propose to the Annual General Meeting of the Company’s Shareholders which will convene on 07.06.2022 the distribution of dividend €0.279 per share (net) for the fiscal year 2021.

A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (EBRD) and SPE AIF I, LP (SPE Capital) has acquired a majority stake in GlobalCorp for Financial Services S.A.E. (GlobalCorp), a leading non-banking financial services company in Egypt.

Economic activity in Greece significantly recovered in 2021, as real GDP grew by 8.3%, marking one of the best performances in the euro area, according to the Bank of Greece' Financial Stability Review: May 2022.

Clarifications on the future of the energy sector have been announced by Intrakat.

Since the start of the COVID-19 pandemic, business leaders have been looking forward to a time when consumer behavior would return to some kind of normality. Just when it looked like we might be reaching that moment, the world has been plunged into yet more crisis.

Gnosis Investments and Selina announced the opening of the first Selina Hotel in Paros.

Alstom, global leader in smart and sustainable mobility, has signed a contract to supply 130 Coradia Stream High Capacity (HC) electric double-deck trains to Landesanstalt Schienenfahrzeuge Baden-Württemberg (SFBW) for the Baden-Württemberg network, in Germany.

An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi.

The new upgraded train carriages ETR 470 was launched to service the Thessaloniki - Athens route which will now have a total travel duration of 3 hours and 55 minutes.

ECE Real Estate Partners have successfully sold Haid-Center Linz to institutional investors in a 130 million EUR transaction.

"Yes" to sustainable real estate investments but with strict criteria such as the pre-lease agreement of the building, the bankers argued based on the strategy followed nowadays by the country's financial institutions.

Hines, the global real estate firm, announced that Hines European Property Partners (“HEPP” or the “fund”), its new diversified, open-ended core-plus fund focused on key European markets, has secured c. €800 million of equity commitments from investors at its first closing, less than three months after the fund’s launch.