HCC clears the acquisition by Fairfax of sole control over Grivalia Hospitality

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28.06.2022

On June, 27th, 2022, the Chamber of the Hellenic Competition Commission (HCC), by its decision 783/2022 unanimously approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified on 15/04/2022, concerning the acquisition by Fairfax of sole control over Grivalia.

Brookfield acquires a central London commercial property

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28.06.2022

Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), snapping a four-and-a-half-year pause in UK acquisitions for the Hong Kong-based laminates maker and property investor.

PerPar in Athenian hotels plunges 26,8% in the first five months of 2022

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28.06.2022

With a drop of 26.8% in occupancy, the first five months of 2022 closed for the Athenian hotels with the revenue per available room (PerPar) falling by 25.9%.

Premia unveils new investments in logistics projects

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24.06.2022

Premia Properties insists on the "philosophy" accoridng to which not adjustments will be adopted in the investment plan despite the negative international developments (rising inflation, geopolitical concern, etc.).

Intertan declares a €6M investment Chalkis, in the Region of Central Greece

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24.06.2022

In a landmark year for the history of Intertan S.A., as 2022 marks 100 years since its foundation, the Company has made a significant investment in new premises in “Glyfa”, Chalkida in the Region of Central Greece.

AVAX group's pipeline as of the end of 2021 was recorded at € 1.4B

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24.06.2022

AVAX group's pipeline as of the end of 2021 amounted to € 1.4 billion, a sum that is expected to further increase in the near future, according to the group's management during the General Meeting of shareholders.

The demarcation of Pikrodafni stream will shortly be initiated following the recently published Presidential Decree

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24.06.2022

After 18 years of delays and following the relevant consultations from the Attica Regional Governor G. Patoulis who had made the issue a priority but also the close cooperation of the Local Government executives with the Central Government and the involved bodies, the demarcation of the Pikrodafnis stream has become a reality.

Sunlight Group inks €150M loan financing with NBG

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24.06.2022

Sunlight Group, member of the international investment “Olympia” Group, announced the signing of a €150m loan with the National Bank of Greece.

Kervis invests in Italian mixed use portfolio located in Lombardy

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23.06.2022

A portfolio consisting of six mixed-use properties in Lombardy, Italy was acquired by Kervis SGR from Fondo Pensioni per il Personale Cariplo with the contribution of Dils.

NEPI Rockcastle reports double digit jump in turnover and unveil intension to expand further in Romania

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23.06.2022

NEPI Rockcastle, the largest mall owner in Romania, announced a double digit jump in its turnover relative to 2019, surpassing expectations, based on the savings the Romanians accumulated during the pandemic.

Plans were unveiled to have 3 wind turbines been developed within the region of Thessaloniki

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23.06.2022

The Metropolitan Committee of Thessaloniki has been invited to comment on the relevant environmental impact studies for the installation of 22 wind turbines, in three areas and seven different locations in the Municipalities of Lagada and Volvi, Thessaloniki.

EY: Total pay is employees chief concern amid tighter labor markets and new opportunities

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22.06.2022

The EY 2022 Work Reimagined Survey reveals insights from more than 17,000 employees and 1,575 employers across 22 countries and 26 industries. The findings explore chief motivators of workforce turnover or retention and highlight areas of focus for leaders looking to lean in to the opportunities of the moment.

Famous Hong Kong landmark Jumbo Floating has sunk

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22.06.2022

Floating restaurant that was a famous Hong Kong landmark has sunk, days after it was towed away from the harbour where it operated for nearly 50 years.

UK inflation skyrockets to 9.1% hitting a 40 years high

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22.06.2022

UK inflation has increased to 9.1%, its highest rate in 40 years amid record prices for petrol and the soaring cost of food.

US existing homes sales plunge 3,4% in May

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22.06.2022

Sales of existing homes in May dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors.