The world’s first project of its type to achieve the very highest environmental BREEAM

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02.06.2022

Vestre has completed the world's most environmentally friendly furniture factory, The Plus.

ECB: interest rate on loans for house purchase increased

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02.06.2022

The composite cost-of-borrowing indicator, which combines interest rates on all loans to corporations, remained broadly unchanged in April 2022.

NBG approves the draft demerger deed for the spin-off of its Merchant Acquiring Business

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01.06.2022

The National Bank of Greece (“NBG”) announced that the Board of Directors approved the draft demerger deed for the spin-off of its Merchant Acquiring Business and its contribution to a newly established company, NBG Pay S.M.S.A (“NBG Pay”).

ERGOSE is to declare the next phase of the proceeds for six pending railway development tenders

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01.06.2022

The second phase of the six tenders for the largest railway project in the history of the country, amounting to € 4 billion, is expected shortly.

Noval declared the 1st interest payment period of its Green Bond

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01.06.2022

The date of determination (Record Date) of the beneficiaries of interest of the Bond Loan for the 1st interest period is Friday 03.06.2022.

Greek office prime yields soar in the 1Q2022

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01.06.2022

Rents in the first quarter of 2022 have been increased relative to the previous quarter in the office, retail and supply chain sectors for the first time since the start of the pandemic, with yields being squeezed for the second consecutive quarter.

Financial analysts have particuarly focused on Alpha Bank's 1Q2022 resutls

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31.05.2022

Alpha Bank’s performance has been strong and financial results reveal the strengths of the Greek franchise, according to the bank's statement.

Request for adjustments in the building restrictions for plots that span less than 4 acres

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31.05.2022

POMIDA has adressed a request for the reconstruction of the land plots that span less than four (4) acres to the competent ministers.

Objections against forest maps submission deadline has been extended

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31.05.2022

An extension until July, 15 was granted by the Ministry of Environment and Energy for objections submission with regards to the forest maps.

Greek minimum wage purchasing power has been diminished by 18%

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31.05.2022

"The combination of the effects of the pandemic, the precision and the geopolitical developments caused by the Russian invasion in Ukraine, are generating new turbalence in economic and social instability."

ELLAKTOR Group returns to profitability after 11 consecutive loss reporting quarters

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31.05.2022

ELLAKTOR Group reported after tax profit after 11 loss making quarters according to the group's official press release. Earnings After Tax (excluding one-off charge) reached €14million for Q1 2022 Break-even at the operating profitability level for AKTOR SA.

Urbanisation seems to be transforming the logistics sector

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31.05.2022

“The Future of Transportation & Logistics” survey conducted by KPMG in Greece, explores the sector structure, size and growth, financial trends and the different types of services offered. It provides an overview and comparative analysis of the key market players, the main barriers for new entrants and the expected future investment in the sector.

Buildings are critical to the energy transition

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31.05.2022

Climate risk is the biggest disruptor to established cities. The urbanized Global North has a huge retrofit challenge, according to JLL's recently unveiled "Decarbonizing Cities and Real Estate" report.

Wyndham top executive unveils plans to further expand the brand' presence in Greece

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31.05.2022

Wyndham Hotels & Resorts is planning to further expand its portfolio in Greece by increasing the number of its hotels from 10 to 25 over the next three years, the group’s President for Europe, Middle East, Eurasia and Africa Dimitris Manikis announced during the 1st International Business and Hospitality Forum.

EBRD invests €31,5M in Dimand JV

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26.05.2022

The EBRD invested €31.5 million in a joint venture (JV) with Dimand, a leading Greek real estate developer and construction services provider with a 15-year record of successfully delivering brownfield regeneration projects.