Premia Properties reports €14.6M profits in 2021

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11.04.2022

Premia Properties, during FY 2021 significantly expanded its investment portfolio, extending its activity in new sectors of the real estate market while simultaneously enhancing its capital structure via the successful, third in a row, share capital increase.

DBRS upgrades Cypriot sovereign credit rating

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11.04.2022

DBRS Morningstar upgraded the Republic of Cyprus’ sovereign credit rating on Friday from BBB (low) to BBB, and changed the trend from Positive to Stable.

KKR logistics platform acquires four UK logistics assets

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11.04.2022

KKR, a leading global investment firm, announced that Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, has acquired four UK logistics assets, located in Harlow, for £160m from TPG, a leading global alternative asset management firm, and Stoford.

Overall Industrial Production Index in February 2022 jumped 4.8%

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11.04.2022

The Hellenic Statistical Authority announced the Industrial Production Index (IPI) on the basis of provisional and working day adjusted data.

Patrizia secures planning permission to convert hClub into office HQs

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11.04.2022

Patrizia will convert the iconic hClub building into a state-of-the-art office in the heart of Covent Garden on Endell Street in London.

Greek CPI soars 8,9% in March 2022

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08.04.2022

The Consumer Price Index in March 2022 compared with March 2021, increased by 8.9%, according to data unveiled by ELSTAT earlier today.

The Municipality of Haidari declares a €8,8M urban refurbishment project

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07.04.2022

The municipality of Haidari will proceed with the complete renovation of a densely populated and highly "loaded" area.

EDP secures 70 MVA of grid connection capacity in Portugal

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07.04.2022

Madrid-based renewables developer EDP Renovaveis SA announced that it has secured 70 MVA of grid connection capacity and a 15-year contract-for-differences (CfD) in Portugal's floating solar auction.

The recent developments in the Greek Metals Manufacturing industry

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07.04.2022

The basic metals industry is one of the top earners, exporters and important employers for the Greek economy.

Lamda Development reports improved shopping centers' aggregate value

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07.04.2022

LAMDA Development FY2021 consolidated net result, after taxes and minority interest, amounted to €191million profit, compared to €52million loss in FY2020.

Inauguration ceremony for HELPE's photovoltaic park in Kozani

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07.04.2022

HELPE's 204 MW photovoltaic park is the largest Renewable Energy Sources (RES) unit in the Southeast Mediterranean region and one of the largest in Europe.

GARBE invests in acquires Mäander development near Munich

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07.04.2022

GARBE Institutional Capital has acquired the technology property "Mäander" from the investor and real estate developer asto Group.

Corinth Pipeworks seals another deal in the Norwegian North Sea

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07.04.2022

Subsea 7 has awarded to Corinth Pipeworks, steel pipe segment of Cenergy Holdings, a contract to provide High Frequency Welding (HFW) steel pipes for the tieback of OKEA Hasselmus gas discovery to the Draugen production platform in the Norwegian North Sea via one subsea well.

Quest Group reports improved results in 2021

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07.04.2022

During 2021 Quest Group recorded Sales €947,9million, EBITDA €75,6m and EBT €136,1million. Excluding Cardlink’s numbers which was sold on the 30/9/2021, consolidated sales from continued operations were €915,9million, EBITDA €64million and EBT €51,3million.

Asking rents for residential properties in Athens keep an upward trend relative to regional cities

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05.04.2022

Ralling real estate property prices on a disproportionate level amongst Athens, Thessaloniki and Patras tenants. According to a Panhellenic Network of Brokers E-Real Estates survey, the potential buyer in Athens will be asked to pay an average of 66.10% higher rent compared to prospective tenant in Thessaloniki and + 82.50% compared to the prospective tenant in Patras.