Developer Fashion House, announced that it would expand the outlet centre it opened last spring in the Pallady area in eastern Bucharest.

The fair value of Noval Property’s investment property and participations portfolio amounted to €413.29 million on 31st December 2021, an increase of 13.35% compared to 31st December 2020.

PPC S.A. announced that the sale of 49% of its participation in HEDNO S.A. (Hellenic Electricity Distribution Network Operator S.A.) share capital was completed with the deposit of €1,320 million by Macquarie Asset Management for the acquisition of the aforementioned stake.

The Hellenic Republic Asset Development Fund (HRADF S.A.), a member of the HCAP Group, received binding offer by the consortium INTERNATIONAL PORT INVESTMENTS KAVALA, composed of the companies BLACK SUMMIT FINANCIAL GROUP – EFA GROUP – GEK TERNA for the sub-concession of the right to use, maintain, operate and exploit a multi-purpose terminal within “Philippos II” port (currently operated by Kavala Port Authority S.A. – OLK S.A.).

The Overall Material Costs Index in the Construction (CSTM) of New Residential Buildings with base year 2015=100.0 in January 2022 recorded an increase of 7.3% in comparison with January 2021.

MYTILINEOS S.A. reaffirming its strategy in expanding its solar activity in markets around the world, is announcing the completion of the construction of a 1.55MW Solar PV project in Yangpyung-gun in South Korea, by its Renewables and Storage Development (RSD) Business Unit.

Norway is starting a process to remove Russian assets from its $1.3 trillion sovereign wealth fund, in a rare case of politics steering investments for the country’s savings.

The Group’s portfolio (Trastor and subsidiaries) comprised of 59 assets with a total fair value of € 324.9million.

Greek hoteliers are keeping a "wait an see" attitude following the recent developments in Ukraine. At the moment, there are no cancellations of tourist packages for Greece, but the current situation could potentially become a problem.

Cypriot fintech that provides insightful property data across Europe, WiRE has raised approximately €1 million from institutional and private investors.

The Ministry of Finance announced a new program of state support for the first home loans of vulnerable households.

Strategies are changing, with companies faced with blockages in their supply chains during the pandemic, and in the subsequent distribution of their products due to shipping congestion caused by the restart of economies.

In the coming weeks, the Sustainability Study for the renovation of the Panhellenic Exhibition of Lamia is expected to be delivered by the real estate development company Dimand.

Ex-Beatle Paul McCartney has just sold his Upper East Side co-op at 1045 Fifth Avenue for $8.5 million, The Real Deal reports. Sir Paul and his wife, Nancy Shevell, purchased the four-bedroom co-op in 2015 for $15.5 million.

TRAINOSE informed with an announcement, passengers who were trapped on the trains 54, 55, 56, 57 and 885 on January 24, 2022, that from today an electronic application platform for the receipt of the extraordinary financial support has been activated.