Piraeus Bank backed fund sells Pollfish online platform to Prodege

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02.02.2022

PJ Tech Catalyst Fund, a seed stage technology fund operating out of Athens, Greece and backed by the European Investment Fund and Piraeus Bank announced that its portfolio company Pollfish has been acquired by Prodege, a cutting-edge marketing and consumer insights company based out of El Segundo, California.

Germany the number one favorite real estate market for cross-border funds

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01.02.2022

The strong economic recovery supports the recovery in the real estate markets and the downside risk can only arise from higher inflation or a resurgence of the pandemic, CBRE points out in a recent;y published report regarding the German real estate market.

Renewables on the rise, coal continuously falling

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01.02.2022

Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s share continued to rise, according to data released by Eurostat.

Seasonally adjusted GDP up 2,2% in the EU in 4Q2021

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01.02.2022

In the fourth quarter 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat.

BoG deposits placed by households and non-profit institutions jump €2,698M in December

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01.02.2022

In December 2021, the monthly net flow of credit to corporations was positive by €1,832 million, compared with a positive net flow of €538 million in the previous month; the annual growth rate increased to 4.3%, from 4.0% in the previous month according to data unveiled by the Bank of Greece.

Unemployment rate in the EU at 7% in December

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01.02.2022

In December 2021, the euro area seasonally-adjusted unemployment rate was 7.0%, down from 7.1% in November 2021 and from 8.2% in December 2020.

Azora launches fund to invest in "build to rent" residential developments across Spain

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01.02.2022

Azora, the Madrid-based Global private equity real estate manager and Spain’s pioneer and largest manager of purpose-built rented residential assets, announced that it has signed an agreement with a global institutional investor to create BRISA, a new vehicle focussed on build to rent residential developments across Spain.

Belgian logistics firm VGP enters the Hellenic market

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01.02.2022

VGP, a pan-European provider of high-quality logistics and semi-industrial real estate, enters the Greek market with the opening of an office in Athens and appoints Stratos Iliou as Country Manager for VGP Greece.

IMF ambitious reforms could potentially unlock higher private investment in Greece

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01.02.2022

There is scope for expanding the frontier of private investment possibilities in Greece through structural reforms and sound macro-financial policies.

Apartment building in the historic Newton district of Singapore

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01.02.2022

Heatherwick Studio was commissioned to design an apartment building in the historic Newton district of Singapore.

Overall Turnover Index in Retail Trade up 19% in November

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01.02.2022

The Overall Turnover Index in Retail Trade in November 2021 increased by 19.0%, compared with the corresponding index of November 2020, while compared with the corresponding index of October 2021 decreased by 6.3% according to data unveiled by ELSTAT.

Home Invest Belgium issues a green bond for €40Μ

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31.01.2022

Home Invest Belgium, the specialist in residential rental real estate, has completed its first green bond issue for an amount of € 40 million.

M7 sells three properties for a total of €12.2M

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31.01.2022

M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announced that it has sold three assets in Lisbon and Évora, via three separate transactions on behalf of the M7 Portuguese Active Fund for a total of €12.2 million.

Lamda Development inks deal with Brook Lane for the Hellinikon Tower

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31.01.2022

LAMDA DEVELOPMENT S.A., in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced the following in relation to the landmark Ellinikon project.

Industrial PPI soars 29,4% in December 2021

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28.01.2022

The Overall Producer Price Index (PPI) in Industry (total of domestic and non-domestic market) with base year 2015=100.0 in December 2021 recorded an increase of 29.4% compared with December 2020.