The Municipality of Thessaloniki is to declare a competition of architectural ideas for the construction of a wooden deck on the old Paralia Thessalonikis, according to Mayor's Konstantinos Zervas opening remarks during last night's (26/01) Municipal Council meeting.

QuadReal Property Group and pan-European urban logistics specialist Valor Real Estate Partners have expanded their partnership with the launch of a second Joint Venture to invest an additional €3 billion in urban logistics assets located primarily in UK, France and Germany.

CBRE Investment Management, on behalf of a fund it sponsors, has acquired a portfolio of three logistics assets in a joint venture agreement with the developer and seller, MG Real Estate.

The internet of things is creating a new source of public revenue, but is it also creating a new source of social capital? Are there new ways to use technology, to improve livability? Do digital and built environment investments go together? These were some of the questions posed during the closing keynote discussion of the first day of the World Build Environment Forum*, organized by RICS and held virtual during January 24 – 25.

Τέθηκαν σε ισχύ οι άδειες ίδρυσης και λειτουργίας στα υδατοδρόμια Κέρκυρας και Παξών, με σχετικές αποφάσεις του Υφυπουργού Υποδομών και Μεταφορών, αρμόδιου για τις Μεταφορές, κ. Μιχάλη Παπαδόπουλου.

Arrow Capital Partners, the investor and operator of real estate in Europe and Asia-Pacific, has acquired the A4 portfolio of three fully let light industrial assets in Germany.

The Ministry of Environment and Energy and the insurance companies in Greece are in talks to adopt the measure of real estate property insurance as obligatory in new built properties located in areas of special vulnerability as of 2025.

Intercontinental International REIC mergers two of its subsidiaries.

The Ministry of Finance is offering a sigh of relief to thousands of property owners who are trying to transfer their properties based on the old fair property values.

Athens Stock Exchange (ATHEX) announced that the Board of Directors, at its extraordinary meeting today, unanimously selected Mr. Giannos Kontopoulos as the new Chief Executive Officer.

Piraeus Financial Holdings announced that its subsidiary Piraeus Bank S.A. has reached an agreement with WRED LLC, a company affiliated with Värde Partners, for the acquisition of WRED’s c.52% stake in Trastor Real Estate Investment Company S.A..

The extension for at least one month in the transfers of real estate with the old objective values is being examined by the Ministry of Finance, giving a little "breath" to the involved parties (lawyers, notaries, engineers, etc.) that have undertaken the process.

The Central Council of Architecture (KESA) grants an approval of the modified study for the construction of a 5 * hotel of the new hotel unit IKOS ODISIA, with a 3,500sqm reduction in construction restrictions thought.

HCAP Deputy CEO, Mr. Stefanos Giourelis, and HCAP Chief Technology Officer, Ms. Afrodite Sevasti, presented the O2 Hub, a new, pioneering Open Data & Open API Hub of the organisation’s subsidiaries and holdings.

The EU imposes a € 5.5 million fine in Greece because it did not recover the state aid granted to LARCO.