New legal framework for Parnitha casino relocation to Maroussi

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08.09.2021

Greek government has comprised in the bill of the Health Ministry entitled “Urgent arrangements for the protection of public health from the ongoing consequences of the COVID-19 pandemic and the reopening of Greek courts and other issues ”, details on the procedure and conditions for Parnitha casino relocation to Maroussi suburb. The bill has been submitted for vote in the Greek parliament.

Restoration works in Esperia Hotel Athens to begin shortly

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08.09.2021

Greek authorities have issued the necessary building permits for the restoration of the historic Athens Esperia Hotel.

A new player in the Greek Real Estate market

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08.09.2021

RETAMA Real Estate, UCI GREECE LMS' subsidiary, was launched to become a strong player in the Greek real estate industry.

A challenging month ahead for Hines' project in Voula suburb of Attica

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08.09.2021

Important developments are anticipated regarding the investment project of Hines and Henderson in Voula suburb of Attica.

Green pass for the construction of Infinity hotel in Argolida

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08.09.2021

The Decentralized Administration of Peloponnese- Western Greece-the Ionian, approved the environmental conditions for the large tourist investment in Ermioni.

Dimand begins works for Kaizen Gaming new offices

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08.09.2021

The design and construction projects of the office building have been undertaken by Dimand, the largest Greek real estate development company. ενός νέου, υπερσύγχρονου κτιρίου 3 ορόφων με 3 πτέρυγες συνολικού εμβαδού 7.500 τ.μ, με υπόγειο πάρκινγκ και βοηθητικούς χώρους.

Plaisio Computers purchases logistics in Magoula industrial zone

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08.09.2021

Plaisio Computers and Akritas S.A. have jointly signed a notarial preliminary agreement for the sale of the latter's logistic property located in Loutsa region.

Greece agrees with the EU Commission on Thriasio I adjustments

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08.09.2021

EU Commission stipulated, that in case the return on investment exceeds 9%, then this return shall be divided between the parties.

Hotel Investment Partners takes over Elounda Blue

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08.09.2021

Hotel Investment Partners (HIP), the largest owner of resort hotels in Southern Europe owned by funds managed by Blackstone, has signed an agreement to acquire the Elounda Blu hotel in Greece from Ledra Hotels & Villas, the multi-award winning Greek hospitality group.

Increases in RES Power limits for net metering

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08.09.2021

The power limit for the installation of RES stations was increased from from 1 MW to 3 MW for both the interconnected network and in Crete. The change in power limit refers to offset either energy applications or net metering.

The use of drones is transforming the construction industry

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07.09.2021

The use of drones and the technology including artificial intelligence in various industries has become increasingly popular in recent years.

The new Ble Kedros REIC hotel in Makrygiannis region of Athens

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07.09.2021

The draft presidential decree of the Ministry of Environment that has been recently published comprises the construction terms for the development of the new 5-star Ble Kedros REIC hotel in Makrygiannis region of Athens center.

Trade Estates reports €13.5M in revenues from rents in the 1H2021

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07.09.2021

Trade Estates REIC, a Fourlis Group subsidiary, announced €3.5million from rents during the first half of 2021, according to the financial results released by the parent company.

Long Harbour acquires the freehold interest in a Hampton Munich hotel

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07.09.2021

Long Harbour has completed a further ground lease transaction in Germany with the acquisition of the freehold interest in a Hampton by Hilton Munich airport hotel for €14 million.

Greek visitors retrieve their pro-covid tourism habits

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07.09.2021

Greek travelers are getting a lead back in visiting Greek tourist destinations around the country a fact that is being recorded as a sign of optimisms for market prospects in local communities.