Iktinos closes deal with CBE Capital for Sitia property

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15.12.2025

IKTINOS HELLAS S.A. has announced the completion of the transaction concerning the property located in Sitia Bay, Crete, owned by its subsidiary Iktinos Technical & Tourism S.A., following the signing of a final Asset Management Agreement (AMA) and an Option Agreement in favor of Iktinos with CBE Capital Ltd.

Extension of rail replacement works on Metro Line 2 announced

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15.12.2025

According to STASY, the rail replacement works on the Line 2 section “Dafni – Neos Kosmos” will be extended for two days, specifically on Monday, 15/12, and Tuesday, 16/12.

Marousi Casino to begin operations spring 2028

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15.12.2025

The development of the Voria leisure and casino complex in Marousi, set to host the relocated Mont Parnes casino, is in full swing.

Buying homes with cash: why mortgage lending remains limited in Greece

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15.12.2025

Bank financing remains a marginal component of the housing market, well below EU levels.

Kyriakos Pierrakakis assumes Presidency of the Eurogroup

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12.12.2025

Finance Minister Kyriakos Pierrakakis has been elected president of the Eurogroup, a move carrying significant symbolic weight for Greece and placing him at the helm of the influential body guiding the eurozone’s economic policies.

EU undertakes revision of public procurement legislation

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12.12.2025

The European Builders Confederation (EBC) emphasizes that revising the Public Procurement Directive offers a key opportunity to boost the European economy, elevate project quality, and promote social cohesion.

Greek exports total €4.25B in October 2025

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12.12.2025

Food exports once again led in absolute growth, underscoring their sustained strength in international markets, as October 2025 concluded on a positive note. According to provisional data released by ELSTAT and analyzed by the Institute of Export Research and Studies (IEES) of the Hellenic Exporters Association (SEVE), total Greek exports across all sectors recorded an overall increase.

Onuki opens doors at THE ILISIAN, the former Hilton Athens

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12.12.2025

Onuki, the acclaimed Japanese gastronomic concept originally created at Costa Navarino, is making its debut at THE ILISIAN, marking another significant milestone in the phased reopening of the Hilton Athens.

Domes and Brookfield team up for €40M resort expansion

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12.12.2025

Brookfield, through one of its private real estate investment funds, is acquiring the majority stake in Domes Zeen Chania, a Luxury Collection Resort in Crete. Through this partnership, Brookfield and Domes will expand the resort with an investment exceeding 40 million euros.

Commercial real estate market shows cautious optimism

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11.12.2025

The recent Deloitte survey on commercial real estate (CRE) for 2026 depicts an environment of cautious optimism for the sector, as global uncertainty and high interest rates continue to slow the market’s recovery.

Domes and Brookfield launch €40M expansion project

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11.12.2025

Domes Zeen Chania is entering a new phase of development, as Domes and Brookfield — through one of its private real estate funds — have announced the formation of a joint venture, under which Brookfield will acquire a majority stake in the multi-award-winning hotel in Chania.

European operational real estate as a strategic complement to traditional RE models

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11.12.2025

Institutional investors are increasingly turning to European operational real estate (OpRE) as a strategic complement to traditional real estate models. OpRE offers a unique combination of investment features that enhance portfolio performance, improve diversification, and provide opportunities for value creation.

Government approves rollout of orange electricity tariff

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10.12.2025

The Ministerial Decision authorizing the rollout of the dynamic (orange) electricity tariff has been officially signed.

Countrywide urban planning expected to wrap up in May

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10.12.2025

According to Giorgos Stasinos, President of the Technical Chamber of Greece (TEE), 70–80% of the country’s urban planning is expected to be completed by May. He made this statement during the 2nd International Conference ‘Redefining the Future Horizons,’ organized by TMEDE.

New luxury hotels on the Horizon for Meliá Hotels in 2026

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09.12.2025

Spain’s largest hotel group and Europe’s third-largest, Meliá Hotels International, is accelerating its global expansion, with 23 new hotels planned for 2026.