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The European Commission presented the European Affordable Housing Plan, an integrated framework of policy measures and financing instruments, on Tuesday afternoon (16 December) in Strasbourg.
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Prodea Investments is initiating a comprehensive transformation of its business model, marking the beginning of a new strategic phase following last week’s €1.275 billion asset disposal to the National Bank of Greece and the Papalekas Group. The transaction significantly enhances the company’s balance sheet flexibility and positions Prodea to redeploy capital into higher-growth segments, while strengthening its long-term value creation strategy.
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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.
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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.
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The development of the Voria leisure and casino complex in Marousi, set to host the relocated Mont Parnes casino, is in full swing.
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Bank financing remains a marginal component of the housing market, well below EU levels.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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The Ministerial Decision authorizing the rollout of the dynamic (orange) electricity tariff has been officially signed.