Taxation of real estate long-term leases to be revised

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16.05.2025

The Ministry of Finance is designing a new tax framework for rental income, with the aim of promoting long-term leases, limiting tax evasion, and contributing to the resolution of the housing crisis.

Seven bidders compete for the lease of "Akti Vouliagmenis"

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16.05.2025

Seven investment groups have entered the race to lease Vouliagmeni Beach, following the completion of the first phase of the tender process launched by HPPC.

Land prices have increased by more than 40% over the past decade

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16.05.2025

Increase in potential sale prices for the seventh consecutive year in the land market in 2025.

Revised National Recovery and Resilience Plan is expected to be submitted

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15.05.2025

Barring unforeseen developments, the revised National Recovery and Resilience Plan is expected to be submitted today, as announced by Deputy Minister of National Economy and Finance, Nikos Papathanasis, speaking to ERTNews.

BriQ: Net Profits increased by 60% in first quarter 2025

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15.05.2025

BriQ Properties, following the completion of the merger by absorption of Intercontinental International REIC (ICI), reported a significant increase across all key figures in the first quarter of 2025 compared to the same period last year.

Noval Property eyes ten new development projects

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15.05.2025

With three significant projects—two office buildings and one mixed-use development—set for completion in 2025, Noval Property is setting its course for new developments, evaluating at least ten new projects.

Public consultation launched for Divine Property’s Strategic investment project on Syros

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14.05.2025

The “Cavo Fregada Syros Seaside Hotels and Villas” project by “Ellinika Paradosiaka Spitia S.A.”—a company affiliated with the Berjaoui family and Divine Property—has been submitted for public consultation by Enterprise Greece.

Amendment on changes to the New Building Regulation submitted to Parliament

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14.05.2025

The amendment introducing changes to the New Building Regulation (NOK, Law 4067/2012) has been submitted to the Hellenic Parliament, aiming to align the regulation with the recent decision of the Council of State (StE).

Who is investing in hotels? Southern Europe is gaining ground

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13.05.2025

2024 was a landmark year for the European hotel investment market, marked by increased transactions at improved pricing and a return of investor confidence — primarily from Private Equity and Owner-Operators — while institutional investors remained cautious due to high interest rates.

Premier Capital Hellas announced sales of €108.9M in 2024

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12.05.2025

In 2024, Premier Capital Greece, the operator of McDonald's restaurants in the Greek market, reported sales of €108.9 million, marking a 6% increase compared to €102.5 million in the previous year.

The share capital increase of Premia Properties has been officially approved

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12.05.2025

The Annual General Meeting of the shareholders of Premia Properties formally approved the increase of the company's share capital by €40 million. According to the CEO of Premia, Kostas Markazos, the process is expected to be completed by the end of June.

The platform for business electricity subsidies is now open

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12.05.2025

The electronic platform of DEDDIE opens today, Monday, May 12, for businesses to submit applications for support regarding the increased electricity costs they incurred during the period from December 1, 2024, to February 28, 2025.

Greek Countryside in transition: the consequences of Presidential Decree 129/2025 (Small Settlements)

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12.05.2025

The new Presidential Decree 129/2025 introduces significant changes, raising legitimate concerns among thousands of citizens.

The renovated buildings of the former 401 Military Hospital delivered

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12.05.2025

The inauguration of the building at the former 401 Military Hospital on Dinochratus Street 68 in Athens took place in the presence of the Governor of Attica, Nikos Hardalias, and the Archbishop of Athens and All Greece, Jeronymos.

HotelBrain secures agreement for the former selina Paros Property

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12.05.2025

HotelBrain, the largest hotel group in Greece by number of properties, with 106 hotels across 38 destinations in Greece and Cyprus, has announced the 10-year lease of the former Selina Paros.