Trade Estates aims for a portfolio valued at up to €1B by 2031

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04.04.2025

Trade Estates aim is to have a portfolio with a mixed fair value of €720 million to €760 million by the end of 2028, with a target ceiling of €1 billion by 2031.

New Polytechnic School established in Crete

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04.04.2025

The Ministry of Education announced the establishment of a Polytechnic School at the University of Crete (ELMEPA), based in Heraklion, Crete.

Investments in elderly care homes on the rise

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04.04.2025

Investment demand in the UK healthcare market is expected to increase this year, according to CBRE's 2025 UK Healthcare Sentiment Survey.

€5.75B in new investments transform Western Macedonia into a Technology Hub

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04.04.2025

The DEI Group presented its strategic investment plan of €5.75 billion over the next 3 to 5 years, aimed at transforming the former lignite areas in Western Macedonia into a technological and green energy hub for Greece and Southeast Europe. The announcement was made at an event held at the former lignite-fired power plant in Kardia.

Deloitte was appointed AKTOR's consultant in the Crete student dormitories project

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04.04.2025

The contract for the study, financing, construction, maintenance, and operation of student dormitories at the University of Crete in Rethymno and Heraklion has been signed. The project will be implemented through a Public-Private Partnership (PPP), with Deloitte playing a key role as the consultant for the AKTOR Group of Companies.

Fais takes full control of Zaffron Resort in Santorini

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02.04.2025

Fais Holdings SA announced the acquisition of shares in one of its subsidiary companies.

Trade Estates closed 2024 with revenues of €46.2M

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02.04.2025

The Total Revenues of Trade Estates for 2024 amounted to €46.2 million, compared to €26.7 million (a 73.1% increase) in 2023.

Chalkida and Psachna bypass project secures financing from the NSRF

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02.04.2025

The project "Chalkida Bypass and Psachna Bypass," with a total length of approximately 28 kilometers and a budget of €238,430,480, has been included in the ESPA Program "Transport 2021-2027."

Greek unemployment at 8.6% in February 2025

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02.04.2025

The Hellenic Statistical Authority (ELSTAT) announced the seasonally adjusted estimates of employment and unemployment for February 2025.

BriQ Properties to distribute a dividend of €0.135 per share

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02.04.2025

The Board of Directors of BriQ Properties has decided to propose to the Annual General Meeting of Shareholders the distribution of a dividend of €0.135 per share (net), totaling €6.0 million. This represents a 29% increase per share compared to the dividend from the previous fiscal year (€0.1045 per share).

Global tourism reached 2019 levels last year

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02.04.2025

Impressive recovery is being shown by global tourism in 2024, according to data from the World Tourism Organization presented in the "Special Edition - 2024 Review" of the Statistical Bulletin by INSETE.

Fitch has upgraded the credit ratings of the four largest Greek banks

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02.04.2025

Fitch has upgraded the long-term issuer default ratings (IDR) of Eurobank and National Bank of Greece (NBG) by one notch to "BBB-" with stable outlook, from "BB+" with positive outlook. The ratings of Alpha Bank and Piraeus Bank have also been raised to "BB+" with positive outlook, from "BB" with positive outlook.

Invesco Real Estate acquires the InterCity Hotel in Berlin

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02.04.2025

Invesco Real Estate has acquired the InterCity Hotel in the center of Berlin on behalf of a German group.

New hotels added to the portfolio of the Sani/Ikos group

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01.04.2025

The Sani/Ikos group has added new hotel resorts in Greece and Spain to its portfolio.

Cushman & Wakefield: Office tenant renovation cost guide

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01.04.2025

The slowdown in construction costs, below the average levels of the past 5 to 10 years, has resulted in a decrease in inflation in the U.S.