Noval Property sales two prime properties in central Athens
Together with a 156 sq.m. retail unit in the city center (Tzortz, Exarchia), these are among the smaller assets in the REIC’s portfolio, which comprises 61 properties, primarily shopping centers, ware ...
Social housing in Thessaloniki: a model for vulnerable Households
The project is being implemented under the Recovery Fund program “Social Housing for the Most Vulnerable Groups,” which repurposes inactive housing stock and makes it immediately available for occupan ...
POMIDA calls for immediate revision of energy factor in Greek building code
In a letter addressed to the Minister of Environment and Energy, Stavros Papastavrou, and the Secretary General for Energy of the Ministry of Environment and Energy, Despoina-Leto Palierouta, POMIDA s ...
Greek retail turnover hits €74.85B in 2025
According to data from ELSTAT, excluding the sectors of vehicles, food, and fuel, retail turnover in 2025 amounted to €27.33 billion, also marking a 2.0% increase compared to 2024 (€26.79 billion)....
H.I.G. Capital acquires office asset for residential transformation
Specifically, the U.S.-based investment firm H.I.G. Capital has completed a new acquisition in Central London, further strengthening its presence in the British capital’s residential market.This m ...
Greece’s share of global tourist arrivals has increased
According to the Economic Research Bulletin of Alpha Bank titled “Greek Tourism in 2025: Performance, Prospects, and Challenges”, Europe continues to be the main global tourism hub, attracting over ha ...
EKTER strengthens project portfolio with €167M deal
Specifically, the project involves a five-story office building and production studios for television and radio programs, including two underground levels, with modifications to the architectural plan ...
State budget posts €3.5B primary surplus in January
The overall state budget balance posted a surplus of €2.287 billion, significantly exceeding the €543 million target included in the 2026 Budget Report, as well as the €758 million surplus recorded in ...
The Commercial-to-Residential conversion trend
This trend is being reinforced both by the lower acquisition cost of commercial properties and by the opportunities to capitalize on them through investment schemes and short-term rental platforms suc ...
Drop in industrial import prices recorded in 2025
According to data published by ELSTAT, the General Index of Industrial Import Prices in December 2025 decreased by 1.5% compared with November 2025, in contrast to an increase of 0.8% recorded in the ...
OSE launches recruitment for 33 key leadership positions
The initiative is part of the key reform measures of Law 5220/2025 for the new OSE and marks the transition to a modern governance model, emphasizing transparency, meritocracy, and accountability....
Sapphous stream regulation project moves into implementation phase
Funding will be provided through Sectoral Programme resources, with completion of the works scheduled for early 2028. The project is regarded as critically important for flood protection in the Northe ...
New tax rates apply for 2024 declarations submitted to AADE
The relevant updates have been incorporated pursuant to decisions issued by the Governor of the Independent Authority for Public Revenue (AADE), Mr. Georgios Pitsilis (Decisions A.1038/2026, A.1039/20 ...
Diaporos investment by Stavros Andreadis opened to public consultation
The investment, with a total budget of €41.7 million (excluding VAT), has been included in the Strategic Investments framework pursuant to Law 4864/2021. It предусматриes the development of a five-sta ...
PEDMEDE ECO expands facilities for authorized iInert waste management
The project aims to rehabilitate an inactive quarry site using inert materials, without the need for additional processing, within a fully controlled and legally compliant framework through the contra ...