Wednesday
17 January 2018
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EDITOR's CHOICE

PPC inks MoU with General Electric

16 January 18

The signing of the memorandum signaled the start of a long-term cooperation with a visible positive impact on the Greek economy.


Swiss Partners Group purchases wind farm in the Netherlands

15 January 18

Borssele is expected to generate about 3TWh per annum, enough electricity to power around 825,000 households.


Christos Leontis was appointed ERT's new President

16 January 18

The committee also ruled in favour of the appointment of Katerina Tsatsaroni as a member of ERT's board.


Greece was ranked first in EU funds absorption

16 January 18

Greece ranked first for the absorption of EU funds in the period 2007-2013, European Commissioner for Regional Policy Corina Cretu said.



REPORTS

£5B were poured in UK's hotel industry in 2017

12 January 18

The high level investment marked a whopping increase of 35% on the previous year.

London's housing market kick starts 2018 in rather blue mood

15 January 18

Rightmove’s report suggests 2018 won’t be any brighter for the capital’s housing market, which was the worst performing in the U.K. in 2017.

LEGAL-TAX

Greek state budget records €1,967Β surplus in 2017

16 January 18

Tax returns totaled 518 million euros in December, down 170 million euros from targets.

DEALS

DATE BUYER SELLER
15 January 18 Shorenstein Properties David S Taylor Interests και Britannia Pacific Enterprises
05 December 17 TH Real Estate Irus European Retail Property Fund

INDICES

MARKET WATCH

VIEWS

SMEs must be supported if Greek economy is to survive

11 January 18 |

We are optimistic and determined that we can make it," Vasilis Korkidis, president of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) said.

Eurobank hopes to increase profits up to €200M

16 January 18 | Stavros Ioannou

Eurobank remains focused on strengthening its leading presence in asset management, international banking, corporate banking and capital markets.

INTERVIEWS

Blackstone grows its RE business and scale is now a major advantage

21 December 17 | Jonathan Gray

We’re always looking at new opportunities. We’ve purchased over 420m sqft of logistics space around the world since 2010.



STRUCTURES

The most exciting new museums opening in 2018

Since the ‘Bilbao effect’ became common parlance, we’ve experienced a cultural revolution.


BUSINESS

Jumbo Group declares a 12% jump in sales

Parent net sales rose 3.0 pct in the same period, with sales in Greece rising around 2%.


INTERNATIONAL

US Bank Tower office was sold for more than130M

Shorenstein acquired the 25-storey building for its fund, Shorenstein Realty Investors Eleven, a value-add fund formed in 2014.


SUSTAINABLE

PPC inks deal to purchase electricity FYROM's

PPC said this initiative was a significant step towards expanding activities in the regional electricity energy market in the Balkans in the framework of an EU plan.


G.I.S

DATA

Private building activity soars in October

16 January 18 | RE+D magazine

Private building activity grew 9.8% in the number of permits, 21.3%.

WiRED

Natural Disasters

17 February 15 | Γιάννης Δ. Παπαδομαρκάκης

UN’s data suggests that there will be needed $12trillion in funds to finance urban development projects within the next decade.

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