Markets
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The Municipality of Vari Voula Vouliagmeni suspends the issuance of building permits

The aim of the municipal authority is to balance the environmental and urban planning balance of the city.

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ICG Real Estate provides £100M development loan to Salboy

Construction of the scheme has commenced with cores for each block now complete and completion still on track for 2026.

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Poseidonos Av. undergounding project is maturing in Elliniko

Excavations have been completed over 75% of the total volume of 400,000 m3 of soil and concreting of walls over 45%.

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Large logistics development next to Heathrow Airport

The much-needed new space will be delivered across two units of 200,000 sq ft and 140,000 sq ft, respectively.

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  News Economy  |  Europe  |  Analysis
Emerging risk for commercial real estate debt refinancing

ECB's Annual Report on supervisory activities 2023 unveiled that a material share of CRE loans are structured as bullet or balloon loans.

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Thessaloniki emerges as an international logistics hub

Projects of various scales under way

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  Projects Office  |  Europe  |  International  |  Data
Hourly labour costs rose by 3.4% in the euro area in the 4q2023

In the EU, in the fourth quarter of 2023 compared with the same quarter of the previous year, the costs of hourly wages & salaries increased by 3.8%