Greece
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Noval's portfolio fair value soars above €600 million

The Net asset value (NAV) as of June 30 2024 reached EUR 494 million, while as of 31 December 2023 amounted to EUR 427 million.

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Blend Development acquired two properties in Athens

They will operate as hotels, enhancing the tourism hospitality infrastructure.

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Motor Oil reports on the fire in Ag. Theodoroi

The Refinery of the Company continues its operations presently at lower capacity level.

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  News Deals  |  Infrastructure  |  Crete
The Grimaldi Euromed S.p.A. - Minoan Lines consortium acquires 67% stake in Heraklion Port

HRADF maintains 33% of the Organization's share capital.

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Hellenic Properties' new residential building in Kifissia wins double distinction

Ploumis-Sotiropoulos is exclusively responsible to dispose the residences.

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George Prokopiou' representing entity inks deal with Lamda

The total transaction consideration amounts to approximately €120m, while the total investment budget of the development is expected to reach €500m.

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  News Economy  |  Laws  |  Greece
Greek government imposes new resillience fees in tourism industry

Special fee imposed per passenger disembarking from cruise ships in Greek ports

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  News Economy  |  Residential  |  Laws  |  Greece
Greek government is considering to temporary freeze of real estate property objective values

Increased demand for housing is fueling the upward trend in prices according to the data of the Bank of Greece.