Economy
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  Economy  |  Office
IWG unveils significant environmental benefits of hybrid work

84% of businesses that have adopted the hybrid work model have reduced their energy consumption and overall carbon footprint.

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  News Economy  |  Tourism  |  Hotels  |  Data
Average occupancy in Athenian hotels at 68.7% in the first four months

Versus 63.9% in the corresponding period of 2023.

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  News Economy  |  Greece
Material Costs Index in the Construction up 5,6%

The average Index for the twelve-month period from May 2023 to April 2024 recorded an increase of 6.4%.

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  News Economy  |  Office  |  Greece  |  Analysis  |  Office
Office yields in Europe are stabilizing

According to a Danos – An Alliance Member of BNP Paribas Real Estate report, rents in Athens are over €370/sq.m per month for prime locations with yields at 5.75%.

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IWG on a promising financial year for 2024

IWG continues to expand its presence, reaching 15 points by the end of 2024.

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"Reverse mortgage" the new trend in the real estate market

Home equity lending, with a reverse mortgage, is increasingly recognized as an effective solution.

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  News Economy  |  Greece  |  Data
Business turnover up by 1.5% in the first quarter of 2024

The largest decrease is registered by the businesses of the Electricity Supply, Natural Gas, Steam and Air Conditioning sector.

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  News Economy  |  Greece  |  Data
Overall Turnover Index in Industry down 6% in March

The average Overall Turnover Index in Industry for the 12-month period from April 2022 to March 2023 increased by 26.5%.

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  News Institutional Investors  |  Listed  |  REIC  |  Economy  |  Greece
Trastor's strategic plan is now expanding in hotel assets

The REIC is focusing in the Cypriot hotel sector.

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46 electric buses deployed in routes around Athens

Upgrade of the country's urban transportation means in progress.