Navigator Consulting begins due diligence and investment advisory for a 500-room integrated tourism resort in Crete.
Navigator Consulting begins due diligence and investment advisory for an integrated tourism resort located in north-eastern Crete.
TAP is an 878 km pipeline connecting Turkey with Italy, running through Greece and Italy. The overall project is part of the Southern Corridor, bringing natural gas from the Shah Deniz field in the Caspian Sea, through Azerbaijan and Turkey, to Italy.
Grivalia Properties investing € 7 million to transform Kifissias Plaza into Green Plaza using energy efficiency technologies
Grivalia Properties, the leading Greek Real Estate Investment Company, is going forward with the energy upgrade of its existing portfolio of assets, aiming at upgrading the workplace of its tenants and adopting a sustainable, ecological approach to its business activity.
Greece has opened the way for the development of a secondary market for nonperforming loans with the introduction of Law 4354/2015 (the “NPL Law”), which entered into force on 16 December 2015.
Hellas Gold, the subsidiary of Canada-based Eldorado Gold Corporation has announced the suspension of some of its gold mining projects in northern Greece due to government inaction on mining permits.
Amidst many evident problems in Greece there are also positive developments, which should not be overlooked. Gradual changes to the legal framework for insolvencies and recapitalisations of banks open opportunities for companies to restructure their business and for creditors to improve their low expected recovery rate.
Oaktree Capital and Sani Resorts join forces to expand Greek hotel investments: target is to invest € 200 million in 5* resorts by 2020.
The European Investment Bank (EIB) has signed a € 25 million loan agreement for research, development and innovation activities with Pharmathen S.A.