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Fraport Outlines Master Plans for Mykonos, Corfu Airports

Airport operator Fraport Greece unveiled ambitious plans for the makeover of the airports of Mykonos and Corfu during special events held on both islands.

A Forest the Latest Hurdle for Greece’s Hellenikon Project

A section of the Hellinikon property, where Lamda Development and Global Investment Group plan to erect a full-service resort, has been declared a forest area.

Greek PM in China to Bolster Ties, Foster Business Relationships

As part of efforts to strengthen cooperation with China, Greek PM arrived in Beijing on May 12 to participate in the Belt and Road Forum for International Cooperation.

Greece Set to Receive €2bn in EBRD Funding by 2018

Greece will receive up to 2 billion euros in European Bank for Reconstruction and Development funding by 2018. The financial institution will continue investing until 2020.

Contractors Eyeing Athens Metro Expansion to be Shortlisted by Year-end

The list of contractors vying for the Athens metro expansion project is set to go public by the end of the year, while construction is expected to begin in 2019.

Fosun to Tap into Chinese Travel Interest in Greece with New Vacation Deals

Fosun International is aiming to tap into the estimated 1.5 million Chinese travelers expected to visit Greece, through new vacation packages.

EU Funds to Boost 2,000 Greek Businesses

A total of 420 million euros in funding is intended for some 2,000 Greek SMEs as part of the European Commission’s Investment Plan for Europe.
Posted On 05 May 2017

New Tourism Investment in Messinia by Costa Navarino Team

TEMES SA plans to invest some 250 million euros to expand Costa Navarino with the construction of an additional five-star hotel, furnished villas and an 18-hole golf course.

Mouzenidis Holds Grand Opening for Enigma Mall in Halkidiki

The Mouzenidis Group recently inaugurated the Enigma Mall, a shopping center located in the area of Nea Moudania in Halkidiki, northern Greece.

Greek PM Visit to China Set to Pave Way for Investments

Greek Prime Minister Alexis Tsipras is expected to sign a three-year agreement with Chinese officials to attract investment to Greece, during his visit to Beijing in May.

Consortium Announced ‘Highest Bidder’ for 67% Stake of Thessaloniki Port Authority

A consortium of three companies is on its way to be awarded a 67% stake in the Thessaloniki Port Authority, after making an improved bid of €231.92 million.

Halkidiki Welcomes New 5-star Hotels and More

The northern Greece region of Halkidiki has attracted investors who have placed over 300 million euros in hospitality projects over the last five years.

TAIPED Seeking Financial Advisors for Sale of 30% Stake in Athens Airport

Greek state privatization fund TAIPED is seeking for financial advisors to provide advisory services for the sale of its 30 percent stake in Athens Airport.
Posted On 21 Apr 2017

Greek Islet Fleves Up for Grabs, Two Expressions of Interest

Two investors - an Abu Dhabi-based entity and a Greek group - have expressed interest in the island of Fleves in the Saronic Gulf, off Vouliagmeni Bay.

Crete’s Kastelli Airport Project Moves to Next Stage

An infrastructure consortium made up of GMR Airports Limited and GEK Terna placed a bid at 480 million euros for the construction and operation of the new Kastelli airport on Crete.

Property Experts See Potential in Greek Hotel Sector

A number of important deals were completed last year in the Greek hotel industry, while more international firms are looking into doing business in the country, according to a report.

Urban Renewal Priority for Piraeus, Aiming for Tourism

Piraeus Municipal authorities are proceeding with a 15m euros redevelopment program to transform the port city into a major tourism destination.

PM Tsipras: Fraport’s Investment an Important Moment for Greece

Prime Minister Alexis Tsipras said the investment in the country's 14 regional airports by German airport operator Fraport, is an "important moment for Greece."
Posted On 12 Apr 2017

Fraport Steps in as Manager at 14 Greek Airports

Fraport Greece is taking over the 40-year management of 14 regional airports across Greece and plans to proceed with renovation and construction works.

Caesars Entertainment Considering Athens for Next Project?

Media reports claim that Caesars Entertainment Corporation is interested in building a massive entertainment complex in Hellenikon, south of Athens.