Piraeus Bank Finances Acquisition of Five Hotels on Crete

Piraeus Bank, Greece's largest lender, announced on Thursday it has financed the acquisition of five hotels in resort locations on the island of Crete...

Construction of Hellinikon Resort Casino by Mohegan Gaming Set to Begin

Once the company is given final approval, Mohegan Gaming & Entertainment plans to begin construction immediately on its 8.9-million-euro ($1 billion) integrated resort casino...

Chinese Surge for Greece’s Golden Visa Expected Post-Covid Restrictions

The coronavirus pandemic has caused a significant drop in the number of Golden Visas awarded by Greece to Chinese citizens, says a report released...

Designs for Reconstruction of Iconic Tower of Piraeus Released

The City of Piraeus released proposed designs on Wednesday for the reconstruction of its iconic tower building which has been left nearly tenantless and empty for...

Greece’s Highest Court Confirms Mohegan as Sole Bidder for Athens Casino

Greece’s highest administrative court, the Council of State, on Thursday rejected an appeal by Hard Rock International against its exclusion from the bidding process...

Demand for Greek Real Estate from Chinese Investors Peaks Despite Coronavirus

Chinese investors' demand for Greek real estate continues to be strong and has actually peaked during the coronavirus crisis, as Greece is considered to be...

Plans for Second Phase of Athens Riviera Reconstruction Project Presented

The first phase of the ambitious reconstruction of Faliro Bay is almost completed and the plans for Phase B have been presented, with the...

Real Estate Prices in Greek Cities Soar in 2019

The real estate market in Greece's largest cities recorded an impressive increase in the price of sales and rentals in 2019, according to the...

Greece Awards Hellinikon Project Casino License to Mohegan

The Hellenic Gaming Commission awarded the casino operating license at Hellinikon, south of Athens, to the consortium Mohegan Gaming Advisors - GEK Terna SA on...

Piraeus Bank Raises More Than Three Million Euros From Property Sales Via E-Bidding

Piraeus Bank, Greece largest lender, announced on Friday that it has completed its eighth round of e-bidding in November, approving the sale of 30...

Chinese Investors Rush to Greece for Golden Visa

The Chinese are setting records for the number of so-called "Golden Visas," or investment visas, they are obtaining in Greece, according to statistics released...

American Gaming Giants Battle for Athens Casino Rights

American gaming giants Mohegan and Hard Rock International will battle for the rights to build a casino on the site of the former Athens...

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