Lamda Development

ATHEX: Bourse hits highest level in 11 months

The Greek bourse hit the ground running on the first trading day of 2021 on Monday, with prices growing as the session progressed and the closing auctions taking the benchmark above 820 points for the first time in almost 11 months. This time it was mainly energy stocks and other non-bank blue chips that led the index higher.

TEMES Group adds to Elliniko's luxury

The TEMES Group, which belongs to the Konstantakopoulos family, has acquired majority stakes in two companies that are to develop two seafront hotel units and an extensive residential project on the site of the former Athens airport at Elliniko, following an agreement with Elliniko developer Lamda Development announced on Friday.