REICs are lining up for listing

The inflow of real estate investment companies (REIC) into the stock market will continue in 2024.

After the stock listing first of Trade Estates REIC, of the Fourlis group, and recently of Orilina Properties REIC, three more companies are in line. They are Noval Property REIC, of the Viohalco group, Intracom Properties and Lamda Malls, of the Lamda Development group.

Intrakat’s acquisition of Aktor gets watchdog’s nod

Intrakat announced on Wednesday that the acquisition of all the shares of Aktor has been approved by the Competition Commission, thus putting the Intrakat Group's vision of creating a strong pillar in construction in Southeast Europe on track for immediate completion, which will generate value for the economy and the country.

Intrakat signs agreement with Ecomar Storage

Intrakat announced on Friday that it has signed an agreement with Ecomar Storage Solutions FZE, an affiliate company of Ecomar Energy Solutions located in Fujairah, United Arab Emirates, for the implementation of the Ecomar Phase 3 Terminal Project. 

The company operates in the sectors of processing and trading in oil and natural gas, as well as sustainable safe refining. 

Ellaktor reveals talks with pair of companies over possible sale of construction subsidiary Aktor

The Ellaktor infrastructure group, one of the largest in Greece and southeast Europe, on Monday confirmed an report and announced that exclusive negotiations are underway with a pair of local companies for the sale of its subsidiary, major construction contractor Aktor.

The companies identified are Wade Adams Hellas SMSA and Adamas Group Ltd.