Real estate

November 17, the day after

The rector of the National Technical University of Athens (also known as the Polytechnio, or Polytechnic, in Greece), Ioannis Golias, must be overjoyed that the squatters/rioters who had occupied a wing of the historic building departed of their own accord early on Friday and thus saved him from an unpleasant task.

EBITDA of 10.8 bln euros last year for 500 most profitable firms

The 500 most profitable Greek enterprises showed remarkable resilience amid the climate of political uncertainty and serious lack of liquidity in 2015.

According to an ICAP Group analysis based on last year's financial reports, the aforementioned businesses considerably improved their earnings despite the small decline in their sales volume.

Turkey's housing administration exceeds annual targets

The Housing Development Administration of Turkey (TOKİ) has exceeded its target of social housing for this year, its chairman has said.

"Our initial target for social housing to be built this year was 60,000, and we will have provided 64,000 homes by the end of this year," TOKİ Chairman Ergün Turan told state-run Anadolu Agency on Oct. 26 in the northwestern province of Bursa. 

Sofia's Average Price of Real Estate in Construction Higher Than Price of Old Buildings

The average price of real estate property in the construction phase in Sofia is higher than the average price of already constructed old buildings, showed a survey of the construction-investment company BLD for the last quarter, cited by investor.bg

Turkey sealing Syrian border with giant wall

The Housing Development Administration of Turkey (TOKİ) has undertaken the construction of the remaining 700 kilometers of the wall being built on Turkey's border with war-torn Syria, after the construction of the initial 200-kilometer-long concrete wall on the border was completed jointly by the Defense Ministry and neighboring provinces governor's offices. 

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