Deloitte has asked Dromeus Capital for a 20% discount on rent

The real estate sector has been under pressure, due to the coronavirus pandemic.  Requests to owners to gradually lower rents have increased, for both retail stores and offices, as businesses are getting ready to tackle the consequences of the recession.


Alpha Bank postpones Galaxy and Cepal Sale

Alpha Bank is going to postopone the  deadline for non-binding bids in project Galaxy  and the Cepal Sale. 
Pimco, Lone Star, Bain, Elliott, Cerberus and Varde will reportedly participate in the process,
Completion of project Galaxy will reduce Alpha’s domestic NPE stock to EUR3.5bn by 2022