The conditions are now in place for the preparation of a Special Plan for the Spatial Development of a Strategic Investment (ΕΣΧΑΣΕ), with the objective of designating the area under the land-use category “Tourism – Recreation.” This development enables the advancement of STANDA’s major investment by Stavros Andreadis in Halkidiki, following the publication of the pertinent ministerial decision in the Government Gazette.

Warehousing spaces have emerged as one of the most dynamic and fastest-growing sectors of the real estate market, with rents continuing their upward trajectory, reaching the highest levels of the past decade. This trend primarily reflects the significant shortage of modern storage facilities in both Attica and Northern Greece.

One of the most significant public assets in the Epirus region, the historic “Xenia Igoumenitsa,” is now entering a trajectory of active development and utilization.

In the coming months, construction works will commence for the redevelopment of the historic FIX complex in western Thessaloniki—an investment of nearly 200 million euros by Dimand, the details of which were presented at a special event held at the “Olympion” venue.

One of Europe’s most dynamic shopping destinations remains Ermou Street in Athens, recording a 7% increase in rents in 2025, and securing the 15th position in the global ranking, according to the latest Main Streets Across the World report by Cushman & Wakefield.

Vacancy rates in Athens and other major Greek cities remain alarmingly high, according to an analysis of ELSTAT data from the 2021 census conducted by ReDataset of the Resolute Cepal Greece group.

By 2027, likely as early as the beginning of the year, the first test flights are expected to take place at the new Heraklion International Airport in Kasteli. The relocation of the airport will free up a total estimated area of approximately 2,573,000 sq.m. at the site of the former “N. Kazantzakis” Airport.

The Ministry of Development is undertaking an immediate legislative initiative to broaden ONEX’s activities at the Elefsina Shipyards, with the participation of the U.S. International Development Finance Corporation (DFC).

The value of household wealth in Greece has recorded a significant increase since 2022, as asset holdings have recovered most of the losses incurred during the past decade at the height of the economic crisis, Alpha Bank notes in its regular report on the Greek economy.

Today (13/11), at the Ministry of Infrastructure and Transport, the contract was signed for the renovation and modernization of critical facilities at the General Anticancer Oncology Hospital of Athens, “Agios Savvas.”

A significant package of changes to property taxation—directly affecting hundreds of thousands of property owners and tenants—is being enacted through the new Law 5246/2025, titled “Tax Reform for Demographic Policy and the Middle Class.”

The European hotel market is showing clear signs of recovery, according to the C&W European Hotels Update – H1 2025 report.

Law 5246/2025, titled “Tax Reform for Demographics and the Middle Class”, has been published, introducing significant changes to property taxation aimed at increasing the housing supply and providing relief to property owners.