Spitogatos recently published a comprehensive report analyzing user search activity related to land acquisitions on its platform. The report offers a comparative analysis of search trends for 2024, alongside data from 2023 and 2022, highlighting several surprising and noteworthy developments in the real estate market.

The aftermath of the pandemic has sparked the worst housing affordability crisis in over a decade, according to new IMF research. Rising house prices, higher mortgage rates, and stagnant incomes have significantly worsened affordability, making housing costs more burdensome than during the 2007–2008 financial crisis.

Four new Kallikratian municipalities—the Municipality of Meteora, the Municipality of Pyli, the Municipality of Trikaia, and the Municipality of Farkadonos, all located within the Thessaly region—have been incorporated into the operation of the Land Registry following the completion of the cadastral registration process (Government Gazette_6606_B_3.12.2024).

Passenger traffic at Athens Airport in November 2024 reached 2.15 million, reflecting a 13.3% increase compared to the same month last year.

Residential renovations across most areas of Athens are proving to be a strategic investment, offering significant added value.

Four Seasons, in partnership with Hinitsa Bay Holdings, is pleased to announce plans to enhance and develop a prime beachfront property situated on Hinitsa Beach in Porto Heli. The development will be transformed into a luxury resort complemented by exclusive private residences.

As urban landscapes evolve, the real estate sector faces a pivotal challenge: addressing the growing obsolescence of its assets. The recent JLL report, Opportunity Through Obsolescence, frames this issue not only as a hurdle but also as a critical opportunity to redefine value through sustainability, adaptation, and innovation. With increasing regulatory pressures and shifting tenant demands, the time for bold transformation has arrived.

BlackRock has announced the signing of a definitive agreement to acquire HPS Investment Partners for approximately $12 billion.

A significant project aimed at improving accessibility for people with disabilities in Central Greece was recently approved and signed by Regional Governor Fanis Spanos.

Alternative Income REIT PLC announced that has completed the acquisition of the Champneys Beauty School, part of the Champneys Tring Spa Resort in Wigginton, Tring for £2.5 million (net of acquisition costs to the Company).

Growthfund announced that its Board of Directors has evaluated and accepted the offer submitted as part of the tender process for the 40-year concession of the rights to administer, manage, operate, develop, expand, maintain, and exploit Kalamata International Airport “Captain Vassilis Konstantakopoulos.”

A two-month extension, now set for January 31, 2025, was requested and granted to GEK TERNA, the provisional contractor for the main section of the VOAK (Chania-Heraklion), through a decision by the Ministry of Infrastructure and Transport. This extension is to facilitate the completion of the finalization of the contractual documentation.

EDGNEX Data Centers by DAMAC and PPC Group have announced the launch of Data In Scale (DIS), a joint venture (DAMAC 55% - PPC 45%) focused on developing a state-of-the-art data center in Spata, Greece.

Seven new areas of the Kallikratiko Municipality of Volos have been integrated into the operation of the Land Registry as of Monday, December 2, 2024, following the successful completion of the cadastral registration process. This development is officially recorded in the Government Gazette (6575/Β/2.12.2024).

PREMIA Properties has announced the acquisition of the Village Shopping & More retail center, located in Renti, Attica, for a total consideration of €14.1 million. The transaction was executed through its subsidiary, Renti to Go.