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The first phase of the Hines project in Voula begins in November

The project that "split" the Athenian Riviera will deliver 250 to 350 apartments and houses as well as amenities such as gyms, swimming pools, playgrounds, underground parking and security.

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  News Economy  |  Data  |  Warehousing
Greek industrial production plunges 1,9% in July 2023

The seasonally adjusted Overall Industrial Production Index in July 2023 recorded an increase of 2.2% compared with the corresponding index of June 2023.

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  News Economy  |  Greece  |  Analysis  |  Residential
Greek real estate market's recovery held firm

The Greek residential real estate market had a buoyant start in 2023, with house prices rising by a robust 14.5% y-o-y in Q12023.

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High mortgage rates in the US freeze remortgages and property transactions

Ηomeowners already paying a lower interest rate may be reluctant to move and refinance at a higher rate.

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Soaring rents observed in prime residential markets

Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023.

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Global luxury house prices recover as rate uncertainty eases

Knight Frank reveals the Prime Global Cities Index.

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  News Economy  |  Residential  |  International  |  Data  |  Residential
Mortgage demand from homebuyers to the lowest level in 28 years

Soaring mortgage interest rates are weighing on the demand

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Mortgage rates in the US hit their highest point since 2000

The average rate on the popular 30-year fixed mortgage hit 7.48%.

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Henry Holterman takes over the Corfu Palace

What does current owner, Mr. Fokas, noted in a farewell letter to the media.