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Athens is becoming a prominent office market because there is a more significant profit margin while offering higher returns for investors than other European office markets.

The property was acquired by Ten Brinke Hellas in December 2022, with a total price of €6.5 million.

One New Street Square provides approximately 276,502 sq. ft. of office and ancillary space near Farringdon station

The data points to a whopping 203% year-over-year increase and reflects how many Russians have sought a financial haven in the wake of Moscow’s invasion of Ukraine and the fallout from Western sanctions.

The increase in property values in some areas in the Southern Suburbs exceeds 80%, while the Municipality of Athens reports an increase of up to 95%.