According to a Danos – An Alliance Member of BNP Paribas Real Estate report, rents in Athens are over €370/sq.m per month for prime locations with yields at 5.75%.
The highest financial bid will be declared successful.
Sienna Investment Managers acted as Investment Manager for Arkea Real Estate Investment Management.
Real estate technology is drastically impacting the development, marketing and management of real estate.
80% of rental agreements in Athens concern high-end buildings, according to CPS.
The property possesses good connectivity to both highways and public transportation.
The industry has seen a drop in commercial real estate values due to higher interest rates and lower occupancy levels.
Opportunities for the development of high-quality buildings and for the renovation and upgrade of existing residences.
More than 50% the drop in real estate investments in Europe. The situtation in Greece.
The purchase price amounted to €2.8 million.
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ECOΔΟΜΕΙΝ
The Tripoli Courthouse, a two-story structure with a basement, was originally constructed around 1930.
