Markets

Faced with dwindling liquidity and a wave of demands from investors, Sternlicht’s investment vehicle blocks the doors.

The average Index for the twelve-month period from May 2023 to April 2024 recorded an increase of 6.4%.

Upon completion, in addition to permanent and temporary exhibition spaces, it will offer a ground floor multi-purpose space, retail, restaurant, cafe and event and training spaces.

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%.