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Southern Europe recorded the largest annual decrease in total investment volume in Q2 2023

According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.

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June home sales drop to the slowest pace in 14 years in the USA

Compared with June of last year, sales were 18.9% lower. That is the slowest sales pace for June since 2009.

Aristotle University's property is being converted into a boutique hotel

It is a two-story building with a shop on the ground floor

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Rents in prime residential areas increased in the first half of 2023

In which areas have increased the most according to a report by Savills.

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Strong investment interest from firms in the hotel sector for the Bodosakis Mansion

The historic property with a total area of 12,819 m2, which used to house Eurobank's headquarters in recent years, remains vacant.

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  News Deals  |  Economy  |  Infrastructure  |  Greece
Techniki Olympiaki finalises deal with Intrum

The proposed price will amounts to €19,800,000.

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  News Economy  |  Greece  |  Data
Turnover for enterprises in F&B Services up 7.6% in May 2023

In total, for the enterprises in Accommodation and Food and Beverage Service Activities the turnover in May 2023 amounted to 882,308,247 euro.

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  News Economy  |  Greece  |  Data
 Overall Turnover Index in Industry down 13.7% in May

The Overall Turnover Index in Industry in May 2023, compared with April 2023, recorded an increase of 5.2%.

Two big investors set foot in the so called "Athenian Riviera" beachfront

Municipality of Vari, Voula, Vouliagmeni in southern Attika had put up in auction 2 extended areas in Voula's beachfront.