10 Nov 2026
Greek commercial rents face 4.3% increase under CPI-linked adjustment rules
- RE+D Magazine
Commercial rents in Greece are expected to increase by 4.3% in November 2026 in cases where annual rent adjustments are determined, under the applicable legislation, at 75% of the change in the Consumer Price Index (CPI), according to data published by the Hellenic Statistical Authority (ELSTAT).
According to ELSTAT, the Consumer Price Index increased by 5.7% over the 12-month period from November 2025 to October 2026. Based on this change, the applicable rent adjustment rate for November is calculated at 4.3% of the rent currently being paid.
The adjustment applies only to lease agreements that specifically provide for this method of calculating annual increases and does not constitute a general rent increase across the entire rental market.
More specifically, the calculation is based on applying 75% to the 5.7% annual change in the CPI, resulting in an annual rent adjustment of 4.3% for the relevant categories of leases.
The development comes amid continued inflationary pressures, with movements in the Consumer Price Index affecting, among other things, housing and operating costs for businesses and professionals whose lease agreements include inflation-linked rent adjustment clauses.