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  Economy  |  Residential  |  Greece
The deficit in the Greek residential market estimated at 212.000 units

A Piraeus Bank study unveiled that a shortage of 212,000 homes has led to a cumulative 14% increase in home prices.

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Trade Estates inks deal with Ten Brinke for the first IKEA's International DC

This new center will be responsible for distributing IKEA products in Central and Eastern Mediterranean countries.

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The Greek Ministry of Culture acquires the former "Tsoussoglou" factory in Piraeus

The complex spans over an area of 31,687 sq.m. and features 15 buildings, most of which have been designated as monuments.

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TERNA undertook the construction of "THE GRID" office complex

THE GRID office complex will be built on a plot of land of 16,100 sq.m. at the junction of Heimarra and Amarousiou-Chalandriou streets and will cover a total area of 61,500 sq.m.

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  News Economy  |  Tourism  |  Residential  |  Hotels  |  Greece  |  Analysis  |  Residential  |  Hotels
Airbnb on track for new record highs, with double digit increases expected in 2024

The average Revenue per available rental night (RevPAR) in 2023 was €90, which shows a 9.8% year-on-year increase and an incredible 36.8% increase from 2019.

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MIG acquires office property in the center of Athens

The purchase price amounted to €2.8 million.

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Realterm invests in industrial property located in Italy

The property was constructed in 2023 and has been designed to ensure maximum efficiency in container storage and truck docking.

Project financing secured for the Oinophyta Sanitation Business Park

The Oinophyta Sanitation Business Park is in the early stages of constructing its Liquid Waste Treatment Unit.

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  News Economy  |  Residential  |  Hotels  |  Greece  |  Thessaloniki
More than 50% of properties based in Halkidiki Prefecture is owned by foreigners

The Bulgarians spend the highest amounts, while the Israelis invest in cheaper real estate.