Belvilla enters U.S. as Prism acquires former Sonder Properties
Of the properties acquired by Prism—an investment vehicle affiliated with the Group—three have already commenced operations: The Dutch and Court Square in Long Island City, New York, and The Louie Hot ...
Structural shifts reshape the housing market in Thessaloniki
The data published by ReDataset of the Resolute Cepal Greece Group, derived from publicly listed residential property sale advertisements (apartments and detached houses) ranging from 20 to 300 sq.m., ...
Greece achieves €3.511B primary surplus at start of 2026
Final figures from the Ministry of National Economy and Finance indicate a significant shortfall in tax revenues for January 2026, reflecting the execution of the state budget.Specifically, net ta ...
Strategic transformation in the luxury hospitality market
The global luxury travel market was valued at approximately €2.05 trillion in 2024 and is projected to reach roughly €3.72–4.46 trillion by the middle of the next decade—reflecting sustained growth in ...
The shift from traditional offices to coworking
However, the high setup costs and long-term leases associated with traditional office models are increasingly prompting companies to seek more flexible solutions.In Athens, according to data from ...
Factors behind the stagnation of the USA housing market
The Pending Home Sales Index—which reflects purchase contracts and serves as a leading indicator of finalized transactions—recorded a decline of 0.8% compared with December and 0.4% on an annual basis ...
Global tourism expansion: international travel overtakes domestic markets
Global overnight stays are projected to increase from 27.4 billion in 2023 to 38.7 billion by 2030, with the growth of the travel market increasingly driven by individuals crossing borders rather than ...
Industrial turnover rises in December 2025
Specifically, the General Industrial Turnover Index (covering both domestic and foreign markets) rose by 5.6% in December 2025 compared to the same month in 2024, following a 4.6% increase in the corr ...
Bank of Greece: tourism revenues surge by €2B in 2025
Specifically, revenues from inbound tourism reached €23.62 billion in 2025, compared to €21.59 billion in 2024, marking an increase of approximately €2 billion. On an annual basis, non-resident touris ...
Global Markets: key changes in the US, Europe, and China in 2026
However, as noted by Piraeus Bank in its February 2026 analysis of International Macro-Economic Trends, the global environment remains fragile, with forecasts for the world economy accompanied by a he ...
High momentum in Greece’s office market in Q4 2025
According to a recent analysis by Cushman & Wakefield Proprius, this increase supported annual activity, with total office take-up in 2025 reaching 170,000 m², nearly on par with 2024.The stro ...
ReDataset: spatial disparities in the implementation of the ‘Exoikonomo’ Program
According to ReDataset, based on available real estate market data and census information, Patras records the highest number of approved residences at the national level. However, in terms of particip ...
Social housing in Thessaloniki: a model for vulnerable Households
The project is being implemented under the Recovery Fund program “Social Housing for the Most Vulnerable Groups,” which repurposes inactive housing stock and makes it immediately available for occupan ...
Greek retail turnover hits €74.85B in 2025
According to data from ELSTAT, excluding the sectors of vehicles, food, and fuel, retail turnover in 2025 amounted to €27.33 billion, also marking a 2.0% increase compared to 2024 (€26.79 billion)....
Age-related decline in home sale prices for older sellers
According to a research brief published by the Center for Retirement Research at Boston College, after the age of 70, a “senior discount” begins to emerge in home sale prices.Specifically, an 80-y ...