IELKA: Supermarket inflation at 1.14% in May
The survey, which is based on the analysis of actual sales data from major supermarket chains, records an increase in the price index of 1.14% in May 2026 compared with the same month in 2025. On a mo ...
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Battle for prime retail locations as new brands redefine the market
According to data from Cushman & Wakefield Proprius, demand for retail space in the first quarter of 2026 remained strong, driven primarily by the continued expansion of international chains and t ...
G. Stournaras: expensive housing exacerbates the country’s demographic challenge
Speaking at the Conference of the Central Bank of Croatia in Dubrovnik, the Governor of the Bank of Greece, Giannis Stournaras, noted that the housing cost burden on Greek households is among the high ...
IMF: The Greek housing paradox, why affordable housing remains out of reach
The above findings are highlighted in the IMF’s recent report on Greece, which provides an extensive analysis of the country’s affordable housing crisis.In recent years, property prices in Greece ...
The housing initiative as a key challenge for contemporary urban development
Article by Vassilis Vlaseros, CEO of VITAELIn this context, the concept of the Housing Initiative is becoming increasingly significant. The term refers to actions, policies, and development initia ...
28.05.2026 in Other
Sandblu Santorini marks the Greek debut of LXR Hotels & Resorts
Hilton’s partnership with RMKA Private Company on the new luxury resort Sandblu Santorini signifies the debut of LXR Hotels & Resorts in the Greek market. The property is expected to welcome guests ag ...
AKTOR secures PPP project for Ladopoulos Paper Mill redevelopment
The project concerns the creation of a multi-purpose cultural, social, and administrative centre that will mark a major urban regeneration for the southern part of the city and will connect the waterf ...
Short-term rentals heat up ahead of peak tourist season
Despite the overall slowdown recorded in the European Airbnb market in April, forecasts for the summer season remain particularly optimistic, with Greece ranking among the markets that continue to att ...
Financial firms fuel increased demand for office space
Recent data show that corporate leasing expansions have reached their highest level in six years, recording a clear improvement compared with the post-pandemic period. The increase is primarily attrib ...
Greece rising in the global luxury real estate market
This is the central conclusion of Knight Frank’s The Wealth Report 2026, which portrays a market that continues to expand despite global turbulence, with Europe — and destinations such as Corfu alongs ...
Mapping residential floor area trends across Greece
According to a recent analysis published by ReDataSet, the clearest trend of contraction is observed in central Athens. Apartments constructed today are, on average, approximately 10 square meters sma ...
Greece’s closed property stock: just 10% immediately exploitable
This is reflected in data from the international FREI index, which classifies properties based on whether they can be inhabited, leased, sold, or otherwise utilised without institutional, legal, or te ...
Baseline office fit-out costs in Athens at €850 per sqm
According to data from Cushman & Wakefield Echinox, based on the Office Fit-Out Cost Guide 2026, the average total cost of office fit-out reached €1,150 per sq.m., with the highest costs rising to ...
Grivalia Hospitality’s Avant Mar Paros leads environmental initiative on the island of Paros
The initiative is held under the auspices of the Ministry of Maritime Affairs and Insular Policy, the Hellenic Chamber of Shipping, and the Municipality of Paros.Within the framework of HELMEPA’s ...
€1.2B invested in Europe’s serviced apartment sector
The increase in investment activity is primarily attributed to the steady rise in demand for flexible accommodation formats, as this asset class continues to outperform the broader hospitality sector. ...