How Will RAK shape the future of business in the UAE? Key takeaways from RAKIS 2025

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21.11.2025

The Ras Al Khaimah Investment and Business Summit (RAKIS) 2025 successfully concluded at the Al Hamra International Exhibition & Conference Centre after two high-impact days of dialogue, collaboration, and dealmaking.

Ermou street climbs toward the top of global retail hotspots

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20.11.2025

One of Europe’s most dynamic shopping destinations remains Ermou Street in Athens, recording a 7% increase in rents in 2025, and securing the 15th position in the global ranking, according to the latest Main Streets Across the World report by Cushman & Wakefield.

Athens housing vacancy reaches levels comparable to entire city of Patras

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20.11.2025

Vacancy rates in Athens and other major Greek cities remain alarmingly high, according to an analysis of ELSTAT data from the 2021 census conducted by ReDataset of the Resolute Cepal Greece group.

Flights from Kasteli in 2027 spark massive real estate opportunity

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19.11.2025

By 2027, likely as early as the beginning of the year, the first test flights are expected to take place at the new Heraklion International Airport in Kasteli. The relocation of the airport will free up a total estimated area of approximately 2,573,000 sq.m. at the site of the former “N. Kazantzakis” Airport.

Elefsina shipyards set to become a major transit center

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19.11.2025

The Ministry of Development is undertaking an immediate legislative initiative to broaden ONEX’s activities at the Elefsina Shipyards, with the participation of the U.S. International Development Finance Corporation (DFC).

Real Estate: The wealth stronghold of Greek households

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19.11.2025

The value of household wealth in Greece has recorded a significant increase since 2022, as asset holdings have recovered most of the losses incurred during the past decade at the height of the economic crisis, Alpha Bank notes in its regular report on the Greek economy.

Renovation contract for “Agios Savvas” hospital officially signed

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14.11.2025

Today (13/11), at the Ministry of Infrastructure and Transport, the contract was signed for the renovation and modernization of critical facilities at the General Anticancer Oncology Hospital of Athens, “Agios Savvas.”

Property tax reform legislation enters into force

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14.11.2025

A significant package of changes to property taxation—directly affecting hundreds of thousands of property owners and tenants—is being enacted through the new Law 5246/2025, titled “Tax Reform for Demographic Policy and the Middle Class.”

Hotel Investments: Greece among the 10 most “active” markets

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14.11.2025

The European hotel market is showing clear signs of recovery, according to the C&W European Hotels Update – H1 2025 report.

Property tax relief and three-year rental income exemption

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13.11.2025

Law 5246/2025, titled “Tax Reform for Demographics and the Middle Class”, has been published, introducing significant changes to property taxation aimed at increasing the housing supply and providing relief to property owners.

Golden Visa: key details to maintain the €250,000 minimum investment

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13.11.2025

The Joint Ministerial Decision has been published in the Government Gazette, establishing the procedures and required documentation for interested parties to benefit from inclusion in the Golden Visa program under the special provisions of Article 100 of Law 5038/2023 and Article 64 of Law 5100/2024. These provisions relate to changes of use to residential properties, as well as the conditions for including listed buildings in the program.

Historic €1.7B investment to transform living conditions in the Greek Armed Forces

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13.11.2025

Minister of National Defence Nikos Dendias unveiled one of the most forward-looking social policy initiatives of recent years, aimed at profoundly enhancing the living standards of the men and women serving in the Armed Forces.

Η Leonardo Hotels & Resorts Mediterranean ενισχύει τους δεσμούς Ελλάδας και Κύπρου

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13.11.2025

Με σταθερό προσανατολισμό στην ενίσχυση του εθνικού τουριστικού προϊόντος Ελλάδας και Κύπρου, η Leonardo Hotels & Resorts Mediterranean έδωσε δυναμικό «παρών» στο 3rd Greece–Cyprus Summit | Strategic Horizons, μέσω της συμμετοχής του CEO του Ομίλου, κ. Roni Aloni, στο πάνελ που ήταν αφιερωμένο στον τουρισμό.

Municipalities hold thousands of unregistered properties

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12.11.2025

Only a handful of municipalities have, to date, proceeded with registering their properties in the E9 tax system, despite the fact that this obligation was established several years ago.

Implementation stage of the local urban plans

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12.11.2025

No Local Urban Plan study has been fully completed and formally approved by Presidential Decree to date.