News on real estate & the economy

Real estate investment company (REIC) Prodea sees its property portfolio as heading towards the three billion euro mark after growing at a face pace in the first nine months of the year amidst rising profits.

Properties held by Prodea, Greece's largest REIC, rose to 2.1...

With Greece currently on a steady track to economic recovery, now is a good time to aim your next investment plans at the Mediterranean country. To help you decide which investment best suits you, we’ve listed the pros and cons of investing in real estate and foreign...

Real estate investment company (REIC) Briq Properties said that its 50 million euro rights issue will considerably boost the company's free-float market capitalization, making the share more attractive to investors.

REICs that are listed on the Athens bourse have low f...

National Bank of Greece (NBG), the country's second biggest lender, has sold its Cyprus subsidiary as part of plans to sell off international operations and improve its capital position.

​NBG said that it has signed a definitive agreement with AstroBank Limited for...

Airbnb-type platforms that refuse to share information about their clients with the Greek tax office on properties listed in the country could face fines of up to 100,000 euros, as part of a crackdown by the government on the sector.

A bill tabled in parliament said tha...

Lamda Development will build 10,800 apartments at the Hellinikon complex, in what will be a major test for Greece's recovering residential housing market.

Strong demand from foreign buyers seeking to take advantage of low prices and Greece's Golden Visa program has dri...

Real estate investment company (REIC) Briq is moving ahead with a 50 million euro share capital hike next month but investors on the Athens bourse are cool on the sector, one of the Greek economy's hottest growth markets.

Briq, which belongs to IT group Infoquest, plans...

The working life of Greeks has grown slightly to 33 years but remains well below the EU average and countries such as Sweden, says Eurostat.

The method adopted by Eurostat forecasts the number of work years that a 15-year-old has ahead after entering the workforce in 20...

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