News & Views on real estate and the economy

Prodea Investments eyes 3 bln euro property portfolio

Real estate investment company (REIC) Prodea sees its property portfolio as heading towards the three billion euro mark after growing at ...

Investing 101: Real Estate vs Foreign Exchange in Greece

With Greece currently on a steady track to economic recovery, now is a good time to aim your next investment plans at the Mediterranean c...

Briq rights issue boosts free float, making share more attractive

Real estate investment company (REIC) Briq Properties said that its 50 million euro rights issue will considerably boost the company's fr...

National Bank of Greece sells Cyprus operations

National Bank of Greece (NBG), the country's second biggest lender, has sold its Cyprus subsidiary as part of plans to sell off internati...

Greece gets tough on Airbnb-type platforms

Airbnb-type platforms that refuse to share information about their clients with the Greek tax office on properties listed in the country ...

10,800 new Lamda apartments pose big test for Greek market

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

Athens bourse investors cool on hot property market; Briq plans rights issue

Real estate investment company (REIC) Briq is moving ahead with a 50 million euro share capital hike next month but investors on the Athe...

Work life in Greece at 33 years versus 42 years in Sweden

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

By Christmas, Lamda expects to finish up 650 mln euro rights issue

Lamda Development, the company building Greece's eight billion euro Hellinikon complex, expects to complete a 650 million euro rights iss...

Galaxias supermarkets to spend 40 mln euros on real estate

Galaxias, one of Greece's smaller supermarket chains, is planning to spend 40 million euros on expansion plans by 2021. The company curre...

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