Real estate news & views

in Europe's south

Alpha Bank's search for partner on 575 properties meets solid demand

Alpha Bank’s Skyline project, involving the sale of some 575 properties to a strategic investor, has been met with strong demand, Greek...

Prices may be rising but properties weigh down Greek banks

Greek banks are looking to offload some 25,000 properties left in their possession by borrowers who defaulted on loan payments as they...

Alpha Bank plans massive 12 bln euro bad loan sale

Alpha Bank, Greece's fourth-largest lender, plans a 12 billion euro securitization of bad loans in the first half of next year, in one of...

Alpha Bank sells 1 bln euros of real estate backed bad loans

Greece's fourth largest lender Alpha Bank has agreed to sell one billion euros of bad loans, most of which are backed by real estate, to...

Alpha Bank scrubs up historic cultural buildings

BEFORE Greece's Alpha Bank has undertaken the task of cleaning up and restoring three buildings key to the country's cultural heritage:...

Private equity group KKR gets nod on bad loans in Greece

Greece's main banking authority, Bank of Greece , has issued a licence to US private equity group KKR to do business in the country. This...

Divestment of Greek real estate - Alpha Bank report (in Greek)

Foreign nationals invested 250 million euros to acquire residential property in Greece last year, versus 186 million euros in the...

Foreign investments in Greek homes up by a third in 2016

Investments in Greek homes from foreign nationals in 2016 jumped by a third, according to Alpha Bank. In a weekly report, the bank said...

Alpha Bank looks into new real estate arm, catch up with peers

Greece’s third largest lender, Alpha Bank, is looking into setting up a real estate investment company (REIC) and is looking for a...

Housing prices to keep dropping but at a slower pace

Drops in the prices of residential homes are expected to continue in the last three months of the year but at a slower pace, according to...