Eurobank Property Services
Italy's Cerved Group to buy Greek property services unit from Eurobond
Italian non-performing loan management company Cerved Group said on Thursday it had agreed to buy the property services arm of Greek lender Eurobank for up to 13 million euros ($15 million).
Italian group enters Greek NPLs market
One of the biggest surveying service suppliers and nonperforming loan management companies, Italian group Cerved, is entering the Greek market after obtaining the necessary licenses for managing NPLs from the Bank of Greece and acquiring Eurobank's subsidiary, Eurobank Property Services (EPS).
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Office rental rates record an increase on rise in demand
Rental rates for modern office spaces in Athens remain exceptionally attractive, as according to data collected by various surveys they remain 33 to 42 percent below their peak a decade ago. Combined with the improvement in business sentiment, this explains the increase in demand over the course of 2017.
The woes of Greek real estate agents as investment drops
High-ranking real estate agents on Tuesday expressed their concern on the state of the property sector and lack of interest shown by foreign investors. At an event in Athens ahead of Prodexpo 2015 focused on real estate, National Pangaea CEO Aris Karytinos underlined the need to escpe from what he calls “a perfect storm”.