Grivalia Properties

Rental rates for modern office spaces have recorded an increase of up to 11 percent over the last 12 months as a result of steady high demand and a lack of new developments: This means that interested investors are forced to seek spaces almost exclusively within the existing and quite saturated stock of commercial properties in terms of quality.

China's response to US trade tariffs caused jitters across the eurozone market, and the Greek bourse was no exception on Monday. The fact that this came after a week of losses aggravated the atmosphere at Athinon Avenue, which is eager for some good news that will help it recover.

Investors at Athinon Avenue made no secret on Wednesday of their displeasure at the handouts announced by Prime Minister Alexis Tsipras late on Tuesday, sending the benchmark of the bourse more than 2 percent lower on increased turnover - the highest in the last five sessions. Bank stocks took a heavy beating, and especially that of Piraeus.

May's first bourse session on Athinon Avenue on Thursday showed a narrow range for the benchmark and low trading volume, but also a notable recovery in the stock of Public Power Corporation (PPC).

The Greek stock market remained split between winners and losers on Wednesday, with blue chips enjoying a day of gains and mid-caps suffering mild losses while turnover remained at a satisfactory level. It appears the market is now awaiting Standard & Poor's verdict on Greece in 15 days' time.

Tuesday's session at the Greek bourse saw bank stocks record gains and mid-caps post losses. The benchmark ended slightly lower, with blue chips registering minimal growth and the majority of stocks ending in the red. Daily turnover was markedly improved on the start of the week.

Transactions worth almost 300 million euros took place on Greece's commercial property market in the first quarter of the year, mainly concerning the acquisition of investment assets such as stores and office buildings.

Bank stocks and a few other blue chips propped up the benchmark at Athinon Avenue on Wednesday as the majority of stocks on the board headed south and trading volume sank.

Stocks at the Greek bourse had a mixed day on Wednesday, with investors awaiting developments on the framework for the protection of defaulters' primary residences. Bank stocks weighed on the benchmark, although it still ended up in positive territory.

The prospects of a Greek 10-year bond issue and a new tender for the sale of four coal-fired plants owned by Public Power Corporation saw the Athens bourse benchmark hit a new five-month high on Tuesday. Blue chips rose despite the marginal drop for the banks index and the decline in turnover.