Property

More than 200,000 enterprises will pay just 20% of their pre-crisis rent in January and February 2021. According to what Prime Minister Kyriakos Mitsotakis told Parliament on Tuesday, the measure will concern enterprises forced to stay shut during the festive season.

As of Monday, the Hellenic Land Registry website www.ktimanet.gr is to start posting cadastral data for the Municipality of Athens. Authorities are calling on more than half a million citizens who have declared ownership of properties within the municipality to check the accuracy of the data recorded ahead of its finalization.

Property owners have serious concerns about the level of the compensation they will get for their revenues lost to the 40% rent cuts instructed by the government in favor of the companies and employees hurt by the pandemic. They also want to know how, precisely, they will be compensated.

Shopping centers, department stores and retail parks opened on Monday for the first time since March 14, when they had been ordered to close by the government.
Their reopening came two weeks earlier than originally planned, but with strict rules such as the compulsory use of face masks not only by staff but also shoppers.

The government must do everything in its power to help prop up businesses that have been harmed by the coronavirus lockdown measures. However, it cannot continue to intervene to such an extent forever, altering the terms of contracts and agreements, as it did over the issue of rents.

Shopping mall investors have called on the government to shut down the malls temporarily as part of measures to curb the spread of the coronavirus.

Turkey has leaped forward in the field of industrial property seeing a year-on-year rise in trademark, patent, utility model and design applications, the industry and technology minister said on Jan. 22.

Greece appears to be taking two steps back for every step forward it makes in combating bureaucracy, as it has slid further on the World Bank's global Doing Business chart.

The Turkish Patent and Trademark Office (TurkPatent) received 92,387 trademark applications -- 80,938 of them domestic -- during the first three quarters of the current year, official figures showed on Oct. 22.

A 35-year-old woman in Thessaloniki has been accused of defrauding prospective tenants by renting them an apartment in the city center that she did not own.
More specifically, the suspect put the apartment up for rent on residential rental websites. According to reports, she conned a total of four people, who gave her down payments for the apartment between September 23 and 29.