Property
What has been confiscated from Veljko Belivuk's clan so far? VIDEO
Prva TV investigated what has been seized from Veljko Belivuk's clan so far and what is happening with the property of the mobsters after the seizure?
Supporting Business Leaders in Real-Estate Decisions
For companies in Slovenia, making informed decisions about their office space is a difficult task. Typically, there are no estate managers in Slovenian companies, and the job normally goes to someone ill-equipped with little relevant experience, who struggles to make the right decision.
Exploiting state-owned real estate to spur economic recovery
By Stefanos Vlastos *
It is clear that 2021 will confront us with an exceptionally complex economic reality in which we must collectively create the conditions for a path of recovery and a return to economic growth.
Landlords see delays in compensation
Landlords have suffered during the pandemic from the forced reduction of rents, with the compensation from the state taking longer than expected to reach their bank accounts.
Finance Minister Christos Staikouras stated that landlords would get their compensation for November before midnight on Monday, while the compensation for December's losses would be paid out by February 15.
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Realty taxes and bureaucracy render ownership less attractive
Real estate has evolved into a vital pillar of the state budget, feeding it with revenues of 3 billion euros per year.
In the last few years the number of property-associated taxes has grown, such as that on rents, while the bureaucracy that goes with every transaction and even a new leases has soared, making property ownership increasingly less attractive.
Gov't announces fresh cut to commercial rent
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.
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Athens cadastre goes online on Monday
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.
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Landlords worried over their lost revenues
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.
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Shopping centers reopen after more than two months
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.
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More market distortions
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.
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