Real estate

Investments in Greek commercial real estate, i.e. hotels, shops, offices and warehouses, posted a new record last year, as recent data from a real estate consultancy firm show that Greek and foreign funds invested in this property category 40% more in 2022 than in 2021, reaching 1.65 billion euros.

Red loan management companies are looking for ways to break out of the impasse in the execution of foreclosure auctions, after the government's refusal to resolve the issue by interpreting the existing law.

The bill is in the pipeline and is expected to be tabled in Parliament in September. Under the new bill, the government plans to give legal title deeds to about 90,000 State properties that have been encroached upon by private individuals in recent decades.

Within the framework of a regulation that Turkey's Environment, Urbanization and Climate Change Ministry, the Justice Ministry and the Treasury and Finance Ministry are working on to solve soaring rent prices, the production of social housing will be increased, housing costs will be reduced and new steps will be taken to enable citizens to purchase houses affordably.

The finding that the Greek market and especially Athens continues to be a field of investment opportunities in real estate, as a thirst for modern buildings for all uses, is expressed by Erikos Arones, CEO of Hellenic Properties, a real estate investment company, which is in discussions with strategic investors and aims to take advantage of value added opportunities in the field of real estate

In the 50 largest U.S. metro areas, median rent rose an astounding 19.3 percent from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms.

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.

"The epidemic process has its own rules, theres an incubation phase, a period that must pass in order to review the effect of measures implemented. The number of days is approximately seven to ten," he said.

Major non-food chains warn they do not rule out "staging protests and various forms of civil disobedience" if they are not allowed to open - without an "artificial distinction based on stores' overall shopping area."

Yesterday, just a few hours after the authorities allowed the independent sites in the shopping centers with direct access, to be able to continue their activities, this measure were revoked.

 By order of Prime Minister Boyko Borissov, the Minister of Economy revoked the Instructions for large retail sites issued earlier yesterday, the Ministry of Economy announced.