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  Economy  |  Greece  |  Data  |  Analysis
Eurostat: Greece missed the trend of rising real estate prices

House prices and rents increased in Q2 2023 in the EU.

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  News Economy  |  Greece  |  Analysis  |  Retail
Greek retail turnover in July up 12.3%

According to ELSTAT, for the enterprises in retail trade divisions the turnover in July 2023 amounted to 3.94 billion euro.

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25% of Athens based commercial properties are lacking tenant

What was shown by the large survey carried out this year, for the second year, by the Athens Chamber of Commerce and the Athens University of Economics

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  News Economy  |  Analysis
2022 has been a record year for the Greek RE market

According to KPMG, the total assets held by Greek REICs have grown significantly over the last 5 years, with the appraised value of real estate assets and revenues more than doubling over this period.

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  News Economy  |  Tourism  |  Hotels  |  Greece  |  Analysis  |  Hotels
Turnover of enterprises in Accommodation Activities recorded a 6.3% increase

Enterprises in Food and Beverage Service Activities turnover in July 2023 amounted to €1,957,019,771.

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  News Economy  |  Europe  |  Analysis
UBS: Global cities property prices and valuations have fallen and further corrections are imminent

On average of all cities, within the past year, inflation-adjusted home prices have seen the sharpest drop since the global financial crisis in 2008 according to the UBS Global Real Estate Bubble Index.

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  News Economy  |  Tourism  |  Greece  |  Data  |  Analysis
Increased travel receipts in the seven months period to July

Exports declined by 14.4% at current prices (‑5.4% at constant prices) and imports fell by 14.8% at current prices.