Sectors

The increase in property values in some areas in the Southern Suburbs exceeds 80%, while the Municipality of Athens reports an increase of up to 95%.

The acquisitions comprise two multi-tenant light industrial assets and five single-tenant warehouses.

The trend would likely continue during the first half of 2023, but would reverse in the second half according to BNP Paribas Real Estate Germany.

Demand for refinancing dropped 16.3% from two weeks earlier and was down 87% from the same period in 2021.