Key property segments that are to dominate the Greek RE market
Key property segments that are to dominate the Greek RE market
  Investments  |  Urban Redevelopment  |  Economy  |  Greece  |  Analysis  |  Sectors

Key property segments that are to dominate the Greek RE market

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RE+D magazine
17.09.2025

The Greek commercial property market on a positive trajectory according to Cerved Real Estate Services recently unveiled report. Demand remains robust across key property segments that dominate the market.

Tourist properties currently top the list of investor interest, accounting for 36% of preferences, and are considered the major “winners” for the next two years. They are followed by retail spaces in central commercial areas (30%), modern energy-efficient office buildings (21%), and logistics/storage facilities (13%).

Regarding buyer motivations, 43% of respondents believe that both investment potential and personal use are equally important factors. Another 38% state that buyers primarily seek investment-oriented properties, while 19% prioritize real estate for personal use.

Office Market: Focus on Athens and Thessaloniki

In the office sector, Athens and Thessaloniki attract the greatest interest. In the capital, preferences are spread across the city center, northern, and southern suburbs. In Thessaloniki, both eastern and western districts are showing strong potential.

Location remains the most decisive factor in determining value (49%), followed by energy efficiency and access to public transport. Office prices are expected to rise, according to 48% of respondents, while only 5% foresee a decrease.

Retail Sector: Consistent Demand in Central Hubs

The retail sector shows a similar trend. More than half of the demand is concentrated in the city centers of Athens and Thessaloniki. Stable activity is also observed in the southern suburbs of Athens and major shopping centers. Prices in this segment appear balanced, with a mix of upward and stabilizing trends.

Logistics & Storage: Western Regions Take the Lead

For logistics and storage properties, western Attica and western Thessaloniki are in the spotlight, driven by increased demand for logistics services and modern infrastructure. Here too, location is the key determinant (47%), followed by energy efficiency and total surface area. Despite growing demand, prices are generally showing stabilizing trends.

Outlook for the Next 2–3 Years: Tourism Assets Set to Dominate

Looking ahead to the next 2–3 years, the majority of industry experts (45%) predict that tourist properties will continue to attract the highest demand. They are followed by retail spaces in central commercial districts (21%), logistics facilities (19%), and modern office buildings (15%).