Published at: 2017-02-27 20:34 | Author: Nikos Roussanoglou
The total volume of deals completed last year rose over 100 percent, but continued growth remains fragile because of political wrangling
Deals worth more than €250m were completed on Greece’s commercial real estate market during 2016. While hardly an enormous figure, it’s more than double the volume of 2015, during which the volume of transaction hit just €100m. After all, 2015 was a disastrous 12 months for the Greek economy, with elections having been held in January and September. Thrown into that mix was a major debt crisis and a referendum, all in a country that sat poised on the brink of leaving the Eurozone. Hardly a surpr...

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