Published at: 2017-03-17 11:55 | Author: Nikos Roussanoglou
Greek banks are under pressure to offload NPLs and the assets that back them. Clever property companies are happy to help
Despite the challenging economic environment, Greek real estate investment companies (REICs) are revving up their engines. Or perhaps, it’s precisely because of uncertainty over how much longer the country will remain in its economic quagmire that many have begun making new acquisitions and scouring the country for bargains. Their mantra now is to buy before prices begin to recover. The country may still be tangled up in endless discussions with its lenders over the second bailout review, but th...

Similar Stories:

Belgrade works with Chinese on new parking garages
Belgrade has signed a concession agreement for the construction and operation of four new  »
Construction begins on first section of 5C motorway
Work on the first section of the new 5C motorway in Bosnia is underway. The first phase of  »
Smartwings in financial peril over Boeing 737 MAX grounding
The Czech Republic's biggest airline, Smartwings, has been thrown into turmoil follow  »
Médecins Sans Frontières works with JLL in Prague 8 move
The Czech branch of Médecins Sans Frontières has moved into a 660 sqm office space near  »
Czech Republic  ♦  Bryan Wilson : On Management
What’s guided your theory of management? I’d start by saying that in no way do I cons   »
The Czech investment group Redside has completed the acquisition of the Trenčin Industria   »
The Prague-based property conference took place in the shadow of the financial crisis that   »
Radom airport has been the butt end of jokes for years. Czech Airlines and Air Baltic both   »