Published at: 2017-07-19 12:22 | Author: Nikos Roussanoglou
There‘s not enough confidence in the Greek economy to spur on office development, but investors are hot for secondary product
Things are starting to pick up in the Athens office market as investors pursue deals, with a particular focus on class B office schemes where there’s considerable value to be added. Prime office stock in Athens is estimated to be at around 10-15 percent of the total supply, while class B offices make up a far more hefty 40-45 percent of the total. With demand currently focused almost entirely on class A offices, local REITs are actively seeking deals in this secondtier office segment. Now that G...

Similar Stories:

DPD CZ is the new tenant in the Nad Petruskou Administrative Villa
Svoboda & Williams has mediated the lease of 1,143 sq. m. of office space to the Czech  »
Wood & Co. acquires BBC5 in Bratislava from Heitman
Wood & Company has acquired the BBC5 office building on in Bratislava from Heitman Rea  »
Colonna buy former bank headquarters in Riga
Colonna Capital has purchased the former headquarters of the Parex Bank in central Riga. T  »
Futureal Group hands over first phase of Advance Tower in Budapest
The final group of tenants have moved into the first phase of Advance Tower, Futureal Grou  »
The building, expected to be the last at the 125,000 sqm business park, has been 90 percen   »
on behalf of a separate account for a German pension scheme, administered by Institutional   »
Czech Republic  ♦  100 Towers lands Táborská 31
The growing collection of Czech domestic investors that’s become such a force on the loc   »
Romania’s tallest building, the 137m Sky Tower in Bucharest, is to be surpassed next yea   »