Published at: 2017-09-22 17:57 | Author: Nikos Roussanoglou
Retail outlets that sell food to people are seen as a recession proof way to invest in real estate, since people will always have to eat
Hypermarket are proving to be quite the asset class for Real Estate Investment Companies (REICs) in Greece these days. Properties which are leased to the big hypermarket operators are quite popular among local institutional investors, as they are deemed among the “safest” ones to have in an investment portfolio. From the start of 2015 through the end of the first half of 2017, local REICs had poured €186m into the acquisition of such properties -- almost half of their total investments over that...
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