Street retail in Athens: focus on the center and prosperous suburbs

Since 2010, the Greek government has taken many measures to reduce public debt and budget deficits. They have already brought the first results: according to the IMF estimates, GDP growth in 2017 was 1.8%, and in 2018 it will increase to 2.6%. This is the right moment to invest in Greek real estate: the country’s economy is gradually recovering, and the real estate market has reached the bottom and will soon start to grow.

Against this background, the retail real estate sector comes to life: new players are entering the Greek retail market. In order to minimize risks, investors prefer to choose high-quality objects in the premium locations of Athens. Continue reading →