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The real estate market in Greece has shown significant growth during the last decade mainly due to the reduction of interest rates, the deregulation of rents and the increase of the living standards.
The future prospective reveals further growth at least until the completion of the works for the Olympic games and the other national & regional infrastructural projects such as highways, arterial roads, the Athens peripheral railway, etc. These developments will influence the construction activity, where opportunities for residence, commercial and office real estate projects will arise. Besides, the new institutional framework on the establishment of real estate investment companies marks the beginning of a new approach concerning this investment alternative, which will lead Greece to the path of real estate mature markets.
Deloitte in Greece offers a variety of services, in coordination with the Real Estate Financial Services group of experts of DTT, such as: Investment Strategy and Analysis, Business Strategy and Operations, Valuation and Research, Information Technology, Audit and Tax Services
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| 2006 Real Estate Capital Markets Industry Fall Update |
Rumor has it the residential (home) real estate market is on a downward trend, but don't confuse that with the commercial side—the two are radically different.
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This new study argues that commercial real estate is likely to continue to be a solid investment for the second half of 2006 and into 2007. It seems the only thing commercial and residential real estate have in common right now is the fact they both end in "real estate."
Download the full report.
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