Leasing

Ministry rules out ‘rent in gold’ speculation after report

The Treasury and Finance Ministry has declared that landlords cannot set rent payments in gold, putting an end to the ongoing debate that arose after a landlord attempted to follow the same move.

Local media recently reported that a landlord stipulated a monthly rent of 7 grams of gold, an annual rent of 84 grams and a security deposit of $500 for his property in the capital Ankara.

Keranis plant finally to get more tenants

The Greek state has taken the best part of two decades to make better use of one of its most important real estate assets, having included it in a portfolio of 28 properties for sale in a 2014 tender. This year the former Keranis cigarette factory in Piraeus will finally get some more tenants after a long period of failed efforts.

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