Valuation

Residence opposite Acropolis listed as Greece’s most expensive property

A residence on Dionysiou Areopagitou Street, directly facing the Acropolis and just steps from the entrance to the Herod Atticus Theater, is being marketed as Greece's most expensive property and one of the priciest globally, both in terms of total value and cost per square meter.

Home prices down 15 percent in real terms in October: Data

The residential property price index (RPPI) rose by 26.8 percent annually in nominal terms in October, but home prices declined by 14.7 percent year-on-year in real terms, data from the Central Bank has shown.

The pace of increase of the index in nominal terms slowed from 27.4 percent in September.

Stefanos Kasselakis: The x-ray of his Asset Declaration – The $4 million portfolio, the real estate & the loans

Late last night and after a stormy meeting of the Political Secretariat of SYRIZA were released the Presidential candidates’ Asset Declarations, with the initial statement of the former President, Stefanos Kasselakis to garner the most interest among the party’s cadres, after what happened about the l

Greece concludes post-crisis bank privatizations with 10% stake sale in National Bank

Greece concluded on Thursday the re-privatization of its lenders with the sale of a 10% stake in National Bank (NBG) amid strong demand from investors, the bank bailout fund said.

The sale raised 690 million euros ($760.93 million), which will be used to help Greece reduce its pile of public debt, the eurozone's biggest as a percentage of economic output.

Lamda Development group achieves record high in 2023 financial results

The Lamda Development group announced a new record high for 2023 on Wednesday.

Its consolidated operating result (EBITDA) for 2023 showed profits of 206 million euros, a 69% increase compared to €122 million in 2022.

The group's total EBITDA before asset valuations and other adjustments amounted to a profit of €132 million in 2023, compared to a loss of €13 million in 2022. 

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