Greek prime office prices rose 3.5 percent in the first half compared to the second half of 2017, the country’s central bank said on Thursday, with the increase more pronounced in the capital Athens, Reuters reports.
The country’s economy is recovering after a multi-year deep recession which shrank it by a quarter, driving a rebound in residential and commercial real estate prices which suffered a heavy hit during the country’s debt crisis.
The Bank of Greece said prices for prime office properties in Athens increased by 4.6 percent in the first half, while office rents countrywide rose by 1.3 percent compared to the second half of 2017.
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