Mixed picture for commercial properties in Greece during H1

Greece’s commercial properties market showed a mixed picture in the first half of the year.

According to figures released by the Bank of Greece on Wednesday, sale prices of office spaces and store rental rates posted declines, while office rental rates and store sale prices climbed.

High-standard office spaces in particular saw their sale prices drop, by 0.7 percent from the second half of last year, with the biggest decline (1.1 percent) seen in Athens, while store sale rates rose by 0.5 percent from the July-December 2016 period.

Store rental rates dropped 1.5 percent, but office rental rates edged 0.1 percent higher.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: Tilemahos Efthimiadis License: CC-BY-SA

Source: ekathimerini.com

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