Monthly Archives: October 2019
The organizers of the International commercial real estate exhibition decided to postpone the event to June.
The international commercial real estate exhibition in Cannes, France, MIPIM has been postponed to June 2-5 due to growing concerns about the coronavirus. The event was scheduled to take place from March 10 to 13.
“The well-being of our customers and employees is our priority. Given the changing context, the best course of action is to postpone MIPIM until June, ” said Reed MIDEM Executive Director Paul Zilk. Continue reading
Sales of Greek real estate to foreigners soared by almost 30 % over the year and reached a record level in 2019 — 1.45 billion euros, writes Ekathimerini.
According to the Bank of Greece, in 2019, foreigners purchased real estate in the country for a total of 1.45 billion euros. This is 29.4% higher than the previous year-1.13 billion euros.
Real estate accounted for 35 % of foreign direct investment in the Greek economy, which amounted to 4.2 billion euros, according to Ekathimerini. Continue reading