New Market Research Report: Greece Real Estate Report Q1 2014
The depression in the Greek commercial real estate sector appears to be finally bottoming out with the market expected to undergo a certain degree of stabilization in H213 and into 2014. A marginally improved macroeconomic outlook, coupled with an upturn in investor activity are the main reasons to be optimistic going into 2014, though we caution that the sector remains plagued by weak demand and falling prices, both of which are several years away from returning to pre-downturn levels.
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