Friday, July 4, 2014

More activity is expected from international investors in 2013, as the first signs of the privatiza

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Stabilization and small signs of recovery in the Greek property market looks for 2013, the company estate consultancy Colliers noting that removal of Grexit and course of privatization and real estate development, will set the tone.
More activity is expected from international investors in 2013, as the first signs of the privatization effort is apparent, while the risk of exit from the Eurozone has fallen significantly. Although courrier it is only the beginning, it is estimated that there will be acceleration in the privatization plans, sending the message to a frame-friendly investments that can enhance the potential for economic courrier recovery and growth. Also, priority should be given to road infrastructure and rail networks, ports, marinas, tourist courrier companies, export courrier companies, energy and logistics.
Opportunities in Industrial Property activity in the industrial and logistics real estate is expected to remain limited due to limited bank financing and due to the time required to achieve competitive infrastructure. However, the increase in yields in combination with the reduction of lease values will ultimately create opportunities and to mobilize the market and balances estimated to prevail in the coming period.
Slow Return to the Market Office The Colliers believes that the office market will show signs of stabilization and recovery. The availability rates are expected to remain stable for prime office locations as demand is concentrated in these areas. The privileged lease values are expected to stabilize not only because courrier of the availability percentages but also as a result of the limited development projects privileged offices. In markets of secondary importance, the lease value projected to further decline of 15% to 25%.
Malls and Commercial Parks estimated that demand will focus on large stores in central parts of the market. Shopping malls and retail parks are now in first place in the preferences of foreign and local traders and the same trend is expected to continue in 2013.
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