Real Estate Archives - NPL Confidential

No buyer at sale of N. Metaxas villa in Sounio

4 September 2020 Konstantinos Papagrigoris Comments Off

The electronic auction of the luxury villa belonging to architect N. Metaxas, vice-president of the construction company Sunland, in Sounio…

Two Hatzikraniotis real estate properties go to auction

27 June 2020 Editors Comments Off

It was in 2018 when the flour milling company Tyrnavos-Hatzikraniotis and Sons filed for bankruptcy, another victim of the economic…

Is Aristotle ready to strike again?

15 June 2020 Editors Comments Off

Aristotle Mystakides, the Greek-British billionnaire, is ready to close a deal buying a new property and become a key player in the Greek real estate market.

Deloitte says that did not ask for a discount on rent

12 June 2020 Editors Comments Off

Referring to our story Deloitte has asked Dromeus Capital for a 20% discount on rent, Deloitte sent us the…

From the Jupiter portfolio to going up for sale amidst pandemic

4 June 2020 Editors Comments Off

The boutique hotel in Thessaloniki, which used to operate as “Zaliki Boutique Hotel”, had fallen into the hands of Alpha Bank and then included in the Jupiter portfolio. The hotel is now for sale for 1.8 million euros .

Apartment prices increased by 6.9% y-o-y in the first quarter of 2020

4 June 2020 Editors Comments Off

According to data collected from credit institutions, nominal apartment prices are estimated to have increased, on average, by 6.9% year-on-year…

Resilience in real estate supports NPL deals

1 June 2020 Editors Comments Off

Α 5 percentage point increase in the recovery rate – from 25 percent to 30 percent – leads to a 20 percent increase in NPL price.

Deloitte has asked Dromeus Capital for a 20% discount on rent

22 May 2020 Editors Comments Off

The real estate sector has been under pressure, due to the coronavirus pandemic. Requests to owners to gradually lower rents have increased, for both retail stores and offices, as businesses are getting ready to tackle the consequences of the recession.