· Wooden is trustworthy to its appointment with Greek corporations.
· It returns from tomorrow Thursday and till Friday with the ninth WOOD’s Greek Retreat.
· The roadshow will happen at Divani Apollon Palace & Thalasso and 30 Greek corporations will take part.
· We’re knowledgeable that the bodily participation of buyers is way increased this 12 months in comparison with final 12 months.
· It’s value noting right here that the roadshow has develop into a mainstay of Wooden’s funding calendar.
· Attracts native and worldwide buyers who’re actually eager about Greek property.
· In spite of everything, its intention is to offer info and deepen relations between main corporations working in Greece and buyers.
Nevertheless, in its newest evaluation, Wooden admitted that the estimate for Greece’s GDP development of two.8% this 12 months faces important dangers
· And the reason being the sluggish restoration of consumption…
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Chamaz’s vitriolic feedback in regards to the competitors
· The final replace as head of OTE was made yesterday by Michalis Chamaz.
· In June he’ll hand over the reins to Kostas Nebi, however he left the mark he tried to depart.
· Emphasis on high quality fairly than worth.
· This was its motto, which was perceived by many because the Group’s “reply” to the cruel criticism it acquired during the last 12 months about how aggressive it’s.
· In actual fact, in an aversion to his speech he implied that the opponents have realized their lesson.
· They’ve develop into smarter, now.
· However, the inventory stays between €14 and €14.50, regardless of Citi reiterating its goal worth to €23.
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How is the sale of the previous DOL headquarters progressing?
· Efforts proceed to discover a purchaser for the previous DOL headquarters in Christou Lada.
· We’re knowledgeable that the negotiations with two potential patrons didn’t progress, though they reached a crucial level.
· The constructing has been renovated with cash from the brand new proprietor, the German firm ehret+klein and has been leased with a long-term contract to PPC.
· Circles following the case level out that the downtown space is consistently rising, as is the demand for contemporary workplace house.
· Due to this fact they estimate that within the subsequent interval there shall be developments on the gross sales entrance.
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The homes at the moment are attracting overseas buyers as properly
· Housing is now handled as an funding product. Nevertheless, the ball of returns isn’t but settled.
· This was said by Konstantinos Pehlivanidis, Chief Property Funding Officer of Premia Properties on the ERED actual property convention.
· As he stated so far, the proprietor who rented out his property expects returns between 3% and 10%.
· On condition that many institutional buyers have additionally entered the residential actual property sport, it’s troublesome to precisely decide the returns.
· In any case, in line with Mr. Pehlivanidis, the returns on residential properties at the moment are enticing in Greece and that’s the reason foreigners are coming.
· In different phrases the sensible cash strikes the place it sees alternative…
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