ARTICLES LABELLED WITH TAG Greece

News Romania's hotel industry posts third-highest EU growth
07
Oct
2025

Romania's hotel industry posts third-highest EU growth

by Property Forum
Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.
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News Pavăl Holding takes over Praktiker Hellas in international push
17
Jul
2025

Pavăl Holding takes over Praktiker Hellas in international push

by Property Forum
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
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News Indotek Group snaps up retail galleries in Greece
07
May
2025

Indotek Group snaps up retail galleries in Greece

by Property Forum
Indotek Group has announced the acquisition of three retail galleries in Greece, as part of a strategic push in Southern Europe.
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News Avison Young expands in Greece as part of SEE push
19
Jun
2024

Avison Young expands in Greece as part of SEE push

by Property Forum
Avison Young has announced a strategic affiliation agreement with Athens-based QRA Real Estate Advisors as part of an expansion push in Southeastern Europe (SEE).
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News Indotek Group acquires 3-star hotel in Athens
20
Jan
2022

Indotek Group acquires 3-star hotel in Athens

by Property Forum
Indotek Group continues its international expansion in Greece, entering the Athens real estate market with the acquisition of a three-star, 124-room hotel. The Oscar Hotel Athens is the Group's first acquisition in Greece, adding more than 6,000 square meters of space to its international real estate portfolio. The company's aim is to ensure that the hotel, which is currently closed, can reopen as soon as possible following a complete renovation, thus enabling it to be put to good use. With this acquisition, Indotek Group further strengthens its international real estate position in Greece and Southeastern Europe.
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News Knight Frank expands to Greece
15
Jun
2021

Knight Frank expands to Greece

by Property Forum
Knight Frank CSEE has announced the expansion of its European network with a new commercial property office in the heart of Athens.
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News Colliers announces end of affiliations in Serbia and Greece
07
May
2021

Colliers announces end of affiliations in Serbia and Greece

by Property Forum
Colliers announced the end of its affiliation with its partner in Serbia (AVT RE DOO) and Greece (AVTB Private Company), effective immediately.
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News Alpha sells Serbian subsidiary
06
Dec
2017

Alpha sells Serbian subsidiary

by Import Sys
Greece's Alpha Astika Akinita has sold its Serbian subsidiary Alpha Real Estate to Mat Real Estate for €8.4 million euro. The transaction was carried out on November 28, Alpha Bank’s subsidiary announced on the Athens Stock Exchange.
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Latest news


New leases

  • International luxury brand Rituals is joining the IULIUS retail network. This autumn, it will open new stores in the mixed-use developments Iulius Town Timișoara and Palas Iași, as well as in Iulius Mall Cluj.
  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.

New appointments

  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.
  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.

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