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REAL ESTATE

ENGLISH EDITION

Greece outpaces Europe on real estate investments

Commercial and residential real estate investments in Greece jumped by more than 120 percent in the first half of the year, the fastest growth rate seen across Europe, according to consultants Savills. The increase is mainly due to buying activity from listed real estate investment companies that spent some 320 million euros, versus 120 million euros in the same period a year earlier, on acquiring offices, hotels, and retail stores.