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Greek News
Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills from Greece.
Savills predicts 3.9% capital growth in London’s hotel sector in 2012
08 March 2012
Savills predicts a 3.9% capital growth increase in London’s hotel sector this year with the Olympics boosting operational performance and the Queen’s diamond jubilee bolstering domestic tourist demand.
Savills expands lenders list and also sees increased appetite from mezzanine providers
06 March 2012
According to Savills, there is a general perception that the banks have stopped lending, but this is not correct.
.jpg "Greek office market dropped by 18%-20% compared to Q4 2010")
Greek office market dropped by 18%-20% compared to Q4 2010
08 February 2012
According to Savills, the Greek economic activity has contracted for the third consecutive year and economists are forecasting another year of recession in 2012. Economic sentiment is low and confidence in the service sector has seen in January a historic low record.
(11).jpg "Instability in the investment markets due to ongoing speculations about Greece's bankruptcy")
Instability in the investment markets due to ongoing speculations about Greece's bankruptcy
06 February 2012
The ongoing speculation about Greece´s bankruptcy and its Eurozone membership creates a major uncertainty for the future of the economy and causes great instability in the investment markets. However, the long-awaited agreement with the private debtors (PSI) is expected to remove the fear of sovereign default.
