Real Estate Development is an investment choice for our practice.
The current situation and the decrease of the land prices will lead to investment opportunities in the medium-long run and we follow closely the market in order to exploit new land development projects.
We are interested in buying parcels of land in the broad area of Thessaloniki and Chalkidiki or engage to a Joint Venture with landlords to develop new projects in the near future.
Property market in any country is always described by cyclical movement and we strongly believe that the Greek market is approaching the bottom end of the cycle, so significant returns can be achieved as soon as the Greek fiscal issues are stabilised and market confidence returns.
Therefore we are keen to discuss potential development opportunities with landlors, contractors and investors who have a long term scope and believe like us in the future of the Greek real estate market.