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Astir Palace Resort sold in Jermyn Street Real Estate Fund

Astir Palace Resort sold in Jermyn Street Real Estate Fund

On New Year’s Eve it was signed the agreement for the sale of the hotel complex Astir Palace Resort (Asteras Vouliagmenis) to the company  of Jermyn Street Real Estate Fund IV LP, which had emerged winner of the competition investors. The whole process is about...
Greek coastal shipping looking to foreign markets‏

Greek coastal shipping looking to foreign markets‏

The outlook of Greek coastal shipping sector is heavily dependent on the stabilization of the Greek economy but any unpredictable political developments in anticipation of a difficult winter period could lead to a new exit of vessels from the Aegean Sea towards...
US, UK buyers target homes on Myconos and Santorini

US, UK buyers target homes on Myconos and Santorini

Demand for holiday homes on the country’s two most popular islands, Myconos and Santorini, remains huge thanks almost exclusively to foreign buyers taking advantage of favorable changes to currency exchange rates. “The difference with the rest of the market is so big...
Greece Isn’t a Morality Tale

Greece Isn’t a Morality Tale

One of the more troubling elements of the recent drama over Greece’s debt was the urge by many to see a deficiency of national character, rather than euro-zone economics, as the problem. Right-leaning opinion, not only in Germany but around the world, put the...
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