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Investors return to Greek real estate market

03.09.14 @ 08:55

  1. By EUOBSERVER

In the past 18 months, investors have purchased €1.2bn of Greek properties, primarily from banks and the agency charged with privatising state-owned assets, reports the Wall Street Journal. That compares with €900ml in deals from 2008 to 2012. Property values in Greece are still 30-50% lower than before the crisis.