Breaking News

Merck KGaA, Maker of Erbitux Cancer Drug, to Acquire Sigma-Aldrich for $17 Billion
Tweet TWEET

Athens Store Rents Dropped in First Six Months, Kathimerini Says

Retail rents in Greece’s capital fell almost 12 percent in the first half of the year from the previous six-month period, Kathimerini reported, citing Colliers International figures.

In the affluent central neighborhood of Kolonaki and in Kifissia and Glyfada, wealthy suburbs north and south of Athens, rents declined between 7 percent and 20 percent compared with the same period a year earlier, the Athens-based daily said, citing Panos Danos, the head of Danos International Property Consultants & Valuers, which represents BNP Paribas Real Estate (FORRECC) in Greece.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.