(Visited 65 times, 1 visits today)
(Visited 65 times, 1 visits today)

Investment activity in Greek shopping malls

Investment activity has recently been recorded in the field of commercial real estate in Greece. New players are emerging, new deals are closing and a strong pipeline is defining the Greek Malls picture.

According to a Pepper Hellas survey of shopping malls in 2019, Greece has the lowest proportion of the average GLA lease area per 1,000 inhabitants , per square meter, compared to the rest of Europe.

In Greece, there are a total of 13 typical shopping centers, five discount centers, four retail parks, and four theme centers. Similarly, in Europe, there are shopping malls with a total area of ​​over 200 million square meters, 80% of which are typical malls. Also, 1/3 of the total stock is located in Western Europe, while the UK and France have a total of 53 million sq. m. gross surface for rent.

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