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Greece is back on real estate investors' menus

Aug 29, 2019 - PERE

In institutional real estate, Greece has been slowly shifting from a market that gets the thumbs down to one where some managers are doubling down.

In August,

formed a joint venture with the National Bank of Greece to redevelop the Athens Heart Mall in the city's Gazi district into a new outlet mall called Gazi Outlets.

The transaction is the Houston-based real estate firm's third in Greece this year. In March, Hines acquired a super-prime office building in central Athens an...