Piraeus Bank: Greek real estate to resume strong growth post pandemic

TornosNews.gr 22.03.2021 | 20:51
Α Decrease font Enlarge font
Piraeus Bank: Greek real estate to resume strong growth post pandemicPiraeus Real Estate’s goal was to have the smallest possible inflow of real estate assets that are not easily exploitable by the company

The Greek real estate market will record strong growth rates following the end of the pandemic, George Kormas, head of Real Estate Group of Piraeus Bank and CEO in Piraeus Real Estate said on Monday, according to ANA.

In comments made to an NPL Summit 2021 last week, Kormas said that the strong recovery rates recorded in 2019 and in the first quarter of 2020 in the domestic real estate market were not a periodic phenomenon but a general trend will continue to exist after the end of the pandemic crisis. He underlined the resilience of the real estate market despite the fact that investors remained on the sidelines because of the pandemic. 

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Erud

Tornos

  1. 23/05 18:35

    The Hellenic Aviation Authority is modernizing with a new Data Link Services system

  2. 23/05 16:43

    Prespa Off Road Trip 2025: An experiential journey of culture and nature on the northern borders

  3. 23/05 16:39

    Pieria | P.O.T.A.P. collaboration with tour operator Sunweb

  4. 23/05 15:24

    Athens Hotels | Performance is improving, is there a plan to welcome more tourism to the city?

  5. 23/05 10:51

    Alternative tourism and sustainability at the heart of GNTO action in Bari

  6. 23/05 10:46

    Ierapetra: Alliance of stakeholders for tourism development with a plan and targeting

  7. 23/05 08:59

    Destination Management and Promotion Organization in Folegandros

  8. 23/05 07:54

    What German travelers want from travel agencies

  9. 22/05 20:51

    The Oinoxenia Festival visits Athens at a cultural venue in Kalyvia

  10. 22/05 15:58

    Mytilene at the epicenter of Geosciences | Hosts International Conference of the Geological Society

  11. 22/05 15:08

    “Aeginio, the town of storks”: new tourist brochure for Pieria

  12. 22/05 13:28

    America: Cheap flights in the summer - and to Athens | August is the most economical month

  13. 22/05 11:14

    TUI Magic Life Candia Maris hosted the Nations Cup

  14. 22/05 11:04

    Anna Karamanli in Chios for the presentation of the Local Development Plan

  15. 22/05 08:17

    Free WiFi in Karpathos: A breath of digital connectivity for residents and visitors

  16. 22/05 07:41

    Last-minute bookings: Greece’s battle with Spain, Turkey, and Egypt

  17. 22/05 07:26

    Chania hosts an international conference on hazardous waste management

  18. 22/05 06:33

    Heraklion and Rhodes among the “stars” of European tourism this summer

  19. 21/05 20:17

    Food Art Festival 2025: A celebration of gastronomy and culture in Kalamaria

  20. 21/05 16:25

    Kissamos on the cruise map – Start of procedures for anchorage

  21. 21/05 16:23

    Olga Kefalogianni | The goal: All of Greece is a 12-month destination

  22. 21/05 15:28

    The new WTTC Chairman from September

  23. 21/05 13:33

    Greek Tourism 2025 | + 4.4% receipts, + 5.4% arrivals in the first quarter

  24. 21/05 11:36

    Jet2.com and Jet2holidays | Flights and holidays to Samos in 2026 from three airports

  25. 21/05 08:39

    Crete on Travel Channel

  26. 21/05 07:48

    TUI Austria: Two new hotels and one new flight to Karpathos in the summer of 2025

  27. 21/05 07:45

    Acropolis Rally returns to the center of Athens and advertises Greece to millions of viewers

  28. 21/05 00:25

    Crete | “Regional Intangible Cultural Heritage Index” is being created

  29. 20/05 23:51

    The upgrading of Greek tourism through the resources of the Recovery Fund

  30. 20/05 23:36

    Expedia | 88% of consumers plan to travel next year - the role of social media and influencers

  31. 20/05 18:07

    Collaboration with TUI to promote Thessaloniki and Lemnos

  32. 20/05 15:10

    ELSTAT | Arrivals and overnight stays in accommodations increased in March

  33. 20/05 13:36

    Greek Tourism | National Bank: + 3-5% arrivals in 2025

  34. 20/05 13:15

    Rhodes | 100 Chinese tour operators experienced the charm of the island firsthand

  35. 20/05 12:19

    Tourism promotion of Crete in the Serbian market

  36. 20/05 11:22

    Promotion of Greek sustainable tourism in Sweden

  37. 20/05 07:42

    “Airfare Fever” for Greece in Summer 2025

  38. 20/05 07:30

    The “Psathathlon 2025” is in the final stretch at the magnificent beach of Psatha

  39. 19/05 23:58

    Greek tourism: Which destinations are “winning” flights from UK and Germany this year

  40. 19/05 21:49

    End of the hassle for British travellers

  41. 19/05 19:34

    High attendance at the Alternative Tourism Festival in Chania

  42. 19/05 16:58

    A New Era for Luxury Travel: The Five Big Shifts

  43. 19/05 15:35

    Summer 2025: What to Expect from Cruising in Greece and Around the World

  44. 19/05 12:09

    Kefalonia: New Airport – Krania Road

  45. 19/05 12:03

    CAA: +9.2% traffic at Greek airports in the first four months, +22% at Heraklion in April

  46. 19/05 11:54

    Ryanair: Reduced profits, record passenger traffic

  47. 19/05 11:17

    «MINOAN ROOTS» | Gastronomic tribute of Food & Travel Magazine in Lassithi

  48. 19/05 11:12

    Olga Kefalogianni at the Cannes Film Festival

  49. 19/05 08:36

    “Express Visa” | Strong support for the economies of the Aegean islands by Turkish tourists

  50. 19/05 08:22

    Filming at the “Canal of Love” in Corfu for a British show

  51. 19/05 06:25

    Trends for 2025 | Wellness, gastronomy, outdoor activities

  52. 18/05 08:33

    Ioannina | Welcoming charter tourists on Monday with flavors of Epirus

  53. 18/05 07:50

    Chios | Recommended destination for winter cruises in the Mediterranean

  54. 18/05 07:41

    Skyros Sports Festival in Skyros

  55. 16/05 23:57

    Thessaloniki | New lighting for 11 important monuments on Egnatia Road

  56. 16/05 16:51

    Crete on the world SUP stage – 10 years of Agios Nikolaos on SUP

  57. 16/05 16:41

    Loutraki, the first Culinary Capital of Greece

  58. 16/05 16:30

    Hilton Garden Inn Athens Syggrou Avenue opens with splendor

  59. 16/05 15:01

    The 6th Circular Cities Forum Summit in Ioannina

  60. 16/05 14:02

    Anantara Santorini Abu Dhabi Retreat: The Aroma of the Cyclades with the Arabian Gulf as a backdrop

  61. 16/05 11:04

    SEAJETS | Significant discounts for families and groups

  62. 16/05 10:27

    "Blue Flag" 2025 | Greece consistently 2nd worldwide - Champions the prefecture of Halkidiki and the Region of Crete

  63. 16/05 07:44

    Significant tourism investment in Kea by Inmo Parck Invest

  64. 16/05 07:09

    Cherry Festival in Metaxochori, Larissa

  65. 16/05 06:11

    SkyUp Airlines: New connections to Athens, Thessaloniki, and Heraklion from Moldova

  66. 15/05 17:48

    “The Crete Trip 2025” | Crete welcomed 800 students from 50 countries

  67. 15/05 15:58

    Fascination of Plants Day in Heraklion

  68. 15/05 14:52

    View of Rhodes by the famous Swiss Instagrammer and YouTuber Loris Zimmerli

  69. 15/05 13:57

    FedHATTA: Opening a new tourist "horizon" in Namibia - Meeting with diplomatic representatives

  70. 15/05 13:50

    Mastercard | Travel Trends 2025 - Focus on “Purpose-Driven Journeys”

  71. 15/05 13:05

    Hotel Investment Boom in Europe | Record Luxury Brands and Conversions

  72. 15/05 11:15

    The digital transformation of the Greek National Tourism Organization (GNTO) begins

  73. 15/05 11:10

     Price now determines destination choice – A concern for Spanish hotels

  74. 15/05 10:42

    Air connection between Lemnos and Vienna

  75. 15/05 08:28

    Sitia welcomes the 5th “Cretan Hospitality” Conference

  76. 15/05 08:24

    Diving park at Cape Agios Antonios in Thassos

  77. 15/05 07:35

    Fraport: Which destinations “broke the meters” in April – “Low flights” to Santorini

  78. 15/05 07:35

    Destination Management and Promotion Organization in Nisyros

  79. 15/05 06:38

    Summer of sports in Trikala: Athletics, cycling, and new generations in action

  80. 15/05 06:20

    British Tourism 2025 | All-inclusives boom, last-minute bookings a trend

  81. 15/05 01:23

    United Airlines | Premium Experiences on the New Boeing 787-9

  82. 14/05 15:11

    Olga Kefalogianni at the Panhellenic Offshore Sailing Club

  83. 14/05 13:16

    St. Arnaoutakis: “The new generation highlights Cretan gastronomy”

  84. 14/05 12:34

    Christos Dimas: Progress of construction of the Patras – Pyrgos motorway at 77%

  85. 14/05 12:29

    Promotion of Crete in Naples

  86. 14/05 12:24

    Princess Cruises | 14-day 2026 Mediterranean Solar Eclipse Cruise (and Corfu)

  87. 14/05 11:45

    TUI | Higher hotel prices this summer

  88. 14/05 10:57

    The new Airbnb was introduced | 3 innovations that change the travel hospitality model

  89. 14/05 09:47

    Three-Day Gastronomic Festival in Loutraki-Corinth

  90. 14/05 07:49

    Fourth Book Festival in Chania

  91. 14/05 06:53

    Cycling Race and Mountaineering Meeting in Trikala

  92. 14/05 06:30

    Alltours strengthens its presence in Greece: New hotels, investments and dynamic demand from Germany

  93. 14/05 01:50

    10% more trips from the US to Europe this summer | Allianz Partners

  94. 13/05 19:49

    Hilton | Quality hospitality starts (and ends) with a smile

  95. 13/05 18:59

    Dimitris Ptochos | Peloponnese a destination for all

  96. 13/05 17:15

    Olga Kefalogianni at Athens Chamber of Commerce and Industry

  97. 13/05 17:05

    Municipality of Rhodes: Awards to an Indian philanthropist and a couple of Dutch tourists

  98. 13/05 12:20

    TUI uses third-party flights to boost season extension

  99. 13/05 11:42

    Wyndham - Le Park Concord Agreement | 100 Super 8 Hotels in Saudi Arabia

  100. 13/05 11:38

    Pieria: “Olympus Riviera Ambassadors” Award to German Tourists