Ioannis Charalampopoulos, Senior Associate, took center stage as the moderator for a captivating panel discussion at the Capital Link Forum held on Monday, December 11th, 2023, at the Metropolitan Club in New York. The focus of this year’s Capital Link Forum was “Accelerating Investments for Sustainable Growth,” and Ioannis delved into the thriving landscape of Greek real estate during a session titled “Real Estate: Investment Opportunities.”
According to Ioannis, the Greek real estate market has undergone a remarkable transformation in recent years, positioning itself as a vibrant hub for both domestic and international investors. This resurgence is attributed to Greece’s economic recovery and favorable government policies that have facilitated increased capital inflows. The synergy of tourism, retail, logistics, residential development, and renewables underscores the diverse range of investment opportunities across various industries, showcasing the market’s resilience against economic challenges such as inflation and rising building material costs.
Machas & Partners, with its finger on the pulse of the Greek real estate market, asserts that the sector stands on solid ground. A confluence of factors, including economic stability, strategic location, lifestyle appeal, government initiatives, and the growing institutionalization of investments, collectively reinforces its success.
“In that context, we are very proud to represent Intercontinental International in its anticipated market-making merger into BriQ Properties which is sure to pave the way for similar transactions in the market,” stated Ioannis. “That being said, we are also very confident of its prospects and eager to witness its further growth and transformation. The Greek real estate market is poised for a dynamic evolution, driven by the major infrastructure and development projects underway, the elite residential market appealing to affluent buyers seeking luxury properties in exclusive settings, as well as the vertical alignment of real estate development with environmental sustainability and technology integration.”
Concluding his address, Ioannis emphasized the pivotal role that Real Estate Investment Companies (REICs) and other investment vehicles can play in unlocking the full potential of the Greek real estate market. These entities offer a structured and secure pathway for both domestic and international investors, combining professional management, portfolio diversification, market accessibility, and leverage. This approach, not available to individual portfolios, is complemented by liquidity and a regulatory framework ensuring transparency. Investors can also benefit from incentive schemes, making Greek real estate an attractive and lucrative investment destination.
In this environment of growth and transformation, the Greek real estate market beckons investors with a promise of substantial returns and sustainable, strategic opportunities. The stage is set for a new era of prosperity and innovation in Greek real estate investment.
-> You can screen Ioannis Charalampopoulos’ interview at the Capital Link Forum here
