Greece Real Estate Tenders

Greece's real estate market is booming, with prices soaring by 14.14% in urban areas during the last year. This growth is fueled by strong demand from both local and foreign investors. Athens saw the highest price increase, with apartment prices rising 13% year-on-year. The market is expected to continue growing in the coming years, with a projected annual growth rate of 2.11%.

The Greek government regularly procures a variety of real estate products and services. These include office buildings, warehouses, land, and construction services. The government spent approximately €1.28 billion on real estate procurement in 2022, with foreign investors accounting for 60% of the total.

Main Real Estate Products and Services Procured by Greece Government
Office buildings: The government leases office space in various locations throughout Greece. Recent procurement projects have focused on modern, energy-efficient buildings.
Warehouses: The government leases warehouse space for storage and distribution of goods. Increasing demand for e-commerce is driving up demand for warehouse space.
Land: The government acquires land for a variety of purposes, including infrastructure projects, housing development, and public parks.
Construction services: The government procures construction services for a variety of projects, including the construction of new buildings and the renovation of existing ones.

Top Authorities for Greece Real Estate Procurement
Public Procurement Agency (ΕΦΕΔ): The central government agency responsible for the majority of Greece's public procurement, including real estate.
Hellenic Republic Asset Development Fund (HRADF): Manages and develops state-owned real estate assets, including procurement of services for their maintenance and improvement.
National Cadastre and Mapping Agency (Ktimatologio): Responsible for land registration and mapping, which are crucial for real estate procurement.

Top Winners of Greece Real Estate Procurement
Dimand Real Estate: Leading Greek real estate company with a strong track record of winning government contracts.
Prodea Investments: A major player in the Greek real estate market with a diversified portfolio of office, retail, and logistics properties.
Intrakat: A major construction company in Greece with extensive experience in public infrastructure projects.

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