A deal between Prodea Investments, Lamda Development and Costeas-Geitonas School (CGS) for the construction of a new campus on the former airport plot at Elliniko on the capital’s southern coast appears to be on the rocks, as sources have indicated that Prodea is unlikely to carry on with the plan.
The negotiations between the GEK Terna group and investment funds of Arab interests, which are now in the driver’s seat for the acquisition of Terna Energy, are on a good track, Kathimerini understands.
Real estate professionals, foreign investors and homeowners have been concerned in the past few days over the precise changes being planned to the Golden Visa program.
Reports circulating in the market in recent days regarding the Golden Visa program suggest that the government intends to establish three different investment thresholds, depending on the area where the property in question is located.
A total of 5.54 billion euros is estimated to have flowed into the real estate market and the economy in general through the Golden Visa program during its nearly 10 years of operation.