According to preliminary data from the Bank of Greece, in 2025, prices for high-end office space (in nominal terms) rose by an average of 5.1% compared to the previous year for the country as a whole, a rate unchanged from 2024. By geographic region, in 2025, prices for high-end office space recorded an average annual increase of 7.0% in Athens, 4.2% in Thessaloniki, and 2.5% in the rest of Greece.
In the second half of 2025, prices for high-quality office space across the country rose by 4.5% compared to the first half of 2025 (provisional data). Based on the revised data, in the second half of 2024, prices for high-quality office space rose by 4.4% compared to the previous six months, while in the first half of 2025 they rose by 0.6%. By geographic region, in the second half of 2025, prices for high-end office space rose by 6.1% in the greater Athens area and by 3.3% in the rest of Greece, while they decreased marginally by 0.4% in Thessaloniki compared to the first half of 2025.
For the full year 2025, office rents across all categories, in nominal terms, for the country as a whole, increased by 0.8% (preliminary data). By geographic region, the rate of change in office rents was 5.5% for Athens, -1.2% for Thessaloniki, and -2.1% for the rest of Greece.
In the second half of 2025, office rents for the country as a whole recorded a 1.0% increase compared to the first half of 2025 (provisional data). The corresponding rates of change in rents were 0.7% in the second half of 2024 and 0.9% in the first half of 2025 (revised data).
2. Store indices
Based on available preliminary data, in 2025, prices for high-end retail properties (in nominal terms) across the country rose by an average of 4.8% compared to the previous year, compared to an 8.8% increase in 2024. By geographic region, the corresponding average annual rate of price growth was 5.3% for Athens, 2.7% for Thessaloniki, and 4.4% for the rest of Greece.
In the second half of 2025, prices for high-end retail spaces across the country increased by 3.9% compared to the previous six months (provisional data). The corresponding rates of change were 4.0% in the second half of 2024 and 0.8% in the first half of 2025 (revised data). By geographic region, in the second half of 2025, prices for high-end retail properties rose by 5.4% in the greater Athens area, 0.9% in Thessaloniki, and 2.0% in the rest of Greece, compared to the first half of 2025.
For the whole of 2025, rents for retail properties of all categories in nominal terms, for the country as a whole, recorded an average annual increase of 3.6% (provisional data). By geographic region, the corresponding average annual growth rate of rents was 5.7% for Athens, 2.7% for Thessaloniki, and 0.5% for the rest of Greece.
In the second half of 2025, retail rents increased by 2.6% compared to the first half of 2025 for the country as a whole (provisional data). The corresponding rates of rent growth were 2.2% in the second half of 2024 and 1.1% in the first half of 2025 (revised data).
