REAL ESTATE

The face of Piraeus Street, one of the busiest roads in Athens, is set to change. A series of property investments on the road, connecting the port of Piraeus with the city center, has been announced for the next two years from investors such as US Hines and Greece's Viohalco group, along with state bodies such as the Athens municipality.

The Greek real estate market is drawing strong interest from foreign players as the latest data from the Bank of Greece shows a 94.6 percent increase in capital inflows tied to property for the first half of the year.