The amendment introduced in Parliament provides extension of the 3 percent limit on price increases for commercial real estate rentals for the entire year 2025.
Specifically, while the cap on 3% rent increases for commercial properties was set to expire at the end of 2024, the new amendment extends until December 31, 2025.
ABOUT extending the validity period of the amendment the organization also requested ΕΣΕΕ (Greek Confederation of Trade and Enterprise) in a letter to the Minister of Development Takis Theodorikakos, while such a possibility caused a negative reaction from ΠΟΜΙΔΑ (Panhellenic Federation of Property Owners).
Property owners asked Mr. Theodorikakos not to extend by a single day the unilateral and unacceptable (to them) introduction of a 3% price cap on commercial rents in 2025.
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