Coldwell Banker expands to Greece

Coldwell Banker Real Estate LLC has signed a master franchise agreement with Senet, S.A., to bring the Coldwell Banker franchise system to Greece. The Coldwell Banker network now extends to 48 countries and territories worldwide.

Led by Peter Mihalos, Senet S.A. is a member of the Southeast Real Estate Group, a 20-year-old firm that specializes in Greek and Southeastern European commercial real estate services, developments and investments.

“The Greek housing market industry has evolved in sophistication,” says Mihalos. “The service needs of the market have increased, becoming more specialized and more demanding. At the same time, Greece is attracting a diverse international buyer. The Greek housing market has fared better than most other European housing markets. Homeownership in Greece remains one of the highest in Europe and transactions, while down the last couple of years, are expected to pick up.”