Expectations are low on investments
The combination of expensive money, inflation and a possible recession made investors much more cautious. Investment transactions, mergers and acquisitions will not be as strong this year, and investors should look to sectors with more guaranteed returns, such as real estate, construction and energy. The value of commercial transactions, which in 2021 was around 12 billion euros, is estimated to be lower this year.
“In 2022, compared to 2021, there will be a decline in investments, due to the hesitation of investors attributed to the increase in the cost of silver and the liquid environment”, notes Stefanos Charaktiniotis, partner and head of the mergers and acquisitions department. of the law firm Zepos & Giannopoulos.
As a result, he adds, “This year we expect both volume and value of investment transactions to decline, with investors mostly adopting a wait-and-see attitude and turning to traditional sectors. We expect most investment to come from privatizations, like Attiki Odos, from green energy and real estate.
Greek funds are also looking for opportunities, while investors are positioning themselves in tourism, targeting struggling assets.