Greek Minister Pierrakakis announced the final contractor for the relocation of ministries to PYRKAL is expected to be selected by 2027. This project involves moving various government departments to the PYRKAL area. Simultaneously, Athens has seen a reduction of approximately 1,500 short-term rental apartments in the city center from last year to this year. This decrease in short-term rentals in central Athens may impact the housing market and availability for residents. The relocation project coupled with the changing rental landscape signals broader shifts in Athens' urban development. The government anticipates the move will streamline operations and potentially free up valuable space within the Athens city center. Further details regarding the tender process for the PYRKAL project are expected to be released soon.