Next Generation Partners

Firms To Watch: Real estate and construction

The team at KP Law Firm is noted for its ‘internal cohesiveness and skill set’. The firm’s real estate practice has a niche specialism in the acquisition of private islands, and also offers support in real estate investment matters.
Nicolas Kanellopoulos – Chara Zerva & Associates has a growing real estate workload, including acquisitions of both commercial and industrial property portfolios. As specialists in public sector client work, the firm counts The National Bank of Greece and Hellenic Republic Asset Development Fund (HRADF) as key clients.
Your Legal Partners has been involved in key real estate financings in the Greek market, including the financing for the acquisition of Hellinikon by Lamda Development. Refurbishment and reconstruction work is also among the areas covered by the firm’s real estate practice.

Firms in the Spotlight Real estate and construction

Varnavas Law Firm 1978

Varnavas Law Firm 1978 logo

Established in 1978, Varnavas Law Firm is a boutique Law Firm based in Athens, with expertise in real estate, business and investment immigration law. Their awarded team consists of highly trained lawyers, notaries and financial advisors, who provide their domestic and international clientele with independent and top tier legal services.

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Real estate and construction in Greece

AKL Law Firm

AKL Law Firm is a premier firm for real estate financing and licensing, regularly advising banks and overseeing large projects, with the Hellinikon urban redevelopment project, currently under construction on the site of the former Hellenikon airport, being one of the standout examples of its work. The firm specialises in high-end developments and luxury properties. Jointly leading the practice are Helen Alexiou, an expert in environmental, zoning and planning law, and Constantine Alexiou, who covers a broad range of work including dispute resolution and insolvency matters. Senior associate Eleftheria Vassila supports on almost all of the firm’s key work. Clients describe working with the group as ‘an excellent experience‘.

Practice head(s):

Constantine Alexiou; Helen Alexiou


Other key lawyers:

Alexandros Kosmopoulos; Eleftheria Vassila


Testimonials

‘Talented and skilled lawyers.’

‘Fast, quality, cooperative, good fees, reliable’

‘The whole practice treats clients not as external legal but as part of the company and provide solutions in very complex issues within time and budget They are very meticulous with their billing hours and they never overcharge’

‘Helen Alexiou, the leader of the firm, has very deep knowledge and somehow is always available to assist no mater the day or the time.’

‘Working with Alexiou-Kosmopoulos law firm is an excellent experience. People are the main core of the collaboration and people are experts.’

‘Helen Alexiou is a very competent lawyer and exceptionally supportive collaborator. Eleftheria Vassila is an excellent colleague, full of expertise and really hard-working.’

‘ALEXIOU – KOSMOPOULOS LAW FIRM team has, as we called it in Greece, “meraki” for their law services.’

‘The qualities that I have valued in the ALEXIOU – KOSMOPOULOS LAW FIRM team and make them different from competitors are high sense of integrity, transparency and ethics.’

Key clients

Lamda Development S.A. /Hellinikon S.A.


Eurobank S.A.


Prodea Investments RECI


Grivalia Properties/ Grivalia Hospitality


Piraeus Bank S.A.


Hellenic Republic Asset Development Fund


Lamda Olympia Village S.A.


Lamda Domi S.A.


Pylea S.A.


Invel Real Estate Partners


Brook Lane Capital


RND S.A.


Asset Real Estate Management and Investments S.A.


Natural persons / entrepreneurs/high net-worth individuals


MSC Cruises


VGP Greece, part of the VGP Group


Sandaya


Werealize S.A.


White Mulberry S.A.


AK Lane S.A.


Work highlights


  • Continues to advise Lamda Development S.A.  with respect to all aspects of the overall licensing of the Hellinikon project (Planning and environmental licensing).
  • Advising Eurobank in its capacity as global coordinator and Eurobank S.A. and Piraeus Bank S.A. as mandated lead arrangers and with respect to the Hellinikon suite of financing facilities.
  • Advised Alpha Bank in its capacity as Bondholder Agent, Administrative Agent, Mandate Lead Arranger and Account Bank regarding a EUR 362 million refinancing and re-leveraging financing for Astir Palace Vouliagmenis S.A.

Karatzas & Partners

Assisting with joint ventures and M&A in the Greek real estate market, as well as overseeing infrastructure projects and aiding with diversification of operations in the energy sector, Karatzas & Partners offers a comprehensive practice. Vassiliki Salaka, who has a strong record in high value real estate deals, heads the team. Christina Faitakis is recommended for energy sector work, with Hellenic Petroleum being a key client. Senior associates Argyro Vagia and Athena Economou are also recommended, with each having both significant transactional and financing side experience. Economou has particular expertise in real estate bond issuances.


Practice head(s):

Vassiliki Salaka


Other key lawyers:

Christina Faitakis; Argyro Vagia; Athena Economou; Alexandros Anagnostopoulos


Testimonials

‘Excellent knowledge of the sector, high ethics, diligent and highly efficient lawyers.’

‘Negotiation skills, business thinking when approaching a transaction, minimizing at the same time risk for their client.’

‘Very good knowledge of the sector, speed, availability, deliverables.’

 

Key clients

National Bank of Greece S.A.


H&M Hennes & Mauritz


Eurobank S.A.


Hellenic Petroleum S.A.


Prodea Real Estate Investment Company (former NBG Pangaea REIC)


Noval Property Real Estate Investment Company


Hellenic Public Properties Company SA (ETAD)


Hellenic Petroleum Renewable Energy Sources S.A.


Italgas S.p.A.


Dromeus Capital Group


Nikas S.A.


Eurobank Leasing S.M.S.A.


ENI Gas e Luce (renamed to Eni Plenitude)


BC Partners, Pharmathen Group


PPC S.A.


Work highlights


  • Advising Hellenic Petroleum S.A. on its corporate transformation plan and a hive-down of its refining operations, oil trading and petrochemicals sectors to a newly established company aiming to diversify its activities.
  • Advised Italgas S.p.A. on the acquisition of DEPA Infrastructure S.A., the largest gas distribution system operator in Greece form the Hellenic Republic Asset Development Fund S.A. and the Hellenic Petroleum Holdings S.A.
  • Advising Alpha Bank (“AB”) in respect of Project Skyline, a transaction that involves the selection by AB of a strategic partner to pursue a joint venture in the Greek real estate market.

Koutalidis Law Firm

Koutalidis Law Firm covers a wide sweep of real estate work including leasing tender, acquisitions, financing and construction-related arbitration claims. The firm is highly recommended for its contentious work and is regularly involved in administrative disputes, with many such cases reaching Supreme Court level. The firm acts for clients in a wide variety of sectors, from entertainment to mining and banking to transport, thereby demonstrating broad industry expertise. The practice is jointly led by experienced litigator Gregory Logothetis, who is also qualified to practice law in Germany, and transactional and financing side expert, Ioannis Kaptanis. Senior associate Theodora Karagiorgou, experienced in real estate M&A and asset deals, is also key.

Practice head(s):

Gregory Logothetis; Ioannis Kaptanis


Other key lawyers:

Theodora Karagiorgou


Key clients

KEKROPS S.A.


Bluehouse


McArthurGlen Group


Fraport Greece


Abertis Infraestructuras S.A.


Lamda Development


GMR Group Limited


GMR Airports Greece Single Member S.A.


HOCHTIEF Solutions AG


Aktor Concessions S.A.


REDS S.A.


Development of New Alimos Marina S.A.


Aegean Motorway S.A.


Maliakos Kleidi Construction Joint-Venture


Hellenic Petroleum S.A. (HELPE)


Athens Concert Hall


National Bank of Greece


Piraeus Bank S.A.


Alpha Bank S.A.


Eurobank S.A.


DESFA S.A.


Avialliance GmbH


Hellenic Republic Asset Development Fund (HRADF)


Frank E. Basil S.A.


Macquarie Infrastructure and Real Assets


Home Concept Limited Liability Company


Aegeon-Naxos-Oceanis Private Limited Company


Ms Tsernou Glykeria


Nexi Payments Greece SA


IRO Greece


Work highlights


  • Appointed by HRADF to advise the latter on matters of Greek Law, in relation to the tender process for the lease of the Larymna and Loutsi mines owned by the Hellenic Republic and operated by LARCO S.A..
  • Advised MGE Hellenic Investments S.à r.l., an SPV owned jointly by McArthurGlen and Bluehouse S.A., with respect to the sale of its 100% participation to the capital of McArthurGlen Hellas MEPE, owner of McArthurGlen Designer Outlet Athens, to a 100% subsidiary of Lamda Development S.A..
  • Acted in arbitration proceedings for Athens Concert Hall in a claim against the client for over €41 million by the supervising engineers for the construction of the concert hall and services rendered.

POTAMITISVEKRIS

POTAMITISVEKRIS advises on some of the largest acquisitions in the Greek real estate market, covering sectors from heavy industry and mining to commercial and residential property portfolios. The firm also covers financing and due diligence work. Practice head George Bersis, who has a background in privatisation work, has presided over a shift in focus from high net worth individuals to more institutional clients and successfully expanded the practice. ‘Excellent professionalTheologos Mintzas, who was made partner in 2021, is experienced in transactional work as well as environmental, building and town-planning law matters. Associate Iliana Nikolaidi is a further name to note, recommended for real estate M&A. Amalia Balla left the firm for an in-house role in September 2022.

Practice head(s):

George Bersis


Other key lawyers:

Theologos Mintzas; Iliana Nikolaidi


Testimonials

‘Excellent team – in depth knowledge of the Greek real estate sector’

‘Theologos Mintzas – excellent professional, stands out in terms of cooperation, legal thinking, problem-solving’

‘The team is excellent, highly responsive and extremely knowledgeable in the field. We always feel secure when working with this firm and we believe thet it is the most accomplished law firm in Greece.’

‘Theologos Mintzas is a leading partner and one of the most knowledgeable Greek lawyers in the field. He is committed, responsive and problem-solver. He is supported by a team of very efficient and dedicated lawyers and Iliana Nikolaidi stands out as a very promising young lawyer.’

‘All the members of the team are flexible according to our needs. The team has in depth knowledge of the law and the market’

‘Theologos Mintzas : Theologos is a great lawyer, acting with professionalism throughout our cooperation. George Bersis : George is a great manager, and always available to provide on the spot advice’

Key clients

Treppides Investments & Holdings Ltd


Emma Capital Management


Dimand SA


GEK Terna SA


Arrow Resources AG


Lafarge Beton (Holcim Group Services)


Alpha Bank


Benaki Museum


Lamda Development SA


National Bank of Greece SA


Bank of Cyprus


The Blackstone Group


HI Partners


Dromeus Capital Management


Grivalia Management S.A. (former Grivalia Properties REIC)


Fairfax Financial Holdings


Hellenic Republic Asset Development Fund


LBRI (Ikos & Sani Hotels)


Mitsis Group


Oaktree Capital Management


Piraeus Bank


PQH


FOURLIS HOLDING SA


Premia Properties


Hines US LLC / Henderson Park


Azora FCR


Work highlights


  • Advised a consortium of Gek Terna and Arrow Resources AG in the context of their bid for the acquisition of the plant, operations and several mines of Larco, a large nickel producer.
  • Advised a consortium of Dimand SA (leading member), Premia Properties and EBRD, in the acquisition of a majority stake from Alpha Bank of a company holding a portfolio of more than 550 properties (offices, residential, commercial).
  • Advised a Spanish fund on the acquisition of a 5 star hotel in Rhodes, through an asset deal. The scope of work included advice on the due diligence, drafting and negotiation of all contractual documents, establishment of the Geek SPV that acquired the asset, as well as financing of the transaction.

Andersen Legal - Pistiolis - Triantafyllos & Associates Law Firm

Recommended for ‘deep expertise, vast experience, and ability to work under pressure‘, Andersen Legal - Pistiolis - Triantafyllos & Associates Law Firm is a frequently used option for large development and construction projects. The firm has strong links with both energy companies and commercial real estate developers, as well as working with banks on the financing side. This comprehensive offering is led by Vanita Kiriakouli, an expert in real estate joint ventures, who also advises on leases, sale and purchase of land and plot development. Theodore Pistiolis is a construction specialist, notable for his ongoing working relationship with Intrakat, one of the largest construction companies in Greece. He is also a qualified arbitrator.


Practice head(s):

Vanita Kiriakouli


Other key lawyers:

Theodore Pistiolis


Testimonials

‘Each year the firm confirms its high professional status and reputation. They have a dedicated team for us, working with passion to deliver the best possible solution. They demonstrate deep knowledge and expertise, offering innovative solutions and tools that facilitate our daily professional life.’

‘Theodore Pistiolis has an excellent ability to transform a multitude of complex insights into clear actions that support business objectives. He has strong skills to lead. The highest standards in terms of values and business ethics are another dimension of Theodore’s personality.’

‘We work with Andersen Legal for many years, having so far, a very fruitful cooperation. During our cooperation the firm confirmed its high professional status, competence and capability in solving complex problems. All work is done on time and the quality of the deliverables is always above expectations. The whole team is one of the premier team in Greece.’

‘Mrs. Vanita Kyriakouli always insists on getting to the ‘heart of matters’ providing legal support of high quality. Vanita is a rare combination of professionalism, expertise, and passion for her work. She combines a true ‘hands-on’ approach to delivering quality results.’

‘They are acting as our legal counsels particularly in the Real Estate & Construction as well as corporate and commercial issues. They have supported us in several construction projects. Through out our cooperation, they demonstrated their deep expertise, vast experience, and their ability to work under pressure. The deliverables were always accurate and to the point. Overall, Andersen Legal is a law firm with excellent resources, available for its clients. We are always happy working with them, as the projects run smoothly and without any delays.’

‘We would point out our cooperation with Theodore Pistiolis & Vanita Kiriakouli. A great team that works with passion and dynamism. Theodore Pistiolis possess wide corporate expertise and experience which gives an added edge to his performance. Vamita is a league of her own in real estate projects and Theodore Pistiolis is always available and able to solve any problem.’

‘The team is very efficient. The workflow is timely and support is coordinated.’

‘The most important innovation (which has been fading in the world in recent years) is applying common sense and understanding the needs of the project. This team has plenty of common sense.’

Key clients

V-Ridium


Kayak


Tetraktys


Intrakat SA


Savills


Intradevelopment


Pyramis SA


2002 ATE


Top Properties SA


Ftelia Property Ltd


Gefsinous


Perseus Gv Solar J/V


Work highlights


  • Advised Savills on tender by National Bank of Greece for the provision of advisory services in regards with a ‘bucket’ of 2000 real estate properties owned by the banking institution.
  • We advised Perseus GV Solar J/V on the construction of a 250 MW photovoltaic park in Karditsa Greece of a total value of 30m €.
  • Advised Lax Roman Lion Ltd in a 50m. residential development project in the area of Peloponnesus.

Bernitsas Law

Bernitsas Law specialises in work for high net worth individuals, hotels and luxury developments. The firm is recommended particularly for real estate matters involving the Greek islands and the tourist industry. The real estate team covers a broad array of matters including financing and refinancing, planning, land use and tax implications. The practice is jointly led by Panayotis Bernitsas, a highly experienced litigator and arbitrator, and Lambros Belessis, who focuses on structuring and negotiating commercial real estate transactions.

Practice head(s):

Panayotis Bernitsas; Lambros Belessis


Key clients

Percassi


SMB Capital


Work highlights


  • Advising high net worth individuals on the sale of an island in Greece.
  • Advised the major hospitality group SMB Hotels Holdings BV on the acquisition of existing hotels and other buildings to be transformed into boutique lifestyle hotels located in the center of Athens.
  • We advised the Astir Group on the issue of a €362m bond loan by Astir Palace Vouliagmenis for the refinancing of existing bank debt and financing of the development of the Astir marina located on the Athens Riviera.

Dryllerakis & Associates

Covering a range of sectors including seaport infrastructure, entertainment and hospitality, Dryllerakis & Associates has strong capabilities in transactional, planning and financing work. The practice is led jointly by Maria Stoumpidi and Stella Yannika, who are both experienced in strategic planning and project structuring. Eleftherios Rantos, a real estate financing and investments expert, is also recommended.


Practice head(s):

Maria Stoumpidi; Stella Yannika


Other key lawyers:

Eleftherios Rantos; Panagiotis Georgiopoulos


Testimonials

‘Excellent corporate legal advice.’

‘The individuals are really professional and have deep legal knowledge.’

 

Key clients

BEIERSDORF HELLAS S.A.


Chalyps SA


DIMERA GROUP


Etad (Public Properties Company)


EUROLIFE FFH INSURANCE GROUP


Lampsa SA


Minoan Group plc (Loyalward)


Praktiker Hellas S.A.


Regency Entertainment Group (including Hellenic Casino Parnitha S.A.)


Thessaloniki Port Authority S.A.


Work highlights


  • Advised Halyps Building Materials SA in a complex project of great importance for the sale of part of its business, that also included the sale of two properties in Gerakas and a quarry in Aspropyrgos Attica.
  • Advising Lampsa SA in the sale of Sheraton Rhodes 5* hotel to Azora Group
  • Advising Beiersdorf Hellas SA in the sale of its premises/facilities in Gerakas – Attica to Vianex Group.

KLC Law Firm

KLC Law Firm assists developers and investors in the Greek real estate market, as well as major international energy companies like Shanghai Electric. The firm’s expertise spans a broad range of work, from due diligence and licensing to acquisitions and dispute resolution. The practice is co-headed by Thomais Christodoulopoulou and M&A lawyer Ioanna Lazaridou. Senior associate Tereza Rapti is also key.

Practice head(s):

Thomais Christodoulopoulou; Ioanna Lazaridou


Other key lawyers:

Tereza Rapti


Key clients

Grivalia Hospitality


Eurobank


Domes Resorts


Hellenic Republic Asset Development Fund (Hradf) / Privatization Of Regional Ports


Shanghai Electric Corporation


Hellenic Republic Asset Development Fund (Hradf) / E-auction


Ib Vogt


Gap


Papatheocharis Group


Hellenic Electricity Distribution Network Operator


Kyriakides Georgopoulos Law Firm

Kyriakides Georgopoulos Law Firm is heavily involved in the financing and construction of wind farms in Greece, assisting the European Investment Bank (EIB) in this area. The firm has also been engaged for work regarding the Hellinikon project and regularly advises high net worth individuals in luxury villa acquisitions. The practice is jointly headed by Elizabeth Eleftheriades, who has a strong track record as the lenders’ legal advisor in financings, and Kimon Tsakiris, who has expertise in sale and leaseback transactions, time-sharing and construction agreements.

Practice head(s):

Elizabeth Eleftheriades; Kimon Tsakiris


Other key lawyers:

Theodore Rakintzis; Eleni Iconomidou; Katerina Pipertzi; Penny Oikonomopoulou; Efthymia Pragianni


Testimonials

‘They understand your needs and find ways to solve any problems in a professional manner.’

‘They respond promptly both to their client and the other party. You always know where you stand.’

‘Very diligent analysis in a complex and laid-with-traps sector of doing business in Greece (Real Estate). Always looking to protect client interests and highlight all possible dangers, however remote in nature, but also providing guidance on risk probability.’

‘Penny Oikonomopoulou (Associate) has a deep understanding of the sector and works very well with the required engineers and notaries.’

Work highlights


Lambadarios Law Firm

Lambadarios Law Firm specialises in work for real estate investment companies, advising many of Greece’s major REICs. Collateralised NPLs and insolvency in the real estate sector is also an area of expertise, along with the leasing and refurbishment of commercial properties. Practice head Constantinos Lambadarios has strong real estate transactional experience and is recommended for being ‘efficient‘ and ‘responsive‘. Co-heads of practice Melina Katsimi and Sophia Alonistioti are recommended for their real estate investment funds and energy sector expertise, respectively.

Practice head(s):

Constantinos Lambadarios; Melina Katsimi; Sophia Alonistioti


Other key lawyers:

Prokopis Dimitriadis


Testimonials

‘High quality team, with long experience, ready to provide solutions, available.’

‘We had excellent cooperation with Constantinos Lambadarios and Melina Katsimi.’

‘The team is very knowledgeable and responsive. They have a vast experience and expertise in the sector and they have handled a variety of complex transactions very efficiently.’

‘Constantinos Lambadarios is very knowledgeable, efficient and a problem-solver.’

‘The team’s partners present a cohesive service structure addressing all aspects of our needs.’

‘Constantinos Lambadarios has been very responsive to our requests and ensures to engage the right people within his organisation.’

Key clients

Volterra S.A


Grivalia REIC


Hines Inc.


BriQ REIC


Trastor REIC


Wella


Deca Architecture


Gek Terna


Brook Lane Capital


Work highlights


  • Advised Brook Lane Capital on its partnership agreement with Lamda Development for the acquisition and development of a Mixed-Use Tower through the establishment of a joint venture. The value of the investment amounts to €200 million.
  • Advised Orsted A/S, which is engaged in the development, construction, and operation of offshore wind farms, in its bid for Greek wind farms from Spanish wind turbine manufacturer Siemens Gamesa.
  • Advised BriQ Properties, which is mainly focused on the acquisition and management of commercial properties in Athens, on its acquisition of 80% of the shares of SARMED WAREHOUSES for €23.6 million (Matter 7).

Papapolitis & Papapolitis

Papapolitis & Papapolitis is known for its work on acquisitions in the hospitality sector, particularly with regards to Greek island holiday destinations. Logistics and retail properties are also areas of expertise. John Papapolitis and George Gravias, who each have over two decades of real estate and construction law experience, jointly lead the team. Further key names include investment specialist Nicholas Papapolitis and senior associate Panayiotis Papageorgiou, who ‘stands out not only for his knowledge and expertise but also for his exceptional negotiating‘.

Practice head(s):

John Papapolitis; George Gravias


Other key lawyers:

Panagiotis Papageorgiou; Nicholas Papapolitis; Evi Tsilou


Testimonials

‘It is a practice with a strong ethos, impeccable professionalism, personalized service, attention to detail, experienced and knowledgable, always going the extra mile to match the expectations of demanding clientele from all over the world. We are happily recommending Papapolitis & Papapolitis to our top-tier clients, and we have always had great feedback for their services.’

‘Managing partner Nikolas Papapolitis has always been extremely accommodating, providing his top-class services in a timely fashion. Panagiotis Papageorgiou, a longtime associate of the firm, stands out not only for his knowledge and expertise but also for his exceptional negotiating.’

We had the chance to witness first the qualities of both professionals in various occasions, several of them rather demanding and challenging.’

‘They are a one-stop shop for large high-end complex transactions. They have been involved in the largest real-estate transactions in Greece and are a blue chip firm.’

They are a robust team, extremely knowledgeable, always responsive and innovative and results oriented.’

‘Superior to almost all other Athens firms which we have worked with.’

‘Their input has been invaluable and highly creative.’

‘Good partner involvement with a strong and positive team. They are also a diverse team.’

Key clients

Lamda Development S.A.


APartners Capital


Olayan Group


RSR Estate Holdings S.A.


Soho House


London & Regional Properties


RB Capital Limited


LoneStar Funds


Prodea Investments


Invel Real Estate Partners


Astakos Port Terminal


Fortress Investment Group


Varde Partners


Piraeus Real Estate S.A.


Brook Lane Capital Management


York Capital Management


Titania Hotel Athens


Work highlights


  • Advised Lamda Development on the acquisition of McArthur Glen Hellas, the owner of the Mcarthur Glen Designer Outlet.
  • Advised Prodea Investments on a large investment in Mylos island.
  • Assisted MHV Bluekey One with the acquisition of boutique hotel in Paros island.

Sarantitis

Covering a variety of work in the real estate field, including transactions, development planning, disputes and bankruptcies, Sarantitis is recommended for its ‘deep knowledge of the local real estate market‘. Co-heading the practice are ‘knowledgeable professionalAlexandros Athanassiou and Gregory Vlachos, noted by clients for his ‘high quality of work, business and commercial savvy, and ability to turn legal advice into practical solutions’. Both are experienced in both transactional and disputatious work. Senior associate Leonidas Panagopoulos is also recommended for property leasing matters.


Practice head(s):

Alexandros Athanassiou; Gregory Vlachos


Other key lawyers:

Dorotheos Samoladas; Leonidas Panagopoulos; Alexandros Metaxas; Dionysia Gamvrakis; Dionysis Kazaglis


Testimonials

‘This team focus all their attention on what the client is saying. They understand what the client wants to achieve and their priorities. They are responsive and they keep their promises. The firm delivers value for money and look to continuously improve the service they provide.’

‘Our key contact is Mr. Gregory Vlachos. He is well-known legal practitioner in Greece for his high quality of work, business and commercial savvy, and ability to turn legal advice into practical solutions.’

‘The firm has a long-standing experience in this sector. It has a special capability to turn complex issues to simple ones and therefore is giving to its clients a competitive advantage when dealing with the legal aspects of the real estate and construction business.’

‘I would like to mention Alexandros Athanasiou who is a knowledgeable professional with a great talent to understand the critical points of each case almost at once. This is giving a great and added value to the clients as they are avoiding time-consuming meetings and processes. This unique capability protects clients and makes the service provider cost-effective in a very difficult and demanding market.’

‘We have long trusted SARANTITIS law firm to support us on our real estate transactions and construction projects. The team’s strength relates first to the deep knowledge of the local real estate market and second to the overall understanding of our individual history and strategic objectives. This combined knowledge is something they consciously strive to obtain in order to put it in use.’

‘Dorotheos Samoladas as a partner and Leonidas Panagopoulos as the associate have worked with us on multiple occasions (property leases, property sales and buys). Precision, speed and focus on detail, are the characteristics that make them stand out. Their focus is to minimize risks while achieving desirable commercial terms that the company has.’

Key clients

Hildegard A. Hoevel/ Law Firm Hoevel and Colleagues


ENA OKTO S.A.


Iberostar Group


Charamida Investments Group


Yamamay Hellas S.A.


Maria Jose Jarur Rescaglio


Work highlights


  • Handling a matter of international bankruptcy and assisting the bankrupt administrator, Hildegard A. Hoevel, in the disposal of the real estate property located in Greece, owned by a deceased individual, who was declared bankrupt.
  • Acts on behalf of the Greek subsidiary of Iberostar Group, in the context of a dispute with Mamidakis Group regarding the IBEROSTAR MIRABELLO and IBEROSTAR HERMES Hotel Management agreements.
  • Represents Charamida Investments Group in a project of the development of a plot of buildings in the Athenian Riviera of a value of €2,5 mio approximately.

Tsoukala and Partners Law Firm

Tsoukala and Partners Law Firm has a strong practice handling commercial real estate property acquisitions in the Greek market. The firm also covers refurbishment work and has particular expertise in hotel management and luxury property related matters. Its prestigious client base includes Alpha Bank Group and Sidley Austin, among others. The ‘sharp and knowledgeableEleni Tsoukala leads the practice. Ioanna Moumtzoglou and Sofia Angelakou are also key names.

Practice head(s):

Eleni Tsoukala


Other key lawyers:

Ioanna Moumtzoglou; Sofia Angelakou


Testimonials

‘The firm’s team perfectly blends commercial awareness with deep industry knowledge. The lawyers are super-efficient, proactive and absolutely great at problem-solving. They provide a first-class service and are our go-to lawyers for sophisticated and complex real estate and construction work. Excellent value for money.’

‘Eleni Tsoukala is extremely sharp and knowledgeable. She has the innate ability to anticipate and resolve issues, ensuring transaction efficiency. Eleni’s advice is always well-reasoned, clear and pragmatic. She is a true expert in this field.

‘Ioanna Moumtzoglou is an excellent lawyer, very intelligent, commercially astute and incredibly hard-working. She is always readily available and responsive and her advice is clear and concise. She handles all matters with enthusiasm, professionalism and integrity.’

‘Sofia Angelakou is efficient, attentive to detail and very dedicated to her work.’

 

Key clients

The Alpha Bank Group


Dentons


Sidley Austin


The Viohalco Group


MMG Development S.A.


KMG Development S.A.


Work highlights


  • Advised a company belonging to the Alpha Bank Group on the acquisition of high-value commercial real estate assets.
  • Acted for companies belonging to the Viohalco Group in connection with the prospective acquisition of multiple high-value real estate assets.
  • Acting for a Greek logistics company on the €58 million acquisition and refurbishment of an office and warehouse complex located in a prime industrial area.

Zepos & Yannopoulos

Zepos & Yannopoulos has a strong record in acquisitions and transfers of luxury villas, resorts and other tourism linked properties. The firm also advises on complex infrastructure projects, with the IONIAN submarine fibre optic cable project being a standout example. The team is led jointly by hotel and leisure property specialist Sonia Melegou and Marina Allamani, who has expertise in the tax aspects of real estate deals. Experienced litigator Nikos Christoforidis assists in contentious matters.

Practice head(s):

Sonia Melegou; Marina Allamani


Other key lawyers:

Nikos Christoforidis; Charikleia Vlastou; Mary Georgiou


Testimonials

‘Highly experienced and professional team of partners capable of anticipating issues, proposing solutions and solving complex sale processes.’

 

Key clients

CNP Assurances


Brooke Lane Capital


Generali Group


GreenVolt


OK Group


Premier Capital Limited


Stavros Niarchos Foundation


Club Mediterranee


Tui Group


Zoia


Work highlights


  • Advised Club Med on the sale of the all-inclusive resort destination Club Med Gregolimano to the French real estate management company PrimonialREIM.
  • Advised Astir Palace in conjunction with the sale of ten plots for luxury villas at Astir Palace Resort.
  • Advised Islalink, a company of Fiera Infrastructure, on the acquisition of real estate for the landing of a submarine cable in the context of IONIAN, a new submarine and terrestrial fiber optic system connecting Italy and Greece.

AP Legal

The AP Legal real estate practice, led by Aris Papaspyridis and Ioannis Nakis, specialises in industrial development work, but also offers support in a variety of matters including asset transfers and commencement of business in Greece, Key clients include pharmaceuticals giant Pfizer and renewable energies investor Sunrider. Assistance for non-EU clients operating in the Greek market is a specific area of the firm’s expertise.

Practice head(s):

Aris Papaspyridis; Ioannis Nakis


Testimonials

‘Good communicators, quick turn around.’

Key clients

KSB SE & Co. KGaA


Goldally Investment Properties Ike


City Life Athens Ike


Euclid Transactional Limited


Pima


Pfizer


General Electric Healthcare


Sunrider Single Member


Ultra White


Invos Ltd


Sunmix Investment Properties


Helios Serron


Work highlights


  • Represented PFIZER for the arrangement of new leased premises in Greece.
  • Represented Sunrider Single Member S.A during the negotiations of the engineering, procurement & construction agreement as well as of the Operation & Maintenance agreement of the client’s investment into Project Delfini, a photovoltaic project in northern Greece having a 100MW capacity.
  • Represented underwriting company Euclid in terms of its offering of insurance against representations and warranties in real estate deals including transfers real estate assets in Greece.

Avramopoulos & Partners

Avramopoulos & Partners specialises in advising developers on large-scale projects and counts Karma Group and Hard Rock International as key clients. The tax aspects of real estate transactions are a key area of expertise. Founding partner Vassilis Avramopoulos co-heads the practice with leisure sector expert, Yanna Antonopoulou, and shipping lawyer and maritime development specialist, Vicky Kolintza.

Practice head(s):

Vassilis Avramopoulos; Vicky Kolintza; Yanna Antonopoulou


Other key lawyers:

Alkis Economou; Athanassios Safaris; Barbara Angelopoulou


Testimonials

‘The team is highly responsive with deep expertise and an amazing understanding of the clients’ needs. Their advice is comprehensive and to the point, including a business approach that is truly promoting and safeguarding the clients’ interests. They are flexible in all aspects of their work and highly adaptive to new technologies, including billing methods and work monitoring.’

‘Vassilis Avramopoulos is distinguished for his high professionalism and exceptional skills to understand what the client wants and provide the most efficient way to achieve the goals set.’

Key clients

Hard Rock International


WHG Europe


Karma Group of Companies


Work highlights


  • Advising Hard Rock International in relation to the multibillion project of developing an Integrated Resort Casino in Athens.

Drakopoulos

Drakopoulos has a burgeoning practice supporting on major construction projects, commercial and residential property leasing and asset sales. Practice head Panagiotis Drakopoulos has a strong record in cross-border transactional work and supervises the firm’s offices in Albania, Cyprus and Romania. Co-head of practice, Georgia Konstantinidou, provides ongoing support in development projects and assists with corporate governance matters.

Practice head(s):

Panagiotis Drakopoulos; Georgia Konstantinidou


Key clients

Pepco


Gradista Real Estate Fund


Livewise


Brook Lane Special Situations Fund


Work highlights


  • Advises PEPCO on leasing commercial and retail spaces in various areas/towns in Greece in the context of expanding its business in Greece.
  • Advised INTRAΚΑΤ CONSTRUCTIONS with respect to the EUR 105M construction of student halls & other educational facilities of the Democritus University of Thrace.
  • Advised a group of foreign investors and their developer (LIVEWISE) on the sale of a series of assets held by 5 SPVs and developed by LIVEWISE to PRODEA INVESTMENTS.

Norton Rose Fulbright

International law firm Norton Rose Fulbright primarily assists multinational clients and high net worth individuals, advising on real estate investments, financings and acquisitions. Key areas of expertise include land acquisitions for renewable energy developments and luxury property transactions. Elena Tsohou, a corporate and banking lawyer with experience in the energy and utilities field, leads the team.

Practice head(s):

Elena Tsohou


Other key lawyers:

Vassilis Koroxenidis; Dimitris Rampos; Nikos Anagnostopoulos-Gioussas


Key clients

RWE Renewables


National Bank of Greece


Bank Leumi (UK) Ltd.


Terna Energy


Voltalia Hellas


OX2 S.A.


Macedonian Hotels S.A.


Mr. Thrasyvoulos Makios


Sagias and Partners Law Firm

Sagias and Partners Law Firm assists with high value luxury property acquisitions and developments, especially regarding the Greek Islands. The team also covers property conversions (e.g. from commercial to residential) and construction projects in the energy sphere. Founding partner Spyros Sagias leads the team. Notably, the firm has a longstanding partnership with international law firm Dentons.

Practice head(s):

Spyros Sagias


Other key lawyers:

Sotiris Perivolarakis; Eleni Siouti; Rena Michalopoulou; Rania Valta


Key clients

Pima Group


Citygate


Pimana


ISA Architects


Var Management Ltd


Ilos New Energy Greece Single Member


Energy Yperionas


Mistraya Holdings Co. Ltd


Philippos Tsitseklis


Union Star Ltd


Ekaterini Koskina


Work highlights


  • Assisted PIMA GROUP during the acquisition of 14.500 stremmas (14.500.000 sq.m.) on the island of Zakynthos.
  • Provided legal advice and support to Var Management regarding the purchase of a five-storey building in the centre of Athens in order to be converted into a complex of buildings, while its use from commercial will be converted into residential.
  • Advised ENERGY YPERIONAS S.A. and ILOS New Energy Greece Single Member P.C. on the development of a large photovoltaic parks with internal storage units in Europe in Fthiotis, Greece

Ioannis Vassardanis & Partners

Managing partner Ioannis Vassardanis leads the team at Ioannis Vassardanis & Partners, recommended for its ‘high level of legal service quality and business ethics‘. The firm is notable for its abilities to assist with far reaching cross border projects, particularly in the energy field. Hitachi Energy is a key client.

Practice head(s):

Ioannis Vassardanis


Other key lawyers:

Eleni Tsakri; Giouli Katsarou


Testimonials

‘High level of legal service quality and business ethics, reliability, smooth remote communication, excellent collaboration, trust.’

‘Both partners Mr. I. Vassardanis & Mrs. E. Tsakri demonstrate professionalism, responsibility, they successfully perform under pressure, are proactive, decisive, effective, interactive, communicative and problem solvers.’

Key clients

AVAX S.A.


Hitachi Energy One Member Societe Anonyme (Hitachi Energy S.A.) (former ABB Power Grids S.A.)


Work highlights


  • Advised a major Greek energy infrastructure Company in relation to their day- to- day support with regards to an important energy Project in Iraq.

KBVL

KBVL, part of the Deloitte legal network, is recommended for its ‘multifaceted‘ and ‘interdisciplinary‘ approach to real estate and construction mandates. The team is led by Mary Chalioti, who is highly recommended by clients. She advises on infrastructural development work in the maritime, telecoms and transport sectors and oversees the real estate acquisitions required to make these possible. Managing partner Ilias Koimtzoglou supports.

Practice head(s):

Mary Chalioti


Other key lawyers:

Ilias Koimtzoglou


Testimonials

‘The KBVL RE & Construction team supported me as the Special Administration (Insolvency Administrator) of an insolvent major shipyard. During the whole process, they provided appropriate advice and support on the resolution of the “myriad” legal issues.

Their insight, in-depth legal and procedural knowledge, and professionalism stand out!!

Their knowledge of the law and related procedures as well as their business acumen was exceptional.’

‘The interdisciplinary way in which KBVL functions enables each team member to have an all-around view of the legal affairs of its clientele. Our company has both real estate and project development aspects, and thus its complicated nature needs a multifaceted team like KBVL’s.’

‘Our real estate affairs are primarily handled by Ms Mary Chalioti, whose services have proven impeccable time and time again. Given the complicated nature of our lease agreements, Ms Chalioti astounds with her efficiency, consistency and quick-witted solutions.’

‘The associates are excellent experts and make sure to respond promptly and accurately to anything they are requested to process.’

‘During our cooperation, we communicated with Mrs. Mary Chalioti. From our experience we have found that this is a person who handles particularly difficult cases with diligence and discretion, taking care to accurately capture the details that others might have overlooked, but also to propose appropriate solutions.’

Key clients

Astir Marina Vouliagmenis


Hellenic Train – Ferrovie Dello Stato Italiane Group


Vantage Towers Greece


Legendary Food


TEMES


SAAB Aktiebolag


LARCO


Hellenic Shipyards


Work highlights


  • Advising Astir Marina Vouliagmenis with respect to a € multi-million real estate project, regarding the development of the marina, including the conclusion of long-term berthing agreements between shipowners and the company.
  • Advising Hellenic Trains in the context of a concession agreement with Hellenic Railways Organisation, for €500 million, with regard to the concession of a large area of over 1,000 acres in Thriasio Field, a key location in Attica, for the development and maintenance of the logistics centre operating therein.
  • Advising Vantage Towers Greece on a large real estate project in the telecoms space, pertaining to the purchase, lease or usufruct of properties (plots, horizontal and vertical properties, and more), throughout Greece.

Sioufas & Associates Law Firm

Providing tailor-made and practical advice‘, Sioufas & Associates Law Firm is known for its real estate M&A and financing transactions work. Luxury resort properties and personal properties of high net worth individuals are particular area of expertise. The team is jointly led by George Sioufas, Olga Eftychidou, Neoklis Neokleous and Aikaterini Gkana.


Practice head(s):

George Sioufas; Olga Eftichidou; Neoklis Neokleous; Aikaterini Gkana


Testimonials

‘Expanded team of lawyers of various levels & experiences.’

They make extensive use of the new online tools introduced by the public authorities (e.g. electronic filing of applications to public services and the Land Registry, checking the electronic database of the Land Registry, electronic filing of documents) to provide fast-tracked and accurate services.’

‘Dedicated team of lawyers highly skilled in handling legal issues of a significant complexity, providing tailor-made and practical advice on a variety of real estate issues within short time frames.’

Key clients

PQH


Exclusive Resorts Single Member Private Company


Bakos Nikolaos


Proodos Acumen Single Member Private Company


Tengvo


Chaviaras Andreas


Distinction Resorts Single Member Private Company


Blue Essence Resorts Single Member Private Company


Alpha Bank S.a.


Qquant Master Servicer


National Bank Of Greece


Pancreta Bank


Hellas Capital Leasing


Deddhe


Glerby Private Company


Lorbax Single Member Private Company


Pexmon Single Member Private Company


Enetly Single Member Societe Anonyme


Tozzby Single Member Private Company


Theocharis Athanassios


Paramount Resorts Single Member Private Company


Outstanding Resorts Single Member Private Company


Morsino Ltd


Cerved Property Services


Kuber Single Member L.t.d.


Pansil


C Cercle Single Member Private Company


M-pack S


Orizor Single Member


Eos Matrix Receivables Management From Loans And Credits Greece Single Member Societe Anonyme


Bain Capital Credit


Stavros Lanaras


City Dynamics


Watt And Volt


Monterock International


Damesin Ltd