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Index of tables

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Who Represents Who

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Alexiou & Kosmopoulos Law Firm advised Lamda Development on its involvement in the Hellinikon project for the development of the former Athens international airport site, and also advised on its mall operations in Greece. Eurobank Ergasias and National Bank of Greece are also clients. Helen Alexiou, Constantine Alexiou, Alexandros Kosmopoulos and Sotiris Foteas are key contacts.

Bernitsas Law acted for Florac in its investment in luxury hotel and residential developments in northern Greece, and is advising Värde Partners Europe on its successful bid in the international tender process of Piraeus Bank for the disposal of Trastor REIC. The ‘experiencedPanayotis Bernitsas leads the team. Associates Christina Zakopoulou and Nikos Vouhiounis are noted.

The ‘efficient’ team at Dryllerakis & Associates provides ‘practical solutions’, and continues to advise Minoan Group on the construction and operation of a tourism project in Greece, recently assisting with the zoning process. H&M and Lamda Development are also clients. Voula Anargyrou heads the team, and Sophia Grigoriadou is also recommended.

Karatzas & Partners has a ‘strong’ track record in transactional matters and is particularly experienced advising REICs. It assisted NBG Pangaea REIC with its reverse merger and indirect listing on the Athex, and also advised NBG Pangaea REIC on the merger with its subsidiary Karela. JYSK instructed the firm on its entry into the Greek market. Vassiliki Salaka leads the department. Christina Faitakis is also noted.

Papapolitis & Papapolitis has ‘the gold standard when it comes to the advice and solutions it provides’. It is advising Imana Real Estate on the acquisition of a private island, and is also advising a global private equity firm on its bid to acquire 97.3% share capital in Ionian Hotel Enterprises. John Papapolitisbrings a wealth of experience to the table’, and George Graviashas a deep knowledge of the industry’.

The ‘first-rate’ team at PotamitisVekris Law Firm is assisting Oaktree Capital Management with the acquisition of the Sani Resort, and is advising Bank of Cyprus on its real estate portfolio in Greece. George Bersis heads the team, and Euripides Ioannou is also noted.

Zepos & Yannopoulos’s ‘very responsive’ team advised Bank of Cyprus on a restructuring of securities over several real estate properties in Greece. Sonia Melegouunderstands the commercial needs of clients’, and Marina Allamani is recommended for tax-related advice.

The ‘pragmatic’ department at Avramopoulos & Partnersdelivers fantastic results’. It acts for Island Skiathos Properties in a range of structural and operational matters in Greece. Bavilla Trading and Diamond Resorts International are also clients. Vassilis Avramopoulos is ‘tactically excellent’ and has ‘up-to-date knowledge’ of the sector.

The ‘highly professional and motivated’ team at KLC Law Firm has ‘in-depth knowledge of the infrastructure industry’. It is advising an international consortium of companies led by GEK Terna on its participation in the international public tender for the development of an international airport in Crete. It also advised Hellenic Republic Asset Development Fundon several matters, including the sale of US real estate. Katerina Loukopoulou heads the team.

The team at Kyriakides Georgopoulos Law Firm (KG Law Firm), which is led by Leonidas Georgopoulos, advises on a range of real estate financing, development projects and disputes. Anthony Hadjioannou, Gus Papamichalopoulos, Elisabeth Eleftheriades and Panagiotis Pothos are also noted.

The team at Pistiolis - Triantafyllos & Associates has ‘deep knowledge of the real estate and construction sector’. It advised Intrakat on the construction of a new airport on Paros Island. Real estate head Vanita Kiriakouli has ‘excellent communication skills’, construction head Theodore Pistiolis is ‘first class’, and senior associate Dimitra Gkanatsiou is ‘solution-oriented’.

Drakopoulos Law Firm advised a member of the Qatari Royal Family on the €1m purchase of a flat in Athens, and advised Los Barberos on the purchase of real estate for a multi-use development. Panagiotis Drakopoulos is recommended.

Ioannis Vassardanis & Partners has ‘strong expertise’ in the construction and engineering sectors. Ioannis Vassardanis heads the team and Eleni Tsakri is also noted.

Koutalidis Law Firm is assisting Fraport Greece on the negotiation of construction contracts relating to the refurbishment and expansion of 14 Greek airports. It is also advising Aegean Motorway on real estate issues. Gregory Logothetis leads the team, and senior associate Ioannis Kaplanis is also singled out for praise.

Lambadarios Law Firm’s expertise spans acquisition and finance transactions in the sector, and the team works with clients including Hines LLC, Deca Architecture, and Procter & Gamble. Team head Constantinos Lambadarios, Maria Fronista and Dimitris Lambadarios are recommended among the ‘hardworking’ team.

Led by Elena Tsohou, the team at Norton Rose Fulbright advised two of the founding families of the Sani Group on the sale of 98.7% of the shares in Sani Development and Touristic, owners of a five-star luxury resort.

The team at Apostolos Georgiades & Associates, which is led by Nikolaos Georgiades, advised Temes on the development of the Costa Navarino resort.

Moussas & Partners Attorneys at Law advises Hellenic Republic Asset Development Fund on a range of matters, and recently assisted with the sale of a real estate plot on the island of Santorini. Vassilios Moussas heads the team.

P.V. Kanellopoulos & Partners Law Firm is recommended for its experience across both real estate and construction transactions.

Paraskevas Law Firm is active in the retail, energy, telecoms, mining and hospitality sectors. The firm is noted for its expertise in advising private clients.

Politis & Partners acted for Eurobank in the refinancing of two companies controlled by Mytilineos Group, for the development and operation of a portfolio of wind farms in Greece.

Sarantitis’ ‘proactive and experienced’ team is led by Alexandros Athanassiou, and has a strong track record in construction disputes. It advised the Greek subsidiary of Iberostar Group on a dispute with Mamidakis Group regarding management agreements. Gregory Vlachos is a ‘strong technician’.

Tsoukala and Partners Law Firm advised NBG Pangaea REIC on the acquisition of a listed real estate asset from an overseas bank. Eleni Tsoukala is ‘thorough’ and ‘very commercial’.

Watson Farley & Williams – Greek Branch is advising UniCredit Bank on the PPP project for the construction and operation of 14 schools. Nikolaos Kostikas is the key contact.

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Legal Developments in Greece for Real estate and construction

  • Lessee vs Lessor: New leasing regulations shift the balance of power

    Over the last six years, Greece has been under an austerity restructuring and adjustment programme, receiving extended support from European financial institutions and international creditors, in an attempt to tackle its structural weaknesses, overly high deficits and incessant market stagnation.
    - Drakopoulos Law Firm

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