Next Generation Partners

Firms To Watch: Real estate and construction

Headed by the Athens-based duo of Petros Machas and Maria Antoniadou, Machas & Partners Law Firm specialises in the financing and development sides of real estate projects, along with negotiating and drafting lease agreements.

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

Displaying ‘commitment and honesty’, the AKL Law Firm real estate team has cemented its place at the top of the market thanks to its extensive expertise in M&A, regeneration projects and development financing. The practice has a growing presence in the planning and environmental restriction space, to add to its already established offering in the licensing procedure sphere. Athens-based practice heads Constantine Alexiou and Helen Alexiou specialise in project finance proceedings and routinely act on urban regeneration schemes. Alexandros Kosmopoulos supports clients in complex development initiatives and infrastructure projects, and Eleftheria Vassila frequently advises real estate development corporations.

Practice head(s):

Constantine Alexiou; Helen Alexiou

Other key lawyers:

Alexandros Kosmopoulos; Eleftheria Vassila


‘AKL is not just a legal firm; it is a strategic partner to businesses of all sizes. With a legacy dating back decades, it boasts a wealth of experience that is nothing short of remarkable. The team understands that the foundation of any successful legal practice rests upon enduring client relationships and they have cultivated and nurtured these bonds with exceptional care and unwavering dedication, consistently delivering unparalleled services to their clientele.’

‘Eleni Alexiou epitomizes the embodiment of high experience and a business-oriented mindset. On one hand, her experience equips her with the insight and wisdom required to navigate even the most intricate legal matters, ensuring favourable outcomes for her clients constantly and, thus, amassing an enviable track record of success. On the other hand, her approach to law goes beyond legal expertise; it involves a deep understanding of the intricacies of the real estate sector, enabling her to offer solutions that are not only legally sound but also aligned with the client’s overarching business goals. ’

‘AKL Law Firm has really deep knowledge in real estate in general and real estate development matters. Helen Alexiou, together with Eleftheria Vassila comprise a very unique team that may handle almost every matter related to real estate (i.e. from recommendations on potential change in law matters / estimation of legal risks in controversial legal issues, until regulation and legal advice on development of really huge, pioneering and unique assets).’

‘Helen Alexiou and Eleftheria Vassila are always reachable, friendly and willing to suggest legal solutions in very controversial legal matters. They always provide an in-depth analysis of the legal matters they have been assigned with, and do not hesitate to say “no” to clients in cases the clients’ legal risk is really high, and the proposed solutions only arise a “grey zone”.

‘The team has a holistic understanding of the myriad of laws surrounding real estate purchase and development in Greece. The team has a great network with lawmakers and authorities to discuss and negotiate practical solutions that result in win-win solutions for the State and the developers.’

‘Helen Alexiou is a hands-on lawyer with vast experience in the field and with an ability to describe the roadmap that needs to be followed to arrive at a successful outcome. Her understanding of the core issues and the ways to interpret laws so as to ensure applications are properly drafted are key in obtain the results in a timely manner. Her communication skills in Greek and English are excellent and her personality is very open and straightforward in a personable manner. ’

‘Emphasis on experience but also on the personal relationship. Constantinos Alexiou is extremely approachable for his level, Helen Alexiou very accessible and available – both great professionals. The extremely thorough support and research by Eleftheria Vassila has been impressive. ’

‘Commitment & Honesty are the Firm’s biggest strengths. Knowledge and Experience are also notable.’

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



MSC Cruises


Werealize S.A.

White Mulberry S.A.

AK Lane S.A.

Alpha Bank S.A.

The Grid S.A.

Ballian Technical S.A.

Grecian Magnecite

Gnosis Investments

Work highlights

  • Advised Alpha Bank on an acquisition and development financing relating to the acquisition by Goldman Sachs Asset Management of five-star and four-star hotels.
  • Advising Lamda on the sale of a large office complex and a separate high-rise office building, which are part of the Hellinikon Development.
  • Advising Lamda on the sale of a retail park, which is part of the Hellinikon Development.

Karatzas & Partners

Counting international financial institutions and real estate development corporations among its clients, Karatzas & Partners draws upon its ‘great knowledge of the market’ when delivering bespoke advice on M&A and project finance deals. With in-depth experience in handling high-profile urban development initiatives and PPP projects, the team routinely builds ‘long-term relationships’, with Athens-based practice head Vassiliki Salaka bringing 22 years of experience in the real estate sector to the group. Christina Faitakis focuses on the finance aspects of development projects, while Argyro Vagia and Alexandros Anagnostopoulos are knowledgeable on leasing and corporate issues.

Practice head(s):

Vassiliki Salaka

Other key lawyers:

Christina Faitakis; Argyro A. Vagia; Alexandros Anagnostopoulos; Athena Economou


‘Excellent collaboration, team with strong knowledge.’

‘A well-established law firm in Greece, with huge experience in certain sectors, such as Banks/FSI and Energy. They have been involved in most NPL portfolio deals in Greece (amongst other).’

‘Work ethic, great knowledge of the market, good business perspective and understanding. Very accountable professionals.’

‘Excellent knowledge in the particular sector, with a focus on minor details that can have an impact on a deal. Great collaboration between the lawyers and the technical individuals in the case handling. Exceptional drafting skills. ’

‘They are extremely specialized in the particular field, with great research skills and they dig deep into the background of the facts. They combine their legal knowledge with technical skills. Amazing results. ’

‘Karatzas & Partners’ commitment to long-term relationships transcends mere legal representation; it signifies a profound partnership built on trust, reliability, and an unwavering pursuit of client success. They adopt a transactional approach to client relationships and their legal team comprises seasoned veterans who have successfully navigated the most complex and challenging legal landscapes.’

‘In-depth knowledge of the market and expertise obtained through the implementation of extremely complex transactions.’

‘Vasiliki Salaka has a broad expertise in the area of real estate, advising on traditional asset acquisitions, as well as complex structurings and financings. She is always responsive, ready to provide solutions and business oriented.’

Key clients

Lamda Development S.A.

Alpha Bank S.A.

National Bank of Greece S.A.

H&M Hennes & Mauritz

Eurobank S.A.

Helleniq Energy S.A. (former Hellenic Petroleum S.A)

Prodea Real Estate Investment Company (former NBG Pangaea REIC)

Hellenic Public Properties Company SA (ETAD)

Helleniq Renewables S.M.S.A. (former Hellenic Petroleum Renewable Energy Sources S.A.)

Eurobank Leasing S.M.S.A.

RWE Renewables GmbH

Piraeus Bank

Wirtgen Invest Holding GmbH

European Investment Bank

Work highlights

  • Acting as Greek advisors to Lamda Development on the financing of Project Hellinikon, a pioneering urban park which is currently being implemented.
  • Acting as legal counsel of Alpha Bank in respect of Project Skyline, a transaction that involves the selection by Alpha Bank of a strategic partner to pursue a joint venture in the Greek real estate market.
  • Advised SMERemediumCap, Latonia Enterprises Company and WHG Europe (in consortium) on submitting a binding offer and acquiring the Project Tethys Portfolio, a portfolio of secured hotel NPL assets offered by Intrum and three securitisation SPVs.

Koutalidis Law Firm

The real estate specialists at Koutalidis Law Firm are ‘knowledgeable and very professional’, offering extensive experience in all steps of public tenders, project finance proceedings and construction agreements. The team is active in the real estate corporate sphere, dealing with M&A transactions and joint ventures, and routinely advising clients on regulatory compliance measures. In Athens, Gregory Logothetis and Ioannis Kaptanis lead the group, with the former being an expert in construction disputes, and the latter focusing on leases and transfer issues. Dora Karagiorgou concentrates on civil law matters. Manolis Kasotakis and Athina Xynopoulou are also noted.

Practice head(s):

Gregory Logothetis; Ioannis Kaptanis

Other key lawyers:

Dora Karagiorgou; Manolis Kasotakis; Athina Xynopoulou


‘Experts in their field that always provide accurate and pragmatic advice even for complex issues.’

‘I’d highlight Theodora Karagiorgou – for being responsive, proactive and expert in her field.’

‘Professionalism. Industry know how. Client oriented.’

‘Communication skills. People skills. Responsiveness. Judgement.’

‘The Team was knowledgeable and very professional in their communication.’

‘Knowledge and professionalism makes them stand out from competition.’

Key clients



McArthurGlen Group

Fraport Greece

Abertis Infraestructuras S.A.

Lamda Development

GMR Group Limited

GMR Airports Greece Single Member S.A.


Aktor Concessions S.A.


Development of New Alimos Marina S.A.

Aegean Motorway S.A.

Maliakos Kleidi Construction Joint-Venture


Athens Concert Hall

National Bank of Greece

Piraeus Bank S.A.

Alpha Bank S.A.

Eurobank 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

Work highlights

  • Advised the HRADF 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.
  • Represented Fraport Greece, affiliate of Fraport AG, in ICC arbitration against the Greek state concerning maintenance of the airports by the Greek state.
  • Represented Aegean Motorway in arbitration proceedings pertaining to a multimillion dispute against the Greek state relating to the issuance of an operation permit for the biggest motorway tunnels in the Balkan region.

Lambadarios Law Firm

Adopting an ‘efficient and pragmatic approach’, the Lambadarios Law Firm real estate practice routinely assists domestic and international clients in the creation of REICs, strategic acquisitions and property development matters. The team has vast expertise in the renewable energy space, frequently handling energy storage projects in development and joint ventures. In Athens, Constantinos Lambadarios oversees real estate-related transactions; Melina Katsimi focuses on company formation; and Sofia Alonistioti specialises in issues arising in the energy sector. Prokopis Dimitriadis acts on behalf of institutional investors and large corporates, while Konstantina Siozou is knowledgeable on loan restructurings.

Practice head(s):

Constantinos Lambadarios; Melina Katsimi; Sofia Alonistioti

Other key lawyers:

Prokopis Dimitriadis; Konstantina Siozou; Margarita Kontogeorgou; Matina Tsopela; Katerina Gini; Katerina Antonelou


‘Lambadarios Law firm has a very efficient and pragmatic approach to handling transactions and complex situations. Overall great team with strong experience and coverage of real estate and construction markets. What sets them apart is a level of responsiveness – they have a commercial approach to documentation and negotiations and are generally able to turn work around quickly and efficiently.’

‘The team is incredibly responsive, approachable, and always manages to make the complicated simple and deliver quick and clear advice.’

‘Prokopis Dimitriadis has excellent knowledge of the market. He is a very experienced and client friendly lawyer, who is always on top of any issues that arise. He manages to make the complicated simple, and deliver quick and clear advice.’

Key clients

BRiQ Properties REIC

Hellenic Public Properties Co.

Brook Lane Capital


Cepal Hellas Single Member S.A.

Procter & Gamble (P&G)

Fotowatio Renewable Ventures


Matrix Pack


LSF XII Investments, LLC

Nofar Energy


Work highlights

  • Assisted Piraeus Bank with the preparation and signing of an Asset Management Agreement with Brooklane in relation to the management of a portfolio of real estate assets.
  • Advised BRiQ Properties REIC on the merger by absorption of Intercontinental International (ICI) REIC, through a multi-phase transaction creating a listed REIC on the Athens Stock Exchange.
  • Acting as counsel for HPPC in the arbitration proceedings initiated by LAMDA FM.


Providing comprehensive real estate law support, the ‘highly experienced’ real estate outfit at POTAMITISVEKRIS specialises in overseeing major development and urban projects, in tandem with providing zoning and environmental law advice. The team has significant expertise in representing domestic and international clients throughout tender bidding processes, with Athens-based practice head George Bersis being an expert in the hotel and leisure sector. The ‘very proactive’ Theologos Mintzas is knowledgeable on property management and development matters, while Iliana Nikolaidi focuses on asset acquisitions and is another key member of the ‘resilient and adaptable’ team.

Practice head(s):

George Bersis

Other key lawyers:

Theologos Mintzas; Iliana Nikolaidi; Maria Perifanou


‘A highly experienced team which delivers results in the most efficient way. Business oriented, with services that create value. ’

‘Theologos Mintzas: very proactive, knowledgeable on the Greek real estate market, natural in communication.’

‘Concise reports- to the point yet thorough, attention to detail, prompt, easy access to partner when required.’

Key clients

Eurobank SA

Indotek Group

Philosophish SA

Emma Capital Management

Dimand SA

GEK Terna SA

Arrow Resources AG

Lafarge Beton (Holcim Group Services)

Alpha Bank

Lamda Development 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

Ikos & Sani SA

Mitsis Group

Oaktree Capital Management



Premia Properties

Azora FCR

Work highlights

  • Supported Sani/Ikos LBRI in the vendor’s due diligence in the hotels of the company in Greece.
  • Supporting a consortium of Dimand, 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.
  • Advised HRADF on the tender process regarding the privatisation of a former US military base.

Andersen Legal - Pistiolis - Triantafyllos & Associates Law Firm

Acting on behalf of Greek and international real estate and construction players, the Andersen Legal - Pistiolis - Triantafyllos & Associates Law Firm team is highly regarded for its energy sector construction and project finance expertise. The practice frequently supports clients on the development and construction of trophy infrastructure projects, with Athens-based practice head Vanita Kiriakouli ‘delivering fast results’ in joint venture and real estate transactions. Theodore Pistiolis specialises in the employment, energy and construction sectors, while Georgia Gkliaou is an accredited mediator and handles urban planning issues.

Practice head(s):

Vanita Kiriakouli

Other key lawyers:

Theodore Pistiolis; Georgia Gkliaou


‘The whole team is always fast, effective, exceptionally responsive, and delivers value for money. The combination of corporate/transactional & real estate law expertise is unbeatable and verifies their excellent market reputation. The services provided by Andersen Legal are of high quality, with a deep understanding of the construction sector and business environment.’

‘Vanita Kiriakouli has an eye for detail, she is efficient, always available working in strict timelines yet delivering. She and their team provide us with all necessary backups to our organization.’

‘We have a long-lasting cooperation with the firm. They demonstrate a high level of professionalism and a client-centric approach. They take the time to understand their clients’ needs and provide tailored solutions that are both effective and efficient. This level of attention is rare in the legal field, and it truly sets this firm apart. The team’s strengths lie in their ability to think creatively and strategically. They can come up with innovative solutions to complex legal problems, all while keeping their client’s best interests in mind. Their key capabilities include their expertise in a wide range of legal areas, including corporate law, real estate law, and employment law.’

‘There are several stand-out partners lawyers who are working in an effective way and in collaboration with us, ensuring that the results will be excellent. Vanita Kiriakouli is probably the best attorney in real estate matters. Tough negotiator, with deep knowledge of the market and real estate law issues. Delivering excellent results and making sure that transactions will end successfully for her clients!’

‘We had the pleasure of working with Andersen Legal mainly on real estate and corporate-related legal matters. We were thoroughly impressed with their level of professionalism and expertise. From the very beginning, it was clear that they had a deep understanding of the intricacies of real estate law and could provide us with the guidance and support needed to navigate the complex legal landscape.’

‘Throughout the entire process, the team was always available to answer our questions and address our concerns. They went above and beyond to ensure that everything was set and nothing was left behind. Their expertise, attention to detail, and commitment to client satisfaction make them an excellent choice for anyone looking for top-notch legal representation in this field.’

‘The team leaders, Vanita Kiriakouli & Theodore Pistiolis offered excellent services; they were always looking for business-oriented solutions and were effective, reactive and practical.’

‘We greatly appreciate the high-quality work, clarity, and promptness of the people of Andersen Legal Greece. We have worked with them on highly demanding projects and received excellent results every time. Vanita Kyriakouli has vast experience and can deliver fast results in even the most challenging legal issues. Theodore Pistiolis is an exceptionally capable and experienced lawyer, with unparalleled negotiation and communication skills. His contribution to the resolution of complex matters has been catalytic. ’

Key clients

Green Volt




Pyramis S.A.

2002 ATE

Top Properties S.A.


GM Solar-PV Tech-Perseus J/V

Work highlights

  • Advised Lamda Development on the acquisition of R1 Energy group of companies.
  • Advised 3 Sororibus Magnifico on the acquisition of land.
  • Advised GM Solar-PV Tech-Perseus JV on the real estate due diligence related to the construction of a 180MW photovoltaic park in Lamia, Greece.

Bernitsas Law

With a successful track record in advising on complex corporate transactions, ownership structures, developments and financings, the Athens-based Bernitsas Law real estate team shows ‘exceptional immediacy’ in responding to its international and domestic clients. The practice routinely acts in hospitality, residential and office space developments, with the leading duo of Panayotis Bernitsas and Lambros Belessis being experts in infrastructure projects and corporate restructuring. Eleni Gerasimidou focuses on construction and leasing issues, and Christina Zakopoulou acts for investors, private equity funds and developers.

Practice head(s):

Panayotis Bernitsas; Lambros Belessis

Other key lawyers:

Eleni Gerasimidou; Christina Zakopoulou


‘International profile, quality of service, knowledge of the real estate market.’

‘Eleni Gerasimidou has shown a very strong expertise and knowledge of the market, together with a great capability to understand the company’s needs. Furthermore, her flexibility has been a success factor in order to deliver the service on time and when needed. Finally, the communication with an international company has always been very effective and fully aligned to the company’s needs.’

‘There is exceptional immediacy in the response to any question, communicative, excellent knowledge of their subject. Reasonable in billing hours.’

Key clients

Astir Group

GIC Private Limited Sovereign Fund

Intrum Hellas


Red Circle Srl

SMB Capital

Work highlights

  • Advised GIC on its strategic partnership with Sani/Ikos Group, making GIC the leading shareholder alongside Sani/Ikos’ management team.
  • Advised ASTIR, owner of the Astir Palace Vouliagmeni Hotel, with regards to the sale of premium vertical properties in the high-end area of Mikro Kavouri, Vouliagmeni, Attika, Greece.
  • Advised Red Circle in relation to its long-term lease of a large office building in the centre of Athens to a Greek hotel group which plans to develop the property into a luxury hotel.

Dryllerakis & Associates

The Dryllerakis & Associates real estate practice offers bespoke advice on zoning, planning and licensing, while leveraging its expertise in tax and litigation to provide a comprehensive service to its clients. Renowned for its ‘quality of work’ and ‘availability’, the team represents clients throughout tender processes relating to leases and transfers of land, along with project financing issues. Maria Stoumpidi and Stella Yannika lead the group from Athens, specialising in planning investments and project finance. Eleftherios Rantos focuses on environmental and construction law matters, while Panagiotis Georgiopoulos concentrates on real estate disputes.

Practice head(s):

Maria Stoumpidi; Stella Yannika

Other key lawyers:

Eleftherios Rantos; Panagiotis Georgiopoulos


‘The general approach is one of a wish to understand the client’s thinking in parallel with an in-depth assessment of the issue under consideration. There is also a clear philosophy to try and give value for money, not just a fee machine.’

‘Expertise, quality of work, availability.’

‘My experience has shown that the people with whom I am involved know when the principle is more important than the details and, more importantly, vice versa.’

Key clients

Beiersdorf Hellas S.A.

Chalyps SA

Dimera Group

Etad (Public Properties Company)

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

  • Acted for Hellenic Casino Parnitha in the relocation of Casino Mont Parnes from its current mountaintop location to an urban site.
  • Acted as the main legal advisors to Minoan Group (Loyalward) in the zoning, planning and strategic advising for a major tourism project in Greece.
  • Advising a client in the context of the tender process for the expansion of container terminal (Pier 6) of the Port of Thessaloniki.

KLC Law Firm

Handling cross-border M&A transactions and major development projects, KLC Law Firm's real estate department is highly regarded by its international and domestic clients. The team frequently deals with construction and redevelopment initiatives, overseeing all aspects, including drafting commercial agreements and managing licensing issues. Thomais Christodoulopoulou and Ioanna Lazaridou lead the Athens-based practice, bringing extensive expertise in the hospitality and tourism industries to the group.

Practice head(s):

Thomais Christodoulopoulou; Ioanna Lazaridou

Other key lawyers:

Kostas Kotoulas


‘We are always very pleased with the excellent service and professionalism of the expert legal team in real estate field. Overall, we appreciate the effort, commitment and dedication of the team in representing my company’s interests.’

‘The team showed great commercial understanding throughout a very long and detailed contract negotiation.’

‘Kostas Kotoulas – deeply knowledgeable and excellent to work with.’

Key clients

Grivalia Hospitality SA

Domes Resorts Group

Stadio 2020

Nafsika SMSA

Azoe Resorts SMSA

Piperi Hotel SMSA

Ermionida SA

Cerved Property Services S.A.

Aroundtown Holdings

Work highlights

  • Advising Nafsika SMSA, a subsidiary of Grivalia Hospitality, in relation to the contractual arrangements for the development and construction of the O&O Aesthesis project, a major project in the Athens Riviera.
  • Advising Stadio 2020 on the renovation, redevelopment and management of the Olympic tennis centre (Spyros Louis) at OAKA (Athens Olympic Sports Complex).
  • Advising Ermionida on the licensing and operation of the Porto Heli Marina.

Kyriakides Georgopoulos Law Firm

Offering industry specific expertise in real estate segments, including tourism and leisure, energy and utilities, as well as banking and finance, the Kyriakides Georgopoulos Law Firm team regularly acts on behalf of financial institutions, institutional investors and high-net-worth individuals. The practice routinely handles the acquisition of properties on behalf of international corporations and private equity funds, with practice co-heads Elizabeth Eleftheriades and Kimon Tsakiris focusing on all aspects of construction and financing transactions. Theodore Rakintzis concentrates on real estate acquisitions, and Eleni Iconomidou handles planning issues.

Practice head(s):

Elizabeth Eleftheriades; Kimon Tsakiris

Other key lawyers:

Theodore Rakintzis; Eleni Iconomidou; Penny Oikonomopoulou; Katerina Pipertzi; Efthymia Pragianni; Maria Manoli; Marianna Tsatsanifou

Work highlights

Papapolitis & Papapolitis

Advising on the development, construction and financing of high-profile real estate projects, Papapolitis & Papapolitis is highly regarded for supporting international corporations and global investment firms. Demonstrating broad expertise across the commercial, residential and hospitality sectors, the Athens-based practice is co-headed by John Papapolitis, Nicholas Papapolitis and Evi Tsilou. All three specialise in the infrastructure and gaming spaces, with a specific focus on privatisation transactions and due diligence reviews. Panayiotis Papageorgiou is knowledgeable on development projects, while Konstantina Tsourouni concentrates on commercial law matters.

Practice head(s):

John Papapolitis; Nicholas Papapolitis; Evi Tsilou

Other key lawyers:

Panayiotis Papageorgiou; Konstantina Tsourouni; Elmina Chadio


‘The team has good knowledge in real estate transactions with demanding assets with complex legal problems that require solutions. ’

‘Elmina Chadio and Panagiotis Papageorgiou are able to handle really complex cases, with rare legal problems, and are able to provide solid solutions.’

Key clients

Lamda Development S.A.

Soho House

Olayan Group

Piraeus Bank

Prodea Investments REIC

Fidera Group

Brooklane Capital Management

Fortress Investment Group

Varde Partners

Invel Real Estate Group

Work highlights

  • Advising Lamda Development in relation to the completion of two strategic cooperation agreements for the joint development of two luxury 5-star hotels and the corresponding branded residences.
  • Advising Lamda Development on the €110m acquisition of McArthur Glen Hellas, the owner of McArthur Glen Designer Outlet.
  • Advising Taconic Capital Advisors UK with respect to the acquisition of the ex-Costa Perla Hotel located in Porto Heli, Greece, and the demolition, planning and construction of a complex tourist accommodation.


Continuing to advise its high-profile clients in the area of construction and property development projects, the Sarantitis practice specialises in both the contentious and transactional sides of the real estate market. The team frequently supports domestic and international clients in litigation relating to construction and commercial lease agreements. Practice head Gregory Vlachos is an expert in commercial transactions and tax matters; Dorotheos Samoladas focuses on M&A and corporate restructurings; Alexandros Metaxas concentrates on civil litigation; and Dionysia Gamvrakis is knowledgeable in insurance law.

Practice head(s):

Gregory Vlachos

Other key lawyers:

Dorotheos Samoladas; Alexandros Metaxas; Dionysia Gamvrakis; Villie Sarli; Charis Anastasopoulos; Panagiotis Deligiannis; Leonidas Panagopoulos


‘We have worked with the Real Estate and Construction team at Sarantitis for years and the firm’s core expertise in this field is spread across all forms of leasing, title ownership, sale and purchase of land and plot development, and we feel confident that they are looking out for our interests.’

‘Leonidas Panagopoulos: His assistance and ability to focus on the important aspects of each case has proven very beneficial for our company. He is always well prepared and knowledgeable of the task to be undertaken.’

Key clients

Hildegard A. Hoevel/ Law Firm Hoevel and Colleagues


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 real estate property.
  • Acting on behalf of the Greek subsidiary of Iberostar Group in the context of a dispute with Mamidakis Group regarding hotel management agreements.
  • Representing Charamida Investments Group in the development of a plot of buildings in the Athenian Riviera with a value of €2.5m approximately.

Tsoukala and Partners Law Firm

Representing financial institutions, private equity funds and property developers, the real estate team at Tsoukala and Partners Law Firm covers the full spectrum of transactions, including regulatory compliance aspects, hotel acquisitions and land sales. The practice serves Greek and international clients in cross-border real estate investments, with particular knowledge in the construction, banking and tax spheres. In Athens, Eleni Tsoukala heads the group, being an expert in regulations governing real estate investment companies. Ioanna Moumtzoglou focuses on the hospitality sector.

Practice head(s):

Eleni Tsoukala

Other key lawyers:

Ioanna Moumtzoglou

Key clients

The Alpha Bank Group


Sidley Austin

The Viohalco Group

The Olayan Group

Prodea Real Estate Investment Company Société Anonyme

MMG Development S.A.

KMG Development S.A.

Work highlights

  • Advised a real estate company in Greece on the multimillion-euro acquisition, renovation and further development of a hotel complex located on a Greek island.
  • 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.

Zepos & Yannopoulos

Zepos & Yannopoulos assists clients in solving civil, town planning and regulatory issues, along with high-value land acquisitions. The team possesses several real estate tax experts, with Marina Allamani specialising in corporate income tax and real estate transfer tax proceedings. Sonia Melegou is an ‘exceptional’ lawyer, focusing primarily on the hotel and leisure sector. Charikleia Vlastou advises on construction and design agreements, and Mary Georgiou has ‘wide experience’ in residential lease agreements. Since publication, Nikos Christoforidis left the firm.

Practice head(s):

Sonia Melegou; Marina Allamani

Other key lawyers:

Charikleia Vlastou; Mary Georgiou; Anastasia Veneti Pagoni


‘Sonia Melegou is an exceptional law professional with extremely deep knowledge of the real estate sector. She is always flexible and eager to provide solutions. Mary Georgiou has a wide experience and is an exceptionally supportive collaborator. Anastasia Veneti is an excellent colleague, full of expertise. Anastasia Aptalidi provides prompt and efficient feedback on the legal issues raised.’

‘We would say that their comparative advantage is the expertise of the company’s partners and associates in various areas of law, but above all the ability to synthesise all these areas in order to comprehensively deal with all the clients’ issues, of course always with their needs in mind. ’

‘The level of expertise is excellent in all areas of law and they can also combine the needs of the legal support by different teams efficiently and successfully. They create trust and credibility in any cooperation. They also accommodate easily the business targets and the established politics and procedures. My reference is based on my great collaboration with Sonia Melegou, Marina Allamani, Paris Tzoumas, Dimitra Androulakaki. ’

‘The team is exceptional, always available for a discussion of the matter and the advice and ready to answer any question. They have vast experience in the real estate sector and can assist successfully in the sale and purchase or the lease of a property. The billing scheme is flexible, according to each client’s needs and type of required work. ’

‘Sonia Melegou is great as a lawyer and as an individual. Together with the associate Mary Georgiou, they were always available for a chat and worked perfectly with the engineers and the notary in order bring the deal to a good and fair contract for both sides.’

‘Z&Y is a full-service firm offering multinational client a one-stop-shop for Greek market legal services across different areas and with the professional standards of a global firm.’

‘Mary Georgiou and Sonia Melegou are both available and able to solve legal issues raised in the context of a real estate transaction.’

‘In our view the best real estate team in law firms in Greece. Collaboration is flawless, as they take over ownership of deals and cooperate with internal and external stakeholders as well as counterparty’s stakeholders to deliver the deal as final.’

Key clients

Premier Capital

Club Mediterranee

Stavros Niarchos Foundation


Hili Properties

Reale Group

Ficus Investments


Brook Lane Capital

Bain Capital Partners

Work highlights

  • Acted as legal counsel to Premier Capital and conducted due diligence on a property in Dionysiou Areopagitou Ave. under the Acropolis.
  • Advised Grivalia, acting as manager of Eurobank, on the acquisition of a landmark multi-storey building in central Athens.
  • Represented AP Wireless in the purchase of properties in a key building in Kifissias Ave., with exclusivity rights over parts of the rooftop leased to telecom providers.

AP Legal

Counting international pharmaceutical and energy companies among its clients, the highly regarded AP Legal practice is consistently involved in large-scale real estate projects. The team handles complex lease agreements, land acquisitions and project finance matters, with practice head Aris Papaspyridis demonstrating ‘responsiveness, efficiency and commitment’ when representing clients in transactional work relating to residential and commercial properties.

Practice head(s):

Aris Papaspyridis


‘AP Legal’s knowledge in supporting its clients in real estate transactions is exceptional. The real estate & property team is very knowledgeable with a very good sense of the Greek market, its legislation and regulations. We are working for a long time with them and we are fully satisfied with the level of support they are providing.’

‘Aris Papaspyris: I appreciate his responsiveness, efficiency and commitment to the client. Independently of the size of transaction, Aris and his team are giving the same level of diligence and professionalism in supporting their clients and the projects. Legal skills combined with business sense is AP Legal’s perfect combination for the provision of its high-quality legal service.’

Key clients

















Work highlights

  • Representing and advising PFIZER on a wide range of real estate matters related to its leased premises in Greece.
  • Represented EUCLID TRANSACTIONAL UK in its offering of insurance against representations and warranties in real estate deals including transfers of real estate assets in Greece.
  • Represented SUNRIDER Single Member during the negotiations of the engineering, procurement and construction agreement concluded in terms of the its investment in Project Delfini.

Avramopoulos & Partners

Described as ‘organised and approachable’, the real estate team at Avramopoulos & Partners specialises in negotiating construction projects, along with acquisitions and developments of hotel initiatives. Vassilis Avramopoulos has vast experience in handling issues in the construction, hotel and leisure industries; Vicky Kolintza focuses on property acquisitions; and Yanna Antonopoulou is an expert in the travel and leisure sectors. Eleftheria Bagouraki is also highlighted as a key member of the team.

Practice head(s):

Vassilis Avramopoulos; Vicky Kolintza; Yanna Antonopoulou

Other key lawyers:

Eleftheria Bagouraki; Barbara Angelopoulou


‘The A&P 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.’

‘Strengths of the team include: Organised but approachable – the company combines a sense of closeness to the client while at the same time being professional. Creates strong sense of trust and loyalty – Broad scope of services and support provided – Seamless process – the interaction during a recent project was enough to ensure that it was completed efficiently without the need for excessive comments & calls which would unnecessarily increase costs.’

‘Strengths of Barbara Angelopoulou include: Availability and communication. Balance between commercial and legal – on a number of occasions she was able to advise me on the legal risks but at the same time propose commercial solutions to move the project forward in a matter that best protected my interests.’

Key clients

Hard Rock International

Karma Group of Companies

Work highlights

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


Headed by the Athens-based trio of Panagiotis Drakopoulos, Mika Lalaouni and Georgia Konstantinidou, Drakopoulos regularly assists real estate developers and investors in all types of development and planning. Demonstrating broad expertise across the commercial, residential and hotel spheres, the department specialises in handling large-scale cross-border deals, M&A and joint venture transactions, and employment law matters. The team is highlighted for its ‘thorough knowledge’.

Practice head(s):

Panagiotis Drakopoulos; Mika Lalaouni; Georgia Konstantinidou


‘Drakopoulos offers a thorough knowledge and full understanding of both the legal system and the right market practices that enhance a project efficiency and optimise the clients’ procedures. ’

‘All individual members of the Drakopoulos team that have worked with our company show a distinctive professionalism, reliability and ethical behaviour. Panagiotis Drakopoulos leads the company and inspires the organisation culture.’

Key clients

Pepco Poland

Reckitt Benckiser Hygiene Home

Brook Lane Capital

TUI Group


Gradista Real Estate Fund


Kiwi Uno

Streem Global

Silkmill Trading

Ippon Real Estate

Victini Logistics Park

Bracer Properties II &III


Work highlights

  • Advised Brook Lane Capital on all respects related to the maintenance of its entire portfolio of real estate assets, via a holding structure of over 20 companies in Greece, Cyprus and Luxembourg.
  • Advising Streem Global with respect to the acquisition of an industrial and logistics real estate property.
  • Representing Bracer Properties II & III in twelve multimillion cases.

Ioannis Vassardanis & Partners

Specialising in the construction, engineering and hospitality industries, Ioannis Vassardanis & Partners utilises its ‘deep knowledge’ when advising financiers, project sponsors and contractors. Operating out of Athens, the ‘exceptional’ Ioannis Vassardanis heads the real estate team, bringing expertise in international arbitration proceedings and investments, while Eleni Tsakri provides ‘results of high quality’ to local and multinational companies.

Practice head(s):

Ioannis Vassardanis

Other key lawyers:

Eleni Tsakri


‘Ioannis Vassardanis & Partners excels in the practice in the real estate and construction sector. The teams are composed of excellent lawyers with deep knowledge of the sector and accurate, sharp and high level of legal advice. Willing to go the extra mile to help with the issue at hand.’

‘Ioannis Vassardanis is an exceptional lawyer with sound and outstanding knowledge of real estate & construction law, practice and regulation. His skills, knowledge and personal quality are precious for any company. He is extremely knowledgeable with strong business acumen.’

‘Eleni Tsakri is an exceptional lawyer. Her knowledge, attitude and way of working really make Eleni stand out in the market. Her commitment and support are unique.’

‘Throughout its engagement, the team demonstrated a high level of expertise in the real estate sector, as well as the relevant legal framework. In several instances, it became apparent, though we never had any doubts, that the team possesses a deep understanding of the relevant market knowing every aspect of the matters concerned. As is always the case with I. Vassardanis & Partners Law Firm, communication was always without problems and punctual.’

‘Regarding the individuals, I was truly impressed by the fact that Mr Vassardanis’ legal advice was always business oriented. Most importantly, what I truly valued in the individuals was that they were always available to discuss any issues that arose and any queries I might have had.’

‘Long term cooperation with Ioannis Vassardanis & Partners, having deep knowledge of our company’s business areas, being client oriented and delivering on-time and on-quality.’

‘Excellent collaboration with Eleni Tsakri, always exhibiting teamwork spirit, demonstrating professionally and providing feedback and results of high quality on time.’

Key clients



Work highlights

Norton Rose Fulbright

With a strong offering in the acquisition, financing and development of top-end hotels, the Athens-based Norton Rose Fulbright practice routinely acts on behalf of major financial institutions and renewable energy corporations. Elena Tsohou specialises in M&A in the financial services sector, while Vassilis Koroxenidis is an expert in energy and infrastructure matters. Dimitris Rampos focuses on project finance issues, and Nikos Anagnostopoulos is knowledgeable in privatisations.

Practice head(s):

Elena Tsohou

Other key lawyers:

Vassilis Koroxenidis; Dimitris Rampos; Nikos Anagnostopoulos

Key clients

Fenix Golf Hotel

RWE Renewables

U.S. Trust

Work highlights

Sagias and Partners Law Firm

Covering both the litigious and transactional sides of real estate, the team at Sagias and Partners Law Firm includes specialists in the construction and development of major commercial and tourism centres. The practice frequently advises clients throughout tender procedures, especially those relating to urban regeneration initiatives in Europe. In Athens, the firm’s founder Spyros Sagias is an expert in privatisation processes, while Sotiris Perivolarakis has 25 years’ experience in dealing with civil and criminal litigation.

Practice head(s):

Spyros Sagias

Other key lawyers:

Sotiris Perivolarakis; Eleni Siouti; Eleni Mamai

Key clients



Mistraya Holdings Co. Ltd



Aplekton Holdings Co. Limited

ISV Architects SA (ISV S.A.)


Philippos Tsitseklis

Union Star Ltd

Ariane & Daphne Tapinos

Ekaterini Koskina

Work highlights

  • Advised a client regarding its participation in the Hellenic Republic Asset Development Fund (HRADF) tender for the exploitation of the Markopoulo Olympic Equestrian Centre through a long-term lease.
  • Assisted in a major investment project involving the acquisition of 14.500.000 sq.m. on the island of Zakynthos.
  • Advised the Commercial Center One Salonica, owned by Citygate, a company active in the construction and development of commercial real estate.


The KBVL real estate practice advises institutional and private investors, hotel companies and commercial developers on all aspects of development planning and leasing agreements. The team routinely identifies investment opportunities and handles cross-border real estate transactions, as Athens-based practice head Ilias Koimtzoglou has vast expertise in financing and licensing matters. Having joined the firm in January 2023, Vasiliki Karga Kampani focuses on acquisitions and leases of portfolios. Ioannis Vidalis regularly participates in legal due diligence exercises.

Practice head(s):

Ilias Koimtzoglou

Other key lawyers:

Vasiliki Karga Kampani; Ioannis Vidalis


‘Good firm.’

‘Good knowledge.’


Key clients

Astir Marina Vouliagmenis

SAAB Aktiebolag


Hellenic Shipyards

Hellenic Train – Ferrovie Dello Stato Italiane Group

Legendary Food

Vantage Towers Greece

Work highlights

  • Advising Astir Marina Vouliagmenis with a multimillion-euro real estate project regarding the development of a marina.

Moussas & Partners Attorneys at Law

Advising on the full spectrum of real estate transactions, ranging from acquisitions, development, planning and construction, the multidisciplinary team at Moussas & Partners Attorneys at Law frequently acts on behalf of financial institutions and investment trusts. Vassilios Moussas has vast expertise in representing local and international clients in real estate and insurance-based court proceedings, while Charalampos Kondis specialises in M&A and commercial litigation. Nikos Sakkas focuses on complex investment projects, and Eirini Kontrafouri is knowledgeable in real estate transactions.

Practice head(s):

Vassilios Moussas


Other key lawyers:

Charalampos Kondis; Nikos Sakkas; Eirini Kontrafouri


‘They cover the full spectrum of contentious and non-contentious matters of the relevant practice area. They have proven significant experience and have provided very good and proactive advice several times in the past.’

‘Very knowledgeable in legal and business aspects of the relevant matters. Always available. Price sensitive.’

Key clients



Work highlights

  • Provided ongoing advice to a corporate client specialising in digital infrastructure aiming to expand its business in the Greek market, on the potential acquisition of a real estate property.
  • Represented METKA as the preferred bidder in litigation before the Council of State to challenge the tender award that ERGOSE announced for the construction of the Kiato-Rododafni railway.
  • Retained by the Greek State during 2011-2015 to assist the Hellenic Republic Asset Development Fund (HRADF / TAIPED) with the privatisation of Greece’s real estate properties.

Platis – Anastassiadis & Associates Law Partnership

With expertise spanning the entire property life cycle, including joint ventures, financing and development, Platis – Anastassiadis & Associates Law Partnership draws upon the global EY Law network to offer cross-border support in due diligence and transactions. Based out of Athens, Eirinikos Platis heads the real estate practice, regularly advising international and domestic clients on the structure of their acquisitions and financing, while Paola Mammou focuses on real estate projects for either commercial or residential use.

Practice head(s):

Eirinikos Platis

Other key lawyers:

Paola Mammou

Key clients

Hellenic Republic Asset Development Fund (HRADF)

WFC Greece 1 Single Member Société Anonyme

G. Lazaridis Marmor S.A. Under Special Administration


Maria AVEE Under Special Administration

Alpha Kentavros Real Estate Société Anonyme

FESSAS S.A. Under Special Administration

TEMKA S.A. Under Special Administration

Hellenic Vehicle Industry S.A. (ELVO)

Work highlights

Sioufas & Associates Law Firm

Offering ‘comprehensive advice’ and ‘sound solutions’ to its domestic and international clients, Sioufas & Associates Law Firm specialises in land acquisitions, hotel management agreements, and the construction aspects of major real estate projects. In Athens, George Sioufas and Neoklis Neokleous have expertise in conveyancing cases and complex financing transactions, while Aikaterini Gkana is an expert in financial lease agreements.

Practice head(s):

George Sioufas; Olga Eftychidou; Neoklis Neokleous; Aikaterini Gkana

Other key lawyers:

Maria Pavlou; Aggeliki Montesantou; Evanthia Grigoriou; Athanasia Vaiopoulou



‘Sioufas and Associates Law Firm has proved to be a trusted business partner and not just an expert legal advisor. Their corporate and real estate team is highly sophisticated, assisting us throughout all our corporate projects/activities by providing tailor made advice on our day-to-day or complicated corporate and real estate issues. The said team is always readily available, accommodating our requests in a speedy and efficient manner.’

‘Its people are cooperative and kind and have the required qualifications for the job.’

‘We highlight Neoklis Neokleou, Katerina Gkana, Evi Grigoriou and Nasia Vaiopoulou as they are highly skilled and very experienced lawyers, always efficiently responding to our business requests. They follow up on any issue addressed to them and stand out for their business ethics. Moreover, their flexible approach and ability to tackle complex situations makes collaboration a success story.’

‘Sioufas & Associates Law Firm has deep knowledge of the real estate market & Greek trends handling complex due diligence/property title reviews always providing accurate and timely advice. They are very experienced when it comes to real estate projects’ structuring, assisting us also in the negotiation procedures and final stage regarding the project’s implementation.’

‘Neoklis Neokleou and Aikaterini Gkana stand out for their in-depth knowledge and experience regarding complex real estate issues. They are easy going and always provide custom made/practical solutions whenever needed/asked for. Special reference is made to Neoklis Neokleous who has always assisted our company with his legal expertise and proved to be a valuable business partner!’

Key clients

Elemental Resorts

Benestar Property Single Member S.A.

Supernatural Resorts

Danae Suites Santorini

Cyclades Monoprosopi S.A.

Pexmon Single Member S.A.

Lorbax Single Member P.C.

Enetly Single Member S.A.

Proodos Acumen Single Member P.C.

Fariox Single Member P.C.

Goniry Single Member S.A.

Cosmos Developments S.A.

Alpha Bank

Work highlights

  • Advised Benestar Property in the context of a long-term lease agreement regarding a renowned restaurant located in Psarou beach, Mykonos.
  • Acted on behalf of Cyclades on the execution of a complex sale and lease back agreement with NBG LEASING.
  • Advised, coordinated and concluded on behalf of a client all legal actions regarding the acquisition of a plot of 2,018.10 sq.m. in the ELLINIKON regeneration project.

Your Legal Partners

Frequently acting on behalf of Greek developers and investors and multinational players, the ‘highly business savvy team’ at Your Legal Partners covers all aspects of real estate financing, portfolio acquisitions and privatisations. Based in Athens, Maria Golfinopoulou and Katerina Christodoulou head the department, with the former specialising in representing authorities and sponsors in major real estate projects and the latter handling real estate acquisitions.


‘Highly business savvy team, great combination of legal knowledge and business sense, responsive to tight timelines, reasonable fees, incorporation of AI technology in documents review.’

‘Maria Golfinopoulou as partner, is the “face” of the firm willing to accommodate all business legal needs, irrespective of time and other difficulties. She is willing to go the extra step for her clients, in all aspects of her legal engagement. Excellent team manager with great business acumen. ’

‘In-depth knowledge, responsiveness. They are accessible. They are very reliable in meeting deadlines, problem solving individuals. They listen and explain well. Their partner-led approach sets them apart from competition.’

‘Katerina Christodoulou: Strong in documentation in legal structuring and negotiation. Fotini Mavrikaki: Responsive, great analytical skills and creativity. Prokopis Linardos: in-depth approach on the matter with an eye for detail and capable of explaining and guiding the client to understand risks. Anastasia Kakali: An associate to watch. High level of expertise, short response time and excellent communication skills. ’

‘If you are looking for a legal firm that is trustworthy, efficient, and pays attention to details, Your Legal Partners is your firm. They have a team of experienced lawyers who will handle your case with professionalism and care and will work hard to achieve the set goals.’

‘Katerina Christodoulou is a lawyer who combines creativity and client friendliness with legal expertise. She is always looking for innovative solutions to your legal problems, and listens to your needs and preferences.’

‘Excellent cooperation. Always available with a positive approach to find a solution. Excellent negotiation skills.’

‘Deep knowledge of the legal issues and willingness to discuss and explain them further so that all parties have the same understanding.’

Key clients

Hellenic Republic Asset Development Fund

Ministry of Infrastructure & Transport

GrowthFund the National Fund of Greece

H.I.G Capital

Sterner Stenhus

Eurobank SA

Premia S.A (listed REIC)


Piraeus Bank SA


Mytilineos SA


EOS Group

Alpha Bank

Work highlights

  • Acting for Eurobank and Piraeus Bank as Mandated Lead Arrangers on the financing for the first phase of the investment of Lamda Development.
  • Acted for the consortium of Mytilineos and ATESE as the winning consortium in the PPP regarding the design, construction, financing, maintenance and operation of 17 school units in the Central Macedonia Region.
  • Acting as lender’s legal advisor in the financing of several projects of a Greek energy group.