ARTICLE · 07 MAY 2025

Law 5193/2025: Evolution, Not Revolution, For Greece's REIC Sector

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After more than two decades under Greek Law 2778/1999 (the "Old Law"), the legal framework governing Real Estate Investment Companies (REICs) in Greece was finally overhauled...

GreeceCorporate/Commercial Law

Angelos Sarrigiannis

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After more than two decades under Greek Law 2778/1999 (the "Old Law"), the legal framework governing Real Estate Investment Companies (REICs) in Greece was finally overhauled with the issuance of Law 5193/2025 (the "New Law").

Market participants, legal experts, and institutional investors had high expectations for a comprehensive and contemporary reform that would recognize the REIC sector's maturity and encourage its ongoing advancement. Although the New Law provides several welcome enhancements, it does not fulfill the ambitious expectations that previously surrounded it.

The following sections of this article provide an overview of the most significant changes introduced by the New Law.

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Law 5193/2025: Evolution, Not Revolution, For Greece's REIC Sector

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