
With strength in acquisitions, the team at Karatzas & Partners is often engaged in renewable energy real estate, land acquisitions, and the due diligence and regulatory compliance for large-scale RES projects. Noted for her ‘strategic insight’, Vassiliki Salaka heads up the offering, with broad expertise in cross-border regulatory matters, SPV acquisitions, as well as corporate and leasing issues. Specialising in PPP projects, Christina Faitakis is active in real estate financing and infrastructure projects, while Athena Economou is noted by clients as a ’rising star’, with recent involvement in real estate transactions involving SPV and due diligence. Other key contacts include Argryo Vagia, who handles property transactions, and Pantelis Zalokostas, who is engaged in land transactions.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Vassiliki Salaka has vast experience in real estate transactions and combines legal expertise with business sense. Sophia Mavridou focuses on transactions and has a keen eye for detail.'
- ‘The firm combines deep legal expertise with a pragmatic, business-oriented approach. The team is highly responsive, reliable, and efficient, offering strong support in complex, cross-border projects. They stand out for their collaborative mindset and consistent quality across practice areas, especially FSI and RE.'
- ‘The individuals I work with are proactive, commercially minded, and solutions-driven. In particular, Vassiliki Salaka stands out for her professionalism, responsiveness, and deep understanding of client needs. Overall, the team members distinguish themselves through their integrity, attention to detail, and ability to deliver under pressure.’
- ‘This practice stands out for its in-depth market knowledge and ability to handle the full spectrum of real estate matters, from large transactions and leasing to regulatory and permitting challenges. What makes the team unique is that they not only provide precise legal advice, but they also understand the commercial and operational realities of the real estate market, which is critical for making informed investment decisions.'
Key clients
- Alpha Bank
- Eurobank
- H&M Hennes & Mauritz
- Hellenic Public Properties Company
- National Bank of Greece
- Pet City Group
- Piraeus Bank
- Prodea Real Estate Investment Company
- Pure Health Holding
- Metlen Energy and Metals
Work highlights
Assisting Prodea Investments in the sale of a €582 million diversified real estate portfolio to Aktor Group.
Advised Alpha Bank on the sale of a 65% stake in Skyline S.A. to P&E Investments.
Advised Piraeus Bank on a €128.4 million PPP project to construct and maintain 17 schools in Central Macedonia.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Athena Economou
Practice head
Vassiliki Salaka
Other key lawyers
Christina Faitakis; Athena Economou; Argryo Vagia; Pantelis Zalokostas; Sophia Mavridou
