REAL ESTATE

Our team has advised the investors on the largest by size real-estate transaction to take place in Greece, as well as the investors on the largest hospitality transaction to take place in Greece in recent years.

Through the years, we have also advised on the some of the largest real-estate and hospitality transactions that have taken place in the Greek market and have a track record of navigating foreign investors through the complexities of Greek zoning, town planning and environmental laws.

Our Real Estate practice is consistently rated as a leading and Top-Tier practice and has received numerous awards and international recognitions. Our Real Estate lawyers have accumulated a wealth of expertise through their involvement in large scale real estate developments that took place in Greece in recent years.

We regularly advise on the development, construction, purchase, sale, leasing and financing aspects of transactions involving real estate assets in the commercial, retail, industrial, residential, leisure, tourism and hospitality sectors. We also lead our clients through the complexities of the regulatory framework governing land use and planning. Our advice often spans property purchase, construction, development and financing, as well as the issues and contractual relationships arising from its commercial exploitation.

The tremendous sector expertise, deep industry knowledge, very strong work ethic and professionalism makes the practice unique for us in the Greek market.’
THE LEGAL 500 EMEA 2021

“Papapolitis & Papapolitis has an excellent track record for advising on high-end complex mandates across the commercial, retail, industrial, residential and hospitality sectors”
THE LEGAL 500 EMEA Top Tier 2019

“According to clients, Papapolitis & Papapolitis has ‘the feel of a Magic Circle firm’”
THE LEGAL 500 EMEA Top Tier 2018

 Representative Matters

Lamda Development €300Million Joint Venture with Temes S.A.

Papapolitis & Papapolitis advised Lamda Development on the completion of two strategic cooperation agreements with TEMES SA for the €300 Million joint development of two state-of-the-art, luxury 5-star hotels and the corresponding branded residences on

Invel Real Estate and Prodea Investments acquisition of White Coast Hotel

Papapolitis & Papapolitis advised Invel Real Estate and Prodea Investments REIC in relation to the acquisition of the White Coast hotel located on Milos Island

DEPA Commercial S.A. acquisition of the 100% stake of NORTH SOLAR 1 S.A. a company operating 95MW of Photovoltaic Parks.

Papapolitis & Papapolitis advised DEPA Commercial S.A. in relation to the acquisition of the 100% stake of NORTH SOLAR 1 S.A. a company operating 95MW of Photovoltaic Parks.

Intrakat S.A. acquisition of the Apanema Resort in Mykonos.

Papapolitis & Papapolitis advised Intrakat S.A. in its acquisition of the 100% of the share capital of the Apanema Resort in Mykonos.

Development of CGS School in Ellinikon

Papapolitis & Papapolitis advised Prodea Investments in its agreement with Lamda Development and Costeas Geitonas School for the development of the first school premises in Ellinikon.

Varde Partners sale of Lamda Malls

Papapolitis & Papapolitis advised Värde Partners, a leading global alternative investment firm in relation to the sale of its 31.7% stake in Lamda Malls S.A. to Lamda Development, for €109 million.

ATHENS

Leoforos Vasilissis Sofias 16, 
10674 / Athens, Greece

T. +30 210 3615544 
F. +30 210 3609168 
E. athens@papapolitis.com

LONDON

48, Dover Str./ Mayfair
London / W1S 4FF, UK

T. +44 203 655 7940
F. +44 203 655 7940
E. london@papapolitis.com

 

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ATHENS

Leoforos Vasilissis Sofias 16, 
10674 / Athens, Greece

T. +30 210 3615544 
F. +30 210 3609168 
E. athens@papapolitis.com

 

Stay Connected