Papapolitis & Papapolitis is pleased to be advising on one of the largest commercial real-estate deals in the Greek market. We are assisting INTRAKAT, to be renamed soon Aktor Group of Companies, in expanding its activities in the real estate sector through the acquisition of a €600 million real estate portfolio from Prodea Investments REIC. Our team is
Category Archives: TRANSACTIONS
P&P advised Germany-based investment holding Armira and Viessmann Generations Group on the Greek law aspects of the acquisition of a minority stake in the Greek pharmaceutical company Pharos Generics Holding S.A. The P&P team was led by M&A Partner Elmina Chadio, supported by Senior Associate Anna Pavlaki, with key contributions from Partner Maria Karabella, Senior
P&P has advised Arish Capital Partners (ACP) on the acquisition of a prime property in Patras, the third largest city in Greece and home to 35,000 students. This property will be transformed into “Wanderwall” – a state-of-the-art student accommodation facility. Once redeveloped, “Wanderwall” will feature 56 furnished student apartments and studios, modern amenities such as
P&P advised Intracom Holdings on their strategic sale of its 27.6% shareholding in the listed entity KLM SA for €11.1 million to investors who will also participate in the share capital increase of Intracom Properties, a subsidiary of Intracom Holdings. The share capital increase will total €25 million, with €11 million covered by Intracom Holdings.
P&P advised Hellinikon S.M.S.A. on the sale of five residential land plots in the Ellinikon Project, totaling €106 million. We advised on the execution of all definitive documents for the sale of five (5) distinct urban blocks designated for residential development in the Urban Development Area “A-U3” within the Metropolitan Pole Elliniko – Agios Kosmas.
P&P acted as legal advisor to ECM Partners and Metric Capital Partners in connection with the sale of the majority stake of FAMAR to MidEuropa, a leading European private equity investor with over €6 billion of funds. ECM Partners and Metric Capital maintain a part of their investment in FAMAR, demonstrating their long-term commitment and confidence on
P&P advised Dukes Education in connection with the acquisition of the shares of the “I.S.A. THE INTERNATIONAL SCHOOL OF ATHENS” which operates, the International School of Athens and Melina’s Kindergarten in Athens, Greece. The transaction is the first of its kind in the Greek market, marking the first investment of an international premium private school
P&P advised Intracom Holdings and its 100% subsidiary Intracom Properties S.A in relation to the acquisition of Europa Insurance for €46,55 Million launching its entering into the insurance market. Intracom Holdings will enter into the creation of a new corporate structure, through the merger of its listed subsidiary on AthEx, K.L.M. S.A. and Intracom Properties
P&P advised Intralot S.A. in relation to the issuance of a Bond Loan of up to €100 million with maturity date 30.06.2025, with Arrangers PIRAEUS BANK and the NATIONAL BANK OF GREECE. Initial bondholders are PIRAEUS BANK, THE NATIONAL BANK OF GREECE, OPTIMA BANK, ATTICA BANK and PANCRETA BANK with PIRAEUS BANK as bondholders’ representative.
P&P advised London & Regional Properties in the sale of the historic Athens Titania Hotel to the H Hotels Collection