Papapolitis & Papapolitis advised Invel Real Estate (Invel), on the completion of Invel’s acquisition of a 32.7% stake in NBG Pangaea REIC (“Pangaea”) for a consideration of €390 million, from the National Bank of Greece (“NBG”), in one of the largest M&A and real-estate transactions to take place in Greece. The P&P team also advised Invel on the debt financing it received from Piraeus Bank, the European Bank for Reconstruction and Development (EBRD), Astro Bank and Hellenic Bank.
ALKIS MIRKOS, BANKING, FINANCE & CAPITAL MARKETS, CORPORATE AND M&A, ELMINA CHADIO, FUNDS, NICHOLAS PAPAPOLITIS, NIKOLAS KATSAROS, REAL ESTATE, TAX, TRANSACTIONS
INVEL ACQUISITION OF NBG PANGAEA REIC
