CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
After a decade of economic challenges, Greece’s real estate market is thriving, fueled by a tourism boom and strong foreign investment. With property prices still below pre-crisis levels and a growing focus on sustainability, PPT Legal Partner Alexandra Mitsokali and Moussas & Partners Senior Partner Loukia Papachatzi explore the sector’s revival.
The Draft Law on Mediation in the Sale and Lease of Real Estate, following public consultation in the summer of 2023, is expected to be submitted to Parliament for adoption shortly.
Wolf Theiss has advised DSK Bank and OTP Bank on the EUR 88 million real estate financing of Bravo Sky. Lex Locus reportedly advised the borrowers.
Czabaaski & Galuszynski has advised Focus Estate Fund on the acquisition of three shopping centers in Poland’s Silesia region, including Sosnowiec Plaza, Ruda Slaska Plaza, and Rybnik Plaza, as well as on financing from BNP Paribas.
Dentons has advised Segro European Logistics Partnership on its acquisition of a fully-leased logistics park located in Sazava, near Prague, from UDI Group.
Kinstellar has advised BYD on its acquisition of the IP West office building in Budapest from CA Immo. Cerha Hempel advised CA Immo.
AKL Law Firm has advised Alpha Bank on the financing for Legendary Food for the Stoa Arsakeio redevelopment project in central Athens. KBVL reportedly advised Legendary Food.
