We advised the Hellenic Republic Asset Development Fund (HRADF / ΤΑΙΠΕΔ) in the acquisition of full ownership of DEPA Commercial S.A., a leading player in the domestic natural gas industry.

This landmark transaction involved the acquisition of a 35% stake in DEPA Commercial S.A. previously held by HELLENIC ENERGY Holdings. The acquisition enhances the medium-term value of the Greek State’s ownership interest, while ensuring that all decisions remain entirely within the control of the Greek State, ultimately facilitating its future privatization.

The transaction was led by Maria Perifanou (Partner) with the assistance of Eliza Kolliopoulou (Associate)

We are proud to announce that POTAMITISVEKRIS acted as the Greek legal advisor in the largest open-market real estate portfolio transaction in Greece.

Our team advised DIMAND S.A. and Premia Properties on the acquisition of a 65% stake in Skyline Real Estate Single Member S.A. from Alpha Group Investments Limited, a member of the Alpha Bank Group. We also provided counsel on the incorporation, structuring of the shareholders’ relationship and investment implementation within the acquisition vehicle, which includes the participation of the European Bank for Reconstruction and Development (EBRD).

Skyline is a real estate investment platform encompassing c. 460 commercial and residential properties, with a total acquisition value of c. EUR 300 million. The joint venture plans to redevelop, reposition, and divest these assets, marking this transaction as one of the most transformative and impactful transactions in Greek real estate in recent years.

As part of the transaction, Alpha Bank financed Skyline through a bond loan facility and will remain a lessee of part of the real estate portfolio. Concurrently, Alpha Real Estate Services S.A., Alpha Bank’s listed real estate management company, entered into an asset management services agreement with Skyline.

This landmark transaction was made possible through the collaboration of our multidisciplinary team:

• Real Estate Team: Led by Theologos Mintzas (Partner) and supported by Valia Anastasopoulou (Associate).
• Finance Team: Led by Anthea Terlegas (Partner) and supported by Theodoros Fostieris, Alexandros Vaisidis and Katerina Gerari.
• M&A Team: Led by Maria Perifanou (Partner) and supported by Spyros Roussakis (Senior Associate), Eliza Koliopoulou (Associate), and Vicky Kotsili (Associate).

We congratulate our clients and all parties involved in this landmark project!

We advised NATIONAL BANK OF GREECE (NBG) on a €145 million project financing for the construction of 180 MW photovoltaic projects, sponsored by Metlen Energy & Metals. The project will be co-financed by the Recovery and Resilience Facility (RRF) scheme and the electricity generated from the project will be purchased under a corporate power purchase agreement (PPA). The transaction was led by Euripides Ioannou, Partner, and Nikolaos Kampantais, Senior Associate, who were supported by Associates Erato Zeliou, Giannis Malikoutis and Lenia Theodoropoulou.

Alexander Metallinos (Partner), assisted by Regina Keramida (Associate), has advised ION S.A. on the acquisition of Lavdas S.A. and its sister company, Olympic Hermes S.A. Our team provided comprehensive legal support to ION S.A. throughout the transaction, including the legal due diligence process, the preparation and negotiation of transaction documents, and the successful execution of the closing process.

Lavdas S.A., a company with 71 years of history and a strong presence in markets across Europe, the United States, Asia, and the Arab states, will continue to operate as an independent entity. The acquisition is expected to create meaningful synergies by combining the strengths of both organizations.

The acquisition aligns with ION’s strategic vision to strengthen its presence in the confectionery section, where the company has a proud legacy dating back to 1938. The integration of Lavdas S.A. into ION’s portfolio promises significant growth opportunities, enabling the company to meet rising global demand while maintaining its commitment to quality and tradition.

We advised NATIONAL BANK OF GREECE (NBG) on a €145 million project financing for the construction of 180 MW photovoltaic projects, sponsored by Metlen Energy & Metals. The project will be co-financed by the Recovery and Resilience Facility (RRF) scheme and the electricity generated from the project will be purchased under a corporate power purchase agreement (PPA). The transaction was led by Euripides Ioannou, Partner, and Nikolaos Kampantais, Senior Associate, who were supported by Associates Erato Zeliou and Giannis Malikoutis.

We advised NATIONAL BANK OF GREECE (NBG) on a €191 million project financing for the construction of a 266MW portfolio of photovoltaic projects, sponsored by Metlen Energy & Metals. The project will be co-financed by the Recovery and Resilience Facility (RRF) scheme. The transaction was led by Euripides Ioannou, Partner and Nikolaos Kampantais, Senior Associate who were supported by Associates Erato Zeliou, Giannis Malikoutis and Chara Zoulinou-Zoulinakou.

After an 8-year investigation by OLAF (the European Anti-Fraud Office), two scientists have been acquitted of fraud charges related to EU-funded projects worth €8.5 million. The projects focused on innovative nanotechnology solutions for “green” industrial applications.
The public prosecutor dismissed the case, concluding that all projects were successfully executed, delivered and approved by EU evaluators, with some already patented. No financial damage to the EU was found.

Our team was led by Konstantinos Papadiamantis, Partner and Head of our Litigation & Arbitration practice, with the assistance of Natalie Chrisagi (Senior Associate).

We are delighted to announce that POTAMITISVEKRIS acted as legal counsel to Zeus+Dione on a unique transaction that sets a new precedent in the Greek fashion industry.
Growth Private Equity Fund, managed by Halcyon Equity Partners S.C.A. SICAR, has made its first strategic investment in the renowned Greek luxury lifestyle brand Zeus+Dione. This collaboration not only underscores the brand’s tremendous growth potential but also highlights the increasing interest in the Greek luxury lifestyle market.
This landmark deal was led by our partners Maria Perifanou and Anthea Terlegas, with the support of associates Christos Charatsis and Katerina Gerari.
A special thanks and congratulations to Julia Bernard, whom successfully held the reins for Zeus+Dione, as well as the Lambadarios Law Firm for their exceptional collaboration and contribution to the achievement of this milestone.