P&P, POTAMITISVEKRIS advised on the real estate transaction between PRODEA Investments and VYP Group.

Papapolitis & Papapolitis (P&P) advised PRODEA Investments on the largest real estate transactions to take place in Greece in 2025, with VYP Group and National Bank of Greece (NBG) respectively, bringing the total value of the combined transactions at over €1.3 billion.

Transaction with VYP Group – The cross-border transaction with VYP Group Ltd included: the sale of a real estate portfolio to VYP Group valued at €676 million, and PRODEA’s 30% stake in Piraeus Tower S.A.; as well as the acquisition by PRODEA of a 30% stake in MHV Bluekey One, owner of the Porto Paros Resort in Paros.

Transaction with National Bank of Greece (NBG) – The transaction with NBG included the agreement for the sale of a portfolio of 100 properties, valued at €510.7 million.

The P&P team was led by Partners Amalia Balla and Elena Papachristou, supported by Senior Associates, Chrysoula Giannopoulou, Evgenios Fiflis, Konstantina Tsourouni and, Associates Kassiani Flaouna, Panagiotis Antonakos and Suzana Perifanaki.

POTAMITISVEKRIS advised VYP Group Ltd (a member of the YODA PLC Group) on the acquisition of a real estate portfolio valued at €676 million from PRODEA Investments and the purchase of a 30% stake in Piraeus Tower S.A.

The POTAMITISVEKRIS real estate team was led by Partner Theologos Mintzas, with support from Counsel Alexandros Anagnostopoulos; Associates Iliana Nikolaidi, Nikoleta Nikolaou, Nikos Stefas, Virginia Kaklamanis, Mary Kountoura, Katerina Mourtza and Nick Santas; Trainee Kleon Karipidis; Partner Dimitrios Loukas and Senior Associate Athanasios Taliadouros from the EU, Competition / Antitrust, FDI and FSR team; and Partner Maria Perifanou on corporate law matters.