Greece has developed in recent years several headline infrastructure projects with the participation of private investors whilst currently, is entering a new dynamic period of PPP, given the Law 3389/2005. Recognising the growth of PFI and PPP projects, we have successfully developed special practice to meet such projects.
Our public procurement and construction legal team is involved in a number of the most innovative and complex projects including roads, airports, ports, technological parks, power stations, industrial installations, infrastructure projects, real estate development (offices and residential complexes). We have a proven record in acting for Greek and foreign players of the market (e.g. constructors, financial institutions, public corporations and organizations etc.) in relation to all types of real estate property including commercial, industrial and private land and property, covering a wide range of legal services.
Your Legal Partners’ most recent experience includes:
Hotels in Rhodes
Acting for Eurobank Ergasias S.A for the refinancing of existing debt at a discount as well as financing of a CAPEX programme for two hotels in Rhodes.
Shopping Mall in Crete
Acting for Emporiki Bank S.A in a refinancing and restructuring of a project finance of a cinema complex, mall and parking. The refinancing encompassed new terms of 2 bond loans and a new security package creating liens over the property and its revenues as well as a parking to be constructed by an affiliate company as well as sponsor support undertakings and direct agreements of the facility manager and the constructor of the parking.
EIB financing of 12 Attica Schools
Acting for ATESE S.A, major constructor in relation to the project finance of the construction, financing and operation of 12 schools in Attica area through PPP. The project was suspended due to difficulties in the financing due to current financial conditions. The project has been selected as an urban development project to be financed by EIB under the Jessica program and is co-financed or co-invested By European Investment Bank.
EIB financing of 10 Attica Schools
Acting for J&P Avax S.A, leading construction company in relation the construction, development, financing and operation of 10 school buildings in Attica through PPP structure. The project has been selected as an urban development project to be financed by EIB under the Jessica program and is co-financed or co-invested by European Investment Bank.
Financing of Office complex in Athens
Acting for KARELLA S.A, a Development company as the sponsor in relation to a sale of the office complex to a National Bank S.A subsidiary, PAGGAIA S.A in relation to a bond loan granted for the financing of the project.
Prefecture Buildings in Trikala and Korinthos PPP project Phase A
Acting fro J&P Avax S.A major construction company in its participation in the bid process for the financing, construction and operation of two Prefecture Buildings in Trikala and Korinthos.
Piraeus Police Department PPP Project
We represented a consortium between J&P Avax and Hochtief PPP Solutions GmbH Hellas in their joint participation in Piraeus PPP Police Department.
ARISTO DEVELOPERS HELLAS S.A.
Acting for the company “ARISTO DEVELOPERS HELLAS S.A.”, a member of the Dolphin Capital Investors group of companies, a leading institutional investor in the holiday home sector in south-east Europe and listed on AIM -Alternative Investment Market- of the London Stock Exchange. We advised on major high profile real estate projects, covering the full range of legal support: running RFP’s, negotiating with bidders, drafting construction contracts, sub-contracts, advising on funding & subsidies.
ATHENS INTERNATIONAL AIRPORT
Acting for the company “Athens International Airport S.A.” we are working closely with the Company in the application of the concession contract in providing legal opinions on the interpretation of the Concession Agreement as well as the relevant construction agreement.
C. ROUTSIS S.A.
Acting for the company “C. ROUTSIS S.A.” on various construction projects, sub-contracts, and insurance matters.