December 2024 In Merges & Acquisitions

Your Legal Partners advised on the acquisition of Village Shopping & More in Renti

News & Works – Your Legal Partners advised on the acquisition of Village Shopping & More in Renti

Merges & Acquisitions

Your Legal Partners advised on the acquisition of Village Shopping & More in Renti

Your Legal Partners advised the joint venture for the acquisition of the renowned Village Shopping & More in Renti, Athens. This transaction marks a pivotal step toward the transformation of the property into a state-of-the-art sports and entertainment center, with a vision of creating a vibrant meeting point for families and young people.

On December 3, 2024, the joint venture entity Renti to Go successfully acquired 100% of the shares of Trivillage Developments Greece Single Member SA, the company that owns and operates the Village Shopping & More. The total investment, amounting to €14.1 million, was made by a diverse group of stakeholders, including Premia Properties (via a subsidiary), the Antetokounmpo family, Elias Georgiadis (via Sterner Stenhus Greece), and distinguished private investors.

Your Legal Partners played a significant role in this landmark transaction, acting for the joint venture in both the acquisition of Trivillage Developments Greece Single Member SA and the negotiation of a shareholders’ agreement among the investors. The legal team was led by Sofrini Sideri, Associate, alongside Katerina Christodoulou, Partner.