Counting international financial institutions and real estate development corporations among its clients, Karatzas & Partners draws upon its ‘great knowledge of the market’ when delivering bespoke advice on M&A and project finance deals. With in-depth experience in handling high-profile urban development initiatives and PPP projects, the team routinely builds ’long-term relationships’, with Athens-based practice head Vassiliki Salaka bringing 22 years of experience in the real estate sector to the group. Christina Faitakis focuses on the finance aspects of development projects, while Argyro Vagia and Alexandros Anagnostopoulos are knowledgeable on leasing and corporate issues.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Excellent collaboration, team with strong knowledge.’

  • ‘A well-established law firm in Greece, with huge experience in certain sectors, such as Banks/FSI and Energy. They have been involved in most NPL portfolio deals in Greece (amongst other).’

  • ‘Work ethic, great knowledge of the market, good business perspective and understanding. Very accountable professionals.’

  • ‘Excellent knowledge in the particular sector, with a focus on minor details that can have an impact on a deal. Great collaboration between the lawyers and the technical individuals in the case handling. Exceptional drafting skills. ’

  • ‘They are extremely specialized in the particular field, with great research skills and they dig deep into the background of the facts. They combine their legal knowledge with technical skills. Amazing results. ’

  • ‘Karatzas & Partners’ commitment to long-term relationships transcends mere legal representation; it signifies a profound partnership built on trust, reliability, and an unwavering pursuit of client success. They adopt a transactional approach to client relationships and their legal team comprises seasoned veterans who have successfully navigated the most complex and challenging legal landscapes.’

  • ‘In-depth knowledge of the market and expertise obtained through the implementation of extremely complex transactions.'

  • ‘Vasiliki Salaka has a broad expertise in the area of real estate, advising on traditional asset acquisitions, as well as complex structurings and financings. She is always responsive, ready to provide solutions and business oriented.’

Key clients

  • Lamda Development S.A.
  • Alpha Bank S.A.
  • National Bank of Greece S.A.
  • H&M Hennes & Mauritz
  • Eurobank S.A.
  • Helleniq Energy S.A. (former Hellenic Petroleum S.A)
  • Prodea Real Estate Investment Company (former NBG Pangaea REIC)
  • Hellenic Public Properties Company SA (ETAD)
  • Helleniq Renewables S.M.S.A. (former Hellenic Petroleum Renewable Energy Sources S.A.)
  • Eurobank Leasing S.M.S.A.
  • RWE Renewables GmbH
  • Piraeus Bank
  • Wirtgen Invest Holding GmbH
  • European Investment Bank

Work highlights

  • Acting as Greek advisors to Lamda Development on the financing of Project Hellinikon, a pioneering urban park which is currently being implemented.
  • Acting as legal counsel of Alpha Bank in respect of Project Skyline, a transaction that involves the selection by Alpha Bank of a strategic partner to pursue a joint venture in the Greek real estate market.
  • Advised SMERemediumCap, Latonia Enterprises Company and WHG Europe (in consortium) on submitting a binding offer and acquiring the Project Tethys Portfolio, a portfolio of secured hotel NPL assets offered by Intrum and three securitisation SPVs.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Vassiliki Salaka

Other key lawyers

Christina Faitakis, Argyro A. Vagia, Alexandros Anagnostopoulos, Athena Economou