Real estate and construction

AKL Law Firm

Client Satisfaction

Displaying ‘commitment and honesty’, the AKL Law Firm real estate team has cemented its place at the top of the market thanks to its extensive expertise in M&A, regeneration projects and development financing. The practice has a growing presence in the planning and environmental restriction space, to add to its already established offering in the licensing procedure sphere. Athens-based practice heads Constantine Alexiou and Helen Alexiou specialise in project finance proceedings and routinely act on urban regeneration schemes. Alexandros Kosmopoulos supports clients in complex development initiatives and infrastructure projects, and Eleftheria Vassila frequently advises real estate development corporations.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘AKL is not just a legal firm; it is a strategic partner to businesses of all sizes. With a legacy dating back decades, it boasts a wealth of experience that is nothing short of remarkable. The team understands that the foundation of any successful legal practice rests upon enduring client relationships and they have cultivated and nurtured these bonds with exceptional care and unwavering dedication, consistently delivering unparalleled services to their clientele.’
‘Eleni Alexiou epitomizes the embodiment of high experience and a business-oriented mindset. On one hand, her experience equips her with the insight and wisdom required to navigate even the most intricate legal matters, ensuring favourable outcomes for her clients constantly and, thus, amassing an enviable track record of success. On the other hand, her approach to law goes beyond legal expertise; it involves a deep understanding of the intricacies of the real estate sector, enabling her to offer solutions that are not only legally sound but also aligned with the client's overarching business goals. ’
‘AKL Law Firm has really deep knowledge in real estate in general and real estate development matters. Helen Alexiou, together with Eleftheria Vassila comprise a very unique team that may handle almost every matter related to real estate (i.e. from recommendations on potential change in law matters / estimation of legal risks in controversial legal issues, until regulation and legal advice on development of really huge, pioneering and unique assets).’
‘Helen Alexiou and Eleftheria Vassila are always reachable, friendly and willing to suggest legal solutions in very controversial legal matters. They always provide an in-depth analysis of the legal matters they have been assigned with, and do not hesitate to say "no" to clients in cases the clients' legal risk is really high, and the proposed solutions only arise a "grey zone".
‘The team has a holistic understanding of the myriad of laws surrounding real estate purchase and development in Greece. The team has a great network with lawmakers and authorities to discuss and negotiate practical solutions that result in win-win solutions for the State and the developers.’
'Helen Alexiou is a hands-on lawyer with vast experience in the field and with an ability to describe the roadmap that needs to be followed to arrive at a successful outcome. Her understanding of the core issues and the ways to interpret laws so as to ensure applications are properly drafted are key in obtain the results in a timely manner. Her communication skills in Greek and English are excellent and her personality is very open and straightforward in a personable manner. ’
‘Emphasis on experience but also on the personal relationship. Constantinos Alexiou is extremely approachable for his level, Helen Alexiou very accessible and available - both great professionals. The extremely thorough support and research by Eleftheria Vassila has been impressive. ’
‘Commitment & Honesty are the Firm's biggest strengths. Knowledge and Experience are also notable.’

Key clients

Lamda Development S.A. /Hellinikon S.A.
Eurobank S.A.
Prodea Investments RECI
Grivalia Properties/ Grivalia Hospitality
Piraeus Bank S.A.
Hellenic Republic Asset Development Fund
RAYCAP S.A.
Lamda Olympia Village S.A.
Lamda Domi S.A.
Pylea S.A.
Invel Real Estate Partners
Brook Lane Capital
RND S.A.
ZEUS CAPITAL
MSC Cruises
Sandaya
Werealize S.A.
White Mulberry S.A.
AK Lane S.A.
Alpha Bank S.A.
The Grid S.A.
Ballian Technical S.A.
Grecian Magnecite
Gnosis Investments

Work highlights

Advised Alpha Bank on an acquisition and development financing relating to the acquisition by Goldman Sachs Asset Management of five-star and four-star hotels.
Advising Lamda on the sale of a large office complex and a separate high-rise office building, which are part of the Hellinikon Development.
Advising Lamda on the sale of a retail park, which is part of the Hellinikon Development.

Lawyers

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