We are proud to have advised LAMDA Development S.A. in the Eur 347 mio financing arrangements for the acquisition of 100% of the shares in Hellinikon S.A.
The acquisition of the shares marks the first step towards the development of one of the largest urban regeneration projects in Europe, aiming to attract significant new investments in the areas of residential development, tourism, culture, entrepreneurship and innovation with environmentally concerned pioneer infrastructure.
Among the visions for the development of the project is to reposition Athens as one of the major world class residential, business and tourist destinations and set up competitive dynamics for the development of other major similar projects in Greece.
We are looking forward to working with our client and the stakeholders involved in the steps to follow for the development of this unique project.