We are pleased to announce that our firm advised National Bank of Greece (NBG) in connection with the signing of a notarial preliminary agreement with PRODEA Investments REIC, for the sale to NBG of a portfolio of 100 own-used properties, for a total consideration of EUR 510,7 million.

Possession (nomi) of the properties was transferred to NBG pursuant to the preliminary agreement, whereas the final transfer agreement is expected to be entered into by 22.05.2026 once the contractual conditions precedent, customary for similar transactions, have been satisfied.

Our core team consisted of Catherine Karatzas and Vassiliki Salaka, assisted by Olga Vinieri and Pantelis Zalokostas.

Our team was further assisted by Athena Economou, Argyro Vagia, Katerina Toumpanou, Mara Skiada, Nikos Kazantzidis, Ilias Kyriazopoulos, Konstantina Chranioti, Nikos Stavros, Vasiliki Christofilopoulou and Evgenia Bali for real estate matters; Pinelopi Anyfanti, Michalis Chatzakis, Vassiliki Rogakou, Anna Desylla, and Chrysalina Gouli for corporate, commercial law and other matters; and Stergios Zygouras, Aggeliki Michalopoulou, Marilia Platsa, Alexandros Papavlasopoulos and Konstantinos Kotrotsis for finance law matters.

Capital markets aspects were dealt by Maria Chronaki and competition law matters were handled by Anna Manda assisted by Tzella Sevdali and Venetia Lazaratou.

We are very grateful for the excellent cooperation with PRODEA and its legal advisor, Papapolitis & Papapolitis.