Real Estate

Contacts

Name: Alexis Foskinis, LL.M.

E-mail: a.foskinis@rokas.com

Our Firm identifying the significance of the real estate in Greece and its connectivity with a wide range of investment activities in SE Europe, has developed an experienced real estate team, whose members possess considerable knowledge and a high degree of practice in the field. Throughout the years, our Real Estate team has run complex legal due diligence of urban, commercial and industrial real estates, and has the experience required to deal with the regulation of issues related to urban planning, spatial planning, rights of use and, in general, the legalization and compliance of such real estates.
Our Real Estate team advised the investor in several transactions on the purchase, development, construction and operation of real estate for various kinds of investment, such as Renewable Energy, Hospitality, Industrial, Marinas, Logistics, et al.
Moreover, our Firm advised the Greek State and the HRADF on the leverage and utilization of its properties throughout the entire process starting from planning and licensing, through to the tendering and the assignment or transfer to the investor of the respective property.
Over the years private clients have trusted us for their legal support in real estate transactions (sale and purchase, leases, title insurance, city and environmental planning and licensing, project management agreements, all types of collateral).

Representative experience

  • Investment – Development projects (involves introduction of legislation, real estate urban planning arrangements and regulatory licenses, P/V related real estate issues, expropriations et al); eg UGS Kavala, Mykonos Port, East Aegean island Marina, Project Manager’s bid for the Hellinikon real estate project management, real estate for Pharmaceutical Cannabis projects
  • Hospitality – Astir Palace Villas pre-sales, SWOT Hospitality – IN Hotel Belgrade the Daskalantonakis acquisition and management of Park Inn Sofia (involve the acquisition, agreement with hotel brand/concept owner and management of hotel, title, use and leases disputes)
  • Financing contracts – Advised a Greek Bank on the issue of a €60m project finance facility to a Montenegrin company for the construction of a voluminous business building, and on the necessary real estate and other collateral
  • Various commercial real estate management projects and relevant litigation – shopping malls, shops, warehouses for largest supermarket chain, largest bottling company, logistics center, ETVA VIPE
  • Sale and leasebacks
  • Financing
  • Legal / title due diligence for urban and rural real estate for projects or RES developments