Papapolitis & Papapolitis has advised Prodea Investments on its real estate transaction with the VYP Group involving a EUR 676 million sale of a real estate portfolio and its 30% stake in Piraeus Tower, as well as a concurrent acquisition of a 30% stake in MHV Bluekey One. Potamitis Vekris advised the VYP Group.
MHV Bluekey One is the owner of Porto Paros Resort in Paros.
Piraeus Tower S.A. is the concessionaire of the tower at the Piraeus Port.
According to Papapolitis & Papapolitis, the transaction aligns with Prodea's strategy to enhance its exposure to high-growth hospitality and logistics assets.
The Papapolitis & Papapolitis team included Partners Amalia Balla and Elena Papachristou, Senior Associates Chrysoula Giannopoulou, Evgenios Fiflis, and Konstantina Tsourouni, and Associates Kassiani Flaouna and Panagiotis Antonakos.
The Potamitis Vekris team included Partners Theologos Mintzas, Dimitrios Loukas, and Maria Perifanou, Counsel Alexandros Anagnostopoulos, Senior Associate Athanasios Taliadouros, Associates Iliana Nikolaidi, Nikoleta Nikolaou, Nikos Stefas, Virginia Kaklamani, Mary Kountoura, Katerina Mourtza, and Nikos Santas, and Trainee Kleon Karipidis.
