White & Case has advised Alpha Bank on the partial disposal of a portfolio of real estate assets in Greece. Karatzas Partners reportedly advised Alpha Bank as well. Sullivan & Cromwell and Potamitis Vekris reportedly advised the buyers.
According to White & Case, the transaction involved creating a holding structure initially valued at nearly EUR 400 million, which was later adjusted – following sales to third parties and certain exclusions – to encompass 460 assets valued at nearly EUR 300 million that will remain minority-owned by Alpha Bank.
The White & Case team included lawyers in Dubai, London, and Abu Dhabi.
