Prodea Investments has sold a portfolio of 100 properties to the National Bank of Greece.
The transaction was announced on December 7, 2025, and is subject to approval from Prodea’s Board of Directors. The execution of the final transfer deed will take place once the contractual conditions precedent, customary for similar transactions, have been satisfied, and in any case, no later than May 22, 2026, according to the bank, who will pay 510.7 million for the portfolio.
Papapolitis & Papapolitis advised Prodea and Karatzas & Partners advised NBG (as reported by CEE Legal Matters on December 17, 2025). Papapolitis & Papapolitis also advised on Prodea’s recent real estate portfolio sale to VYP Group (as reported by CEE Real Estate Matters on December 17, 2025).