2012 | Establishment of a joint venture to bid the Construction of Stavros Niarchos Foundation Cultural Center of a total value 400.000.000 euros

CLIENT:

Major construction company, holder of a seventh grade licence for constructions and Land Development, member of Athens Stock Exchange
PRACTICE:

REAL ESTATE & CONSTRUCTION

PARTNERS WHO LED THE ADVICE:

Theodore Pistiolis, Vanita Kiriakouli

We advised our client in relation with the establishment of a Joint Venture with a major Spanish Construction Company, of which the purpose would be to participate in the tender procedures for the construction of Stavros Niarchos Foundation Cultural Center. We specifically advised on the structure of the Joint Venture and we drafted relevant agreements. We also advised our client during negotiations with Stavros Niarchos Foundation regarding the terms of Construction Agreement and the tender procedure and prerequisites. The total value of this project will reach 400.000.000 euros