Koutalidis Law Firm advised MGE Hellenic Investments S.à r.l., an SPV owned jointly by McArthurGlen and Bluehouse S.A., with respect to the sale of its 100% participation to the capital of McArthurGlen Hellas MEPE, owner of McArthurGlen Designer Outlet Athens, to Lamda Olympia Village S.M.S.A., a 100% subsidiary of Lamda Development S.A..
McArthurGlen Designer Outlet Athens is one of the largest outlet centres in Greece, with a gross asset value of €109,000,000. Its inclusion in the portfolio of Lamda Development, one of the most prominent companies active in Greece’s real estate development market, marks a new era for the Greek designer outlets market.
