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(Real Estate Practice) Machas & Partners joins forces with Israeli FIRON. A powerful joint venture is formed to take on the real estate sector.

15 / 052019

Machas & Partners joins forces with Israeli FIRON

A powerful joint venture is formed to take on the real estate sector

Machas & Partners entered into a significant cooperation agreement with FIRON, amongst the largest law firms in Israel, to establish a specialized, joint venture that will support foreign investors interested in investing in the Greek real estate market.

This joint venture is illustrative of the many opportunities latent in the Greek real estate market and the recent increase in international investment interest.

Machas & Partners was founded by Petros Machas in 2011 and today is amongst the more modern and rapidly developing firms offering legal services in Greece. It boasts an international clientele and possesses a significant presence both within and outside the Greek borders. FIRON ranks amongst the largest law firms in Israel, with 260 lawyers, and a presence that extends beyond Israel to Bulgaria, Romania and Serbia, representing many significant investors in the real estate sector.

Machas & Partners Managing Partner, Nikos Koulocheris stated: «We are particularly satisfied with this development, which is a crowning achievement of a long standing cooperation with an international law firm like FIRON. I am certain that the joint venture we have formed will improve the quality of services offered and assist to increase the movement observed lately in the Greek real estate market,” whereas the responsible Partner, Angelike Nestorides added: “Our cooperation with FIRON opens up a new channel for the Greek real estate market to reach international investors, that is based on sound, technical expertise and tried access to the international investment community.”

FIRON’s Managing Partner, Svi Firon, stated: “Our cooperation with Machas & Partners is another significant step in our strategy to offer quality services to our clients, by having a local presence and cooperating with a very strong team. Our firm’s clientele and our specialized expertise, combined with the international outlook and excellent knowledge of the Greek market that Machas & Partners’ possesses, ensure the success of this new venture.”

At the end of June a presentation of the joint venture is planned at a special event organized by FIRON in Tel Aviv.