Alpha Bank Divests Greek Real Estate Portfolio with White & Case's Guidance
Deal News | Feb 26, 2025 | White & Case
Alpha Bank, one of Greece's leading financial institutions, has embarked on a significant divestment process, disposing of a substantial portfolio of real estate assets within Greece. Utilizing the expertise of international law firm White & Case, Alpha Bank's strategic move aims to streamline its operations and improve its balance sheet. This development is part of a broader strategy to strengthen financial resilience and refocus on core banking activities, amidst a dynamic economic landscape in Greece.
Sectors
- Banking and Financial Services
- Real Estate
- Legal Services
Geography
- Greece – The real estate asset portfolio being divested is located in Greece, and Alpha Bank operates primarily in this country.
Industry
- Banking and Financial Services – This article centers on Alpha Bank, a leading entity in the banking sector, divesting real estate assets.
- Real Estate – The transaction involves the disposal of a portfolio of real estate assets, emphasizing the relevance of the real estate industry.
- Legal Services – White & Case, a law firm, is advising on the transaction, highlighting the involvement of legal advisory services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alpha Bank | Target Company | Company | A major Greek bank executing the disposal of its real estate assets. |
| White & Case | Legal Advisor | Company | An international law firm advising Alpha Bank on the divestment transaction. |