BriQ: Strategic Merger with Intercontinental International REIC

Deal News | Dec 20, 2024 | CEE Legal Matters

BriQ: Strategic Merger with Intercontinental International REIC

Lambadarios and Machas & Partners have played pivotal roles in facilitating the merger between BriQ REIC and Intercontinental International REIC, two prominent entities in the Greek real estate investment sector. Lambadarios advised BriQ REIC, providing crucial legal insights and ensuring compliance with regulatory requirements to complete the merger seamlessly. The legal team from Lambadarios was extensive, including both Managing Partner Constantinos Lambadarios and other specialized legal professionals. On the flip side, Machas & Partners assisted Intercontinental International REIC with their legal strategy, with Founding Partner Petros Machas and Partner Ioannis Charalampopoulos at the helm. This merger signals a significant consolidation in the Greek real estate market, potentially creating a more robust investment vehicle that capitalizes on synergies and expanded market reach. Both companies involved are key players in the real estate investment landscape, which remains pivotal for economic growth and development in Greece.

Sectors

  • Real Estate Investment
  • Legal Services

Geography

  • Greece – Both BriQ REIC and Intercontinental International REIC operate within the Greek real estate market, making Greece the primary geographical focus of this merger and its impact on the local economy.

Industry

  • Real Estate Investment – BriQ REIC and Intercontinental International REIC are both real estate investment companies. The industry involves acquiring, managing, and selling real estate assets to generate income and capital growth.
  • Legal Services – Both Lambadarios and Machas & Partners provided legal advisory services, which were crucial for facilitating this merger within the real estate investment industry.

Financials

    Participants

    NameRoleTypeDescription
    BriQ REICTarget CompanyCompanyAn investment company focusing on the Greek real estate market.
    Intercontinental International REICTarget CompanyCompanyA real estate investment company involved in the merger with BriQ REIC.
    LambadariosLegal Advisor to BriQ REICCompanyA law firm advising BriQ REIC on the merger.
    Machas & PartnersLegal Advisor to Intercontinental International REICCompanyA law firm advising Intercontinental International REIC on the merger.