Wolf Theiss assisted Revetas Capital Fund II and a Cerberus Capital Management group, L.P. in terms of the acquisition of a top hotel complex in Bucharest with a total area of ​​86,000 sqm.

The hotel complex consists of Radisson Blu and Park Inn, including approximately 7,500 sq m of commercial space. In addition to legal advice on M&A and due diligence on real estate, Wolf Theiss has also assisted buyers on issues related to the financing and refinancing of loans granted to both the acquiring company and the acquired companies.

The Wolf Theiss team was coordinated on M&A by partner Ileana Glodeanu from Wolf Theiss's Bucharest office, and on the financing side by the Leopold Hoeher counsel at the Vienna office. The Bucharest Lawyers team involved in this transaction included Ciprian Glodeanu (Partner, Real Estate), Mircea Ciocirlea (Senior Associate, Corporate M&A), Claudia Chiper (Counsel, Banking & Finance), Cristina Ion (Associate, Real Estate) (Associate, Corporate M&A), George Ghitu (Associate, Corporate M&A), Iuliana Ungureanu (Associate, Banking & Finance) and Alexandru Asaftei (Associate, Banking & Finance).