Biriş Goran successfully represented Zeus International, in the acquisition of three hotels portfolio in Bucharest, Romania.
The three properties are the Venezia, Opera and Central hotels, located around the Cișmigiu Gardens near the historic city center, in the heart of the cultural and commercial area.
Biriş Goran’s team was led by Teodora Moțatu (M&A partner) and Mariana Signeanu (finance partner), assisted by Corina Celmare and Bogdan Nițulescu (corporate and finance associates).
Teodora Moțatu stated: "We are thrilled to have assisted Zeus International in a transaction that led to the growth of our client’s portfolio and its expansion in a very competitive market. It was a complex transaction with a tight timeline, involving various jurisdictions, and we are thankful for the confidence Zeus International has entrusted us”, with Mariana Signeanu adding that“The acquisition of this hotels portfolio, almost six years after assisting Zeus International enter the local market, is the living proof of the experience and maturity of our team and in our capacity to address and solve legal, commercial, banking or tax matters in a tight transactional setting.”
Haris Siganos, President and CEO of Zeus International stated "We are very proud for this acquisition that accelerates Zeus International strategic goal on portfolio growth and diversity. We express our thanks to Biriş Goran and their M&A team for their assistance and high-level expertise associated to this major transaction proceedings and we remain confident that we will achieve the same record of success that we have so far enjoyed from our other projects."PeliPartners assisted the seller, Alpha Real Estate Services (ARES), a member of the Alpha Bank Group.