Dentons advises Ideal Projects Services in acquisition of office portfolio in Cluj

Dentons advised Romanian investor Ideal Projects Services on title insurance for the successful acquisition of a portfolio of three office buildings in Cluj – Romania’s second most active city for office investments.

The three buildings - Vivido Business Center, Advancity Business Center and Cube Office – were sold by Hexagon group, which is controlled by entrepreneurs Raul Ciurtin and Florin Mariș. They have a total leasable area of ​​approximately 20,000 sqm and boast tenants such as Porsche Engineering, Bosch, Vertiv, Riverbed, Metro Systems and Natuu. Dentons Romania Managing Partner Perry V. Zizzi and Head of Real Estate BogdanPapandopol assisted.  Title insurance has become increasingly common for real estate acquisitions and financings in Romania, and as such it often represents an essential requirement for closing deals.


September 08, 2020 12:37
Popovici Niţu Stoica & Asociaţii advised WDP, one of the leading Belgian...more »
July 27, 2020 11:31
Article by Simona Chirică, PhD (partner, real estate), Mădălina Mitan (mana...more »
 
July 09, 2020 15:09
Article by Eva Hegedüs-Brown Local Partner and Liviu Fluşcă,&n...more »
May 12, 2020 15:02
Authors: Oana Albota, Monica Ginea and Bogdan Roscaniuc, Albota law firm Gene...more »
*
Govnet Next Events