Pop Briciu Crai law firm advises Bog’Art Residential on a 20 million euro real estate project

The legal team at Pop Briciu Crai provided legal assistance to Bog’Art Residential, part of the Bog’Art Group and a premium residential property developer, in the acquisition of a plot of land located in a prime central area of Bucharest. The firm also assisted in the strategic partnership with a Spanish investor for the development of a boutique residential complex valued at approximately €20 million, situated centrally between the Jewish and Armenian neighborhoods.

With over 30 years of experience in business law, the Pop Briciu Crai team supported the project through all phases of the transaction—from legal due diligence and structuring the partnership to negotiating commercial terms and drafting and reviewing the legal documentation—ensuring a solid legal foundation for the project’s implementation.

“We are honored by the trust placed in us by Bog’Art Residential and excited to contribute to the launch of a project with such significant urban development potential. Collaborating with a partner of Bog’Art’s caliber, on a project of this scale, is a perfect example of our commitment to providing innovative and reliable legal solutions,” said Adriana Crai, Managing Partner at Pop Briciu Crai.

“This transaction marks a strategic step in expanding our portfolio and confirms Bog’Art Residential’s commitment to investing in landmark projects that contribute to the urban transformation of the Capital. We are pleased to collaborate with trusted partners and thank the Pop Briciu Crai legal team for their essential support in completing this complex transaction,” stated Bogdan Letcă, General Manager of Bog’Art Residential.

This strategic partnership reflects both the growing interest of foreign investors in Bucharest’s prime central areas and the capacity of the Pop Briciu Crai legal team to manage large-scale, high-complexity real estate projects.

For this project, the Pop Briciu Crai team was led by Adriana Crai, Managing Partner, and included Nicoleta Vădeanu, Senior Associate, and Andreea Păcăleanu, Senior Managing Associate.

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