Albotă Law Firm has assisted the Belgian real estate developer Atenor with the legal matters related to the acquisition of a new site of approximately 11,600 sq.m located in the North-Western part of Bucharest, in the Expozitiei/Piata Presei Libere area. The site will allow Atenor to develop a new office project of approximately 44,000 m². ...more »

Biriș Goran assisted Swiss investor Philippe Jacobs and Ibitol Group in the sale of Coresi Business Park to Immochan, one of the leading European real estate companies. The business park is located in Brașov on the former Tractorul facto...more »

PeliFilip assisted Skanska in selling C building from Green Court Bucharest to Globalworth Real Estate Investments Ltd in a transaction worth 38 million euros. The law firm also provided legal assistance in previous transactions, where Skanska sold A and B buildings also to the real estate investment company founded by Ioannis Papalekas....more »

The Bucharest office of regional law firm Schoenherr, has provided legal assistance in the transaction through which IULIUS Group, the developer and operator of IULIUS network of shopping malls, partnered with Atterbury Europe.  The transaction regarded the creation of a 50/50 partnership between Atterbury Romania and Iulius Group for the operation of Iulius Mall Iasi, Iulius Mall Cluj, Iulius Mall Suceava, Iulius Mall Timisoara, the mixed – use urban regeneration project Openville Timisoara, as well as future development of similar projects in Romania....more »

Subsequent to Hili Ventures taking over, in 2016, through its division Premier Capital, McDonald's local operations, this year the group made its entrance in the office building area, by acquiring ART Business Centre from FBC Exclusiv Company. Located in the affluent Nordului neighbourhood in northern Bucharest, the nine-storey property adds 18,600 square meters of gross leasable area to the group’s international commercial real estate portfolio. ...more »

 Allen & Overy has advised the arranging banks on a financing for P&P Spearhead, a group engaged in the agricultural sector primarily in Central and Eastern Europe (CEE). The Mandated Lead Arrangers of the refinancing were Erste Group Bank AG, ING Bank N.V., Raiffeisen Bank Polska S.A., Bank BGŻ BNP Paribas S.A., Bank Zachodni WBK S.A. (a member of Santander Group) and Powszechna Kasa Oszczędności Bank Polski S.A....more »

CPI Property Group will acquire eleven retail properties, including six major regional shopping centers, in Romania, the Czech Republic, Hungary and Poland. Dentons advised CPI Property Group on the acquisition of a portfolio of 11 retail properties from CBRE Global Investors. The completion of the transaction is expected in the first quarter of 2017, pending regulatory approvals in the Czech Republic and Hungary....more »

Biriş Goran assisted AdamAmerica Europe on the acquisition of Construdava, a 9,400 sqm office building located on Pipera-Tunari Road, in the North-East of Bucharest. The building is fully leased by Metro Systems, internal IT provider of Metro Group in Bucharest, Romania.  Biris Goran advised AdamAmerica on all aspects of the purchase from the building's owners, Commerzbank AG and Aberdeen Asset Management.  The team was spearheaded by Victor Constantinescu, Daniela Lazea, Mariana Signeanu and Radu Jianu on the acquisition documents, along with other members of Biriş Goran on due diligence....more »

PeliFilip advised Anchor, the real estate and development group, with respect to the merger of the Romanian group companies owning and operating București Mall and Plaza Mall. The process was designed as a merger through absorption, under which the entire patrimony of the Plaza Mall shopping centre was transferred to București Mall. The preliminary steps of the merger were initiated in March 2016, with the merger becoming effective in October 2016.  ...more »

Casa de Insolvenţă Transilvania, in charge with the bankruptcy of Swan Property, announced the sale of insolvent office park Swan Office & Technology Park to Smartown Investments for EUR30.3 million, a price higher with 50 percent than the price approved by creditors. CITR declared it has promoted the office project to more than 150 investors in Romania and abroad, as well as to the clients in the company’s portfolio. ...more »