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Real Estate

We have extensive experience in advising on all types of development from residential buildings, office buildings, shopping centres and business parks to leisure projects and industrial sites.

We provide advice and assistance to real estate investment and management funds, developers, banks and other financial institutions, as well as to real estate consultants and professionals in all aspects of their property-related activities.

We are widely recognised as the leading firm on leasing and build-to-suit lease agreements, our team being involved, amongst others, in the largest ever single tenant office lease in Romania.

We advise on all legal issues in relation to securing complicated development sites, framing joint venture structures or with financing and construction issues. We help all developments get a kick-start by simplifying the process of pre-leasing/ pre-selling the future premises to potential tenants or end buyers.

 

Our Relevant Experience
  • Advised Element Industrial on the lease of 16,000 sq.m. of warehouse premises in Eli Park 3 to FERRO Romania.
  • Advised Element Group, one of the most active local developers, on the acquisition of 2,7 hectares land plot at the entrance to Pitesti.
  • Advised Mr. Ionut Negoita, the former majority shareholder of the Dinamo Bucharest football team and also an important player on the real estate market, on the acquisition of a land plot totaling over 10 ha, located in the East of Bucharest.
  • Advised Bog’Art Residential, the real estate investment division of Bog'Art Group, on the acquisition of 2 land plots located in the North of Bucharest, from OMV Petrom S.A. (part of OMV Group), with a view to be developed into a 130 apartment residential complex.
  • Advised Bourbon Black Sea on the lease of 800 sq.m. in Pipera Business Tower, a class A office building located on 6E Dimitrie Pompeiu Boulevard. 
  • Advised Hagag on the acquisition of the office building located at 21 Tudor Arghezi Street in downtown Bucharest from the property fund NCH Capital.
  • Advised Cordia Residence (Group Futureal) on the acquisition of 21.000 sq. m. land plot in the Grivita Lake area, part of the Bucurestii Noi region of Bucharest.
  • Advised the investment arm of the largest Romanian construction company, Bog’Art, on the acquisition of a 5,500 sq.m. plot of land in the northern area of Bucharest with a view to further developing a high end residential project.
  • Advised Commons, a co-working start-up with two locations in Bucharest and one in London, with negotiating the lease of three premises to be used as co-working hubs in Bucharest, totalling a surface area of over 3,300 sq.m.
  • Advised Groupè Renault and Automobile Dacia on the largest ever single tenant build-to-suit office lease in Romania, over 39,000 sq. m
  • Advised the largest and leading fitness group in Romania, World Class, on all leases of premises for their fitness clubs since 2008, being around 45 locations in Bucharest, Ploiesti, Pitesti, Cluj, Timisoara, Bacau, Constanta and Iasi.
  • Advised UPC Romania, the local subsidiary of Liberty Global, in relation to the lease of three floors totalling an area of approximately 6,000 sq.m. within a Class A building in order to consolidate all the client’s staff from existing offices elsewhere in Bucharest in one building.
  • Advised WebHelp Romania, a 35,000 people-strong global leader in business process outsourcing (BPO) and specialised in customer experience with 3 awards at the ABSL Gala 2018, in relation to the lease of an additional three floors totalling a surface area of over 1,500 sq.m. for expanding its office premises in Bucharest.
  • Advised Teads, a UK-based ad-tech company that creates outstream video advertising, on the lease of their new office premises, currently under construction in the Dorobanti area of Bucharest.
  • Advised British American Tobacco Romania on the lease of a 25,000 sq. m. multipurpose operating premises, including a fiscal warehouse, storage facilities, packaging facilities and office areas in Ploiesti West Park, the largest business development in South East Europe.
  • Advised First Property Group PLC, an award winning property fund manager and investor with operations in the UK, Poland and Romania, in conjunction with a group of investors, on the acquisition of the MAESTRO BUSINESS CENTER Office Building located in Cluj - Napoca, Romania.
  • Advised Futureal Management, one of the leading real estate developers and investors in Central Eastern Europe, in relation to the estimated EUR 3M Parcului project, centred on the acquisition of over 15,000 sq. m. located within District 1, Bucharest – one of the main residential areas in the city.
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