Firms To Watch: Real estate and construction

act | Botezatu Estrade Partners has an active team which has recently taken lead roles on several high-profile acquisitions. Mihaela Posirca heads up the practice.
Popescu & Asociatii fields an experienced team which is particularly well regarded for contentious and non-contentious construction and infrastructure matters. Loredana Popescu oversees the work.
Under the guidance of Cătălina Dicu, the offering at STOICA & Asociatii – Attorneys at Law is developing a growing reputation for its litigation expertise, where it handles a raft of construction, administrative and real estate-related claims.

Firms in the Spotlight Real estate and construction

Popovici Nitu Stoica & Asociatii

Popovici Nitu Stoica & Asociatii logo

Popovici Nitu Stoica & Asociatii is a leading Romanian independent law firm. Established in 1995, as one of the first incorporated partnerships, the firm brings together strong local resources, with exceptional credentials, outstanding records and distinguished careers in law, business and academia.

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Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys)

Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys) logo

At BOANTA, GIDEI & ASOCIATII SCP (in association with CEE Attorneys) we cover every aspect of the real estate market and cooperate with commonly known respected construction companies, real estate funds, management companies, architecture offices, at local and regional level.

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Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen logo

For over 30 years, Nestor Nestor Diculescu Kingston Petersen (NNDKP) has guided both domestic and international companies through the intricacies of the Romanian legal landscape, being recognized as a promoter of business law on the local market. NNDKP offers integrated legal and tax services at international standards across all legal areas relevant for businesses and …

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Real estate and construction in Romania

Albota Law Firm

Albota Law Firm is a leading commercial real estate boutique with ‘one of the most prolific and efficient teams‘ operating in Romania. The 'brilliant' practice is led by 'exceptional' Oana Albotă with a ‘pragmatic, problem-solving approach‘. Clients include major domestic and international developers and investors, which the firm assists with a broad range of commercial and residential projects and acquisitions across multiple asset classes, including office, retail,  and industrial. The firm’s flexibility extends to a broad range of areas of work, including support on construction disputes, leaseholder renegotiations and refinancings. Albotă is backed by an experienced team of associates including Diana Badea, Bogdan Roscaniuc and Andreea Ciobanu.

Practice head(s):

Oana Albotă


Other key lawyers:

Diana Badea; Bogdan Roscaniuc; Andreea Ciobanu


Testimonials

‘Albota Law Firm has been knowledgeable, responsive and most helpful.’

‘During the period of time that we have worked with Albota Law Firm, they demonstrated brilliant qualities in the field of law, readiness to speedily complete every issue which was raised and eagerness to assist with their profound knowledge.’

‘Albota Law Firm has currently one of the most prolific and efficient teams acting in the real estate market. We are pleased to benefit from their professional services and support within our complex developments. They have proven strong detailed knowledge on the business practice and legal implications, being able to forecast and provide in time advice on the complete project development starting from the first land acquisition due diligence up to the project commissioning and sale transaction. They are continuously connected with the latest legislation and technology required in their field of practice, thus being an efficient collaborator with immediate reactions to any requirement raised within the project evolution.’

‘Oana Albotă is a strong leader ensuring the efficiency of her team. She has proven a prompt reaction and support, with an impressive knowledge of the real estate business.’

‘Very strong team that can assist you in any legal matter or aspect related to real estate and beyond. They have been our most trusted advisor for the last couple of years.’

‘They are very professional and responded to all my questions and gave recommendations. They helped us create different models of contracts that suit our needs.’

‘They are a very dedicated team. Their main focus is to help you to close the deal, not to break it. They have very high knowledge of Romanian real estate and construction laws.’

‘We worked with Oana Albotă. She is an exceptional lawyer – we appreciate her pragmatic, problem-solving approach, her personal involvement into our legal matters and the great coordination of our legal matters. We also work very well with Diana Badea, who is very prompt and keen to assist, always delivering high quality services.’

Key clients

Atenor


S Group Holding/ Green Gate Development


White Star Real Estate / Liberty Technology Park/ Liberty Residential


Conarg Group


London Partners/Belvedere Residences UTR 3


CTP Romania/ CTPInvest/ H.E.E. Mercury (Proprietati)


Nepi/Nre Sibiu Shopping City


Shikun Binui/ Point Development


Skv Properties


Tiab / Vinci Energies


Optim Project Management


Zone Development


First Property


Strategic Ventures


Mentech Instal


Ankitech


Cargill Agricultura


Toluna Romania


RC Europe


Tetris Design & Build Romania


Ox2/ Ox2 Ab Stockholm – Sucursala Bucuresti


Work highlights


  • Assisting Atenor with the the sale of the Hermes Business Campus by means of a share transfer within NGY Propertiers Investment, the special purpose vehicle which developed the project.
  • Assisting Atenor with the sale of Dacia One by means of a share transfer within Victoriei 174 Business Development, the special purpose vehicle which developed the project.
  • Advised Atenor on the development and sale of the project UpSite Bucharest, the client’s first residential project in Bucharest.

Nestor Nestor Diculescu Kingston Petersen

Nestor Nestor Diculescu Kingston Petersen has a comprehensive real estate and construction practice which offers ‘exceptional expertise in permitting and litigation matters‘. In addition to its headquarters in Bucharest, the firm has offices in Timisaora and Cluj, ensuring strong on-the-ground support for the full range of related regulatory and commercial issues. This includes transactional and development advice across key asset classes, including office space, retail, residential, hospitality, and industrial and logistics sites. Clients are similarly diverse, spanning major landlords, investors, developers and occupiers. Highly experienced Ioana Niculeasa leads the team, which includes 'excellent advisor' Vlad Tanase and Lavinia Ionita-Rasmussen, who is praised for her ‘commitment to her client’s interests‘. At the associate level, Ioana Grigoriu is recommended.

Practice head(s):

Ioana Niculeasa


Other key lawyers:

Vlad Tanase; Lavinia Ionita-Rasmussen; Ioana Grigoriu


Testimonials

‘The team offers exceptional expertise in permitting and litigation matters.’

‘Vlad Tanase is an excellent advisor on real estate and construction matters. His stunning expertise on all permitting-related matters gives you the comfort your plan is in good hands.’

‘The team we worked with was very client oriented. The relevant transaction was quite complicated, and the lawyers fought hard for ensuring additional safety mechanisms in favour of us, whilst simultaneously safeguarding a functioning relationship with the seller.’

‘I would trust Lavinia Ionita-Rasmussen’s commitment to her client’s interests and she can play the bad cop role if necessary whilst doing so in an elegant, non-offending way.’

Key clients

Forte Partners


AFI Europe


Auchan


WDP


Mobexpert Group


Globalworth Real Estate Investment Limited


De’Longhi Romania


Weisenburger Real Estate Romania


Griro SA


Impetum Group


CTP


Al Sin Management


Work highlights


  • Assisting Forte Partners with leasing over 10,000 square metres of office space to Estee Lauder for the opening of its Romanian digital centre, as well as over 8,000 square metres to Booking Holdings.
  • Assisting Fattal Group, a major European hotel chain, with the acquisition of the Golden Tulip Hotel in Central Bucharest.
  • Advising Insight investment on all the Romanian aspects, including significant real estate issues, concerning the indirect sale of four Romanian businesses (three farming companies and a management company).

Peli Partners

Peli Partners’ capacity to handle a wide range of matters is a major draw, with clients noting that ‘no project is too big or small’. The team regularly advises on high-end corporate structured investments and joint venture arrangements, and is comfortable across all asset classes, including office, retail, hospitality, healthcare and industrial all being particularly active recently. Practice head Oana Badarau ‘understands the client’s expectations, pressures and constraints and manages to deliver within these parameters‘. Managing partner Francisc Peli is also active within the department. The firm fields an experienced team of junior practitioners, including senior associate Ioana Waszkiewicz, and associates Madalina Fildan and Alexandra Ionita.

Practice head(s):

Oana Badarau


Other key lawyers:

Francisc Peli; Madalina Fildan; Alexandra Ionita; Ioana Waszkiewicz


Testimonials

‘Alexandra Ionita has been very helpful.’

‘The collaboration with the team is very smooth. They are pro-active, prompt and open to discuss the fee arrangements in order to make things work for the client. No project is too big or small, they offer the same professionalism no matter the complexity.’

‘Oana Badarau is one of the most business-oriented partners that I have worked with so far. She understands the client’s expectations, pressures and constraints and manages to deliver within these parameters. Also very approachable and transparent which eases the communication process.’

 

Key clients

Adventum International


AFI Europe


Alpha Real Estate Services


American Construction Technologies (ACT)


Argo Real Estate


Colosseum Mall


Enayati Group


Forte Partners


Globe Trade Centre (GTC)


ID Group


Immofinanz AG


Jones Lang Lasalle


Jumbo


Jupiter Group


Lion’s Head


Macquarie Group (former GLL Real Estate Partners)


Mitiska REIM


Niro Investment Group


PepsiCo


Portland Trust


R & R Premium Development


Romcim


Scallier Investment


Skanska


Sofmedica Group


Strabag Real Estate


Tiriac Group


Vastint


Zuri Residence


Work highlights


  • Advising Adventum Quartum Central Europe SICAV on the acquisition of Hermes Business Campus from Atenor.
  • Assisted Portland Trust with the sale, to S Immo, of its special purpose vehicle for developing the Bucharest-based Expo Business Park, an office project consisting of three buildings with an approximate area of 39,000 square metres.
  • Assisting Skanska with the sale, as a share deal, of two of its special purpose vehicles currently developing the Campus 6.2 and Campus 6.3 office projects, in which Microsoft Romania and Societe Generale European Business Services are anchor tenants.

Popovici Nitu Stoica & Asociatii

Popovici Nitu Stoica & Asociatii is instructed by an impressive portfolio of clients, who dominate many corners of Romania’s real estate market; these include major landowners and developers, domestic and international investment funds, banks, construction companies, and strategic and industrial investors. This span of clients ensures a broad range of work, including major financings, acquisitions and development projects, property and asset-based financings, and the creation of special purpose vehicles. On the development side, the firm is currently involved in seven mixed-use projects with an aggregate value of over €1.5bn. Florian Niţu oversees contentious and non-contentious real estate work, while Valentin Creața heads the development offering. Other names to note include corporate finance specialist Bogdan C. Stoica, development expert Ioana Șampek, and, for retail developments, Irina Ivanciu.

Practice head(s):

Florian Nițu; Valentin Creața


Other key lawyers:

Bogdan C. Stoica; Ioana Șampek; Irina Ivanciu


Testimonials

‘The team of attorneys are well prepared, willing to investigate the case for proper advice. Involved and result-oriented, very good at obtaining results for their client.’

Key clients

Auchan Group (Auchan Romania, Ceetrus, Leroy Merlin)


Dedeman


S IMMO Sparkassen Immobilien


GLL Real Estate (Macquarie infrastructure and real assets (MIRA))


P3 Logistic Parks


Knight Frank


Estoria Group & Hexagon Group


VGP Group


WDP


Lincoln Electric


Work highlights


  • Advised Paval Holding, the holding company of Dedeman SRL, on the €50m purchase of the Dacia One office building project developed by Atenor Group.
  • Advising Hexagon Group on a mix of real estate investment, divestment and development projects in Cluj, including the acquisition of the Ferrosan plant, the Hexagon District Project, and the sale of three office buildings.
  • Advising VGP Group, a pan-European developer, manager and owner of logistics and semi-industrial real estate, on its VGP Parks projects in Romania with a €100m land acquisition investment budget.

Reff & Associates SCA

Reff & Associates SCA brings an array of ‘top-notch skills‘ to the table for commercial property and development matters. The firm has established a longstanding track record for assisting on some of the market’s largest buy-side and sell-side mandates, and is also noted for its expert support on the tax structuring side. In addition, the team has extensive infrastructure in place for assistance with related regulatory issues, including environmental and planning law. Clients include major real estate investment funds, international corporates and strategic investors operating across several key industries, including agribusiness, manufacturing and natural resources. Irina Dimitriu heads a team of ‘very dynamic professionals‘. Founding partner Alexandru Reff retains a strong footprint in the market, while Simona Iacob and Larisa Popoviciu are strong on transactional matters and development agreements, respectively.

Practice head(s):

Irina Dimitriu


Other key lawyers:

Alexandru Reff; Simona Iacob; Larisa Popoviciu


Testimonials

‘Very dynamic professionals.’

‘Top-notch skills.’

Key clients

Speedwell (Wellman BV)


MAS Real Estate


Alinso Group / Allianso Park Management


Studium Green


Knauf Insulation


Zen Global DMCC


African Industries Group


Prime Kapital


Expo Market Doraly


NEPI Rockcastle


IKEA Romania


Metav Business Park


adidas Romania SRL


Arcade Property


UE Furniture


Demetra Group


Atlas Corporation


Work highlights


  • Advising real estate developer Speedwell, a Belgian-based fund, on the purchase of a nine-hectare land plot located on the Griro platform in Bucharest.
  • Advising MAS Real Estate pn the €320m acquisition of six shopping centres from Prime Kapital.
  • Advising the Belgian real estate group Alinso on the acquisition of the Metav Business Park in Bucharest.

Schoenherr si Asociatii SCA

Schoenherr si Asociatii SCA is praised for its ‘perfect work results‘, and is also valued for its strong regional footprint, which makes it ‘an excellent choice for cross-border projects’. Multinational companies and investors feature prominently in the firm’s client portfolio, including major retailers, energy companies, manufacturers and investment funds. The firm’s recent mandates have covered many key asset classes, including office, industrial and residential project developments, often at a corporate scale involving multiasset portfolio acquisitions and sales. Other areas of recent activity include advising on leaseholder and construction agreements, and environmental issues. The team is led by Sebastian Gutiu, and also includes seasoned practitioner Oana Constantinescu and highly regarded Mădălina Mitan.

Practice head(s):

Sebastian Gutiu


Other key lawyers:

Oana Constantinescu; Mădălina Mitan


Testimonials

‘Perfect work results, high responsiveness.’

‘They are an excellent choice for cross-border projects in the region or for companies with a CEE footprint. Their offices work very well together, acting and moving as one.’

‘Sebastian Gutiu is excellent. He heads a large real estate team at Schoenherr which he has built. They are best known in the market for real estate transactions.’

Key clients

Allianz-Tiriac


OMV Petrom


UNIQA Real Estate


Work highlights


  • Advised a real estate investor on the acquisition of an office building in Bucharest.
  • Advising a manufacturing company on real estate matters in connection with its plans to build a production facility in Romania.
  • Advised a real estate developer on the full range of real estate and construction matters in connection with a residential project development in Bucharest.

Tuca Zbârcea & Asociatii

Tuca Zbârcea & Asociatii provides ‘great and reliable support in both due diligence and transactional works‘; high-value real estate developments, acquisitions and sales are a sweet spot for the practice, and the firm’s multidisciplinary approach is an asset for large deals. The team’s client portfolio spans domestic and international clients, while its broad workload covers real estate finance, urban planning, regulatory compliance and dispute resolution. Razvan Gheorghiu-Testa and Dan Borbely jointly lead the group; the latter has a strong focus on retail, office and residential projects. Oana Ureche has strong transactional credentials, as does recently promoted partner Alexandra Peres. Dragos Apostol advises on acquisitions and development projects. At the managing associate level, Amalia Dumitru is the key name.

Practice head(s):

Razvan Gheorghiu-Testa; Dan Borbely


Other key lawyers:

Oana Ureche; Dragos Apostol; Raluca Misu; Amalia Dumitru; Alexandra Peres


Testimonials

‘Unique approach to the client relationship with creates the feeling of having in fact a strong in-house legal department, so it is about that genuine feeling of being able to discuss a matter without having the feeling of working with an advisor, but rather with a member of your own team. The multi-disciplinary approach on matters makes also a big difference.’

‘Each lawyer is unique and apart from the fact they are great professionals, they are great human beings and I consider them like my own colleagues.’

‘Great and reliable support in both due diligence and transactional works.’

‘Oana Ureche is very precise and provides very reliable legal assessments of complex real estate situations.’

Key clients

Morgan Stanley Real Estate Investing


Carrefour Romania


CEZ Romania


McDonald’s Romania


Vodafone Group Services plc


Speedwell (Belgian real estate investment fund)


Cinema City Romania


Superbet Group, part of Blackstone


Edificia Star Construct S.R.L.


Central View


Elements Logistic & Industrial (ELII)


Indotek Group (Hungary)


Booking Holdings


AYA Properties Fund


Zacaria Group


Revetas Capital Advisors


Maurer Imobiliare


Work highlights


  • Advising Revetas Capital on the disposal of Vitantis Shopping Center to Praktiker Real Estate Romania.
  • Advising Zacaria Group on a €60m divestment of four logistics projects to CTP Romania.
  • Advising Indotek, a major Hungarian real estate investment fund, on the acquisition of Baneasa Business Center from Adval Asset Management.

Biris Goran SPARL

Biris Goran SPARL fields a ‘young and dynamic team‘ in which each practitioner 'has great knowledge of the field'. The firm advises on acquisitions, sales and development projects across all asset classes, including office buildings, residential, retail, industrial and logistics spaces, and agribusiness. Daniela Lazea jointly leads the team with Sorin Aungurenci; the latter is ‘very efficient, smart and applies perfectly his knowledge on specific, even technical issues in contracts‘. Mariana Signeanu is the key name for real estate financing issues.

Practice head(s):

Daniela Lazea; Sorin Aungurenci


Other key lawyers:

Mariana Signeanu


Testimonials

‘Boris Goran has left me with a great impression of professionalism and promptness, they have a young and dynamic team, very motivated, driven, well-prepared and highly intelligent, solution-oriented.’

‘Each team member we have worked with has great knowledge of the field and had been able to work independently with the client.’

‘ Sorin Aungurenci – for his real estate and construction knowledge. He is very efficient, smart and applies perfectly his knowledge on specific, even technical issues in contracts. Great help in complex negotiations, for his calm and smart approach. Good communication skills to be able to understand what are the client’s targets. Working to find a way to accomodate these intentions in the legal documents. He has proven clear judgement, balance and remarkable power of synthesis.’

Key clients

Hagag Development Europe


CTP Invest


Adam America


Rossmann Groupe


SES Holding – Maria Group


River Development


Tubinox SA


Gran Via


Work highlights


  • Assisting Hagag Development Europe with seven acquisition and development projects in Bucharest.
  • Assisted CTP with the acquisition of seven target companies for operating logistics parks.
  • Assisted Adam America with the sale of Construdava Office Building, a 13,000 square metre office building located on the Pipera-Tunari road in Voluntari, Ilfov County.

CMS

CMS is described by clients as 'one of the strongest teams you can find in Romania'. The firm’s workload spans acquisitions, developments, regulatory and contentious issues across all of the main asset classes, including residential, retail, logistics, hospitality, offices and renewables. The firm’s wide-ranging CEE network also makes it an attractive choice for cross-border investors, including corporates and funds. Practice head Roxana Fratila ‘has the expertise and intelligence to identify the best strategic approach in every transaction‘. Senior associate Alexandru Dumitrescu is another key team member.

Practice head(s):

Roxana Fratila


Other key lawyers:

Alexandru Dumitrescu


Testimonials

‘One of the strongest teams you can find in Romania. We feel that with the CMS team on our side nothing can go wrong, as it has been proven by the fact that there is no case which has caused issues to us after closing.’

‘Roxana Fratila has the expertise and intelligence to identify the best strategic approach in every transaction, simplifying the structure and thus reaching the closing much sooner.’

‘Trustworthy people, who act with integrity, re-imagine the impossible and care about their client.’

‘The real estate team is composed of very strong and self-confident professionals.’

‘Client-oriented team with extensive professional background and know-how; very good knowledge/understanding of the market, of the clients’ needs and of the substance of the deals they are assisting with; very good communication within CMS which makes it very easy for the clients to address their various needs and find proper solutions.’

‘Roxana Fratila – her proactive and client oriented approach backed by a vast and strong knowledge and understanding of the industry, she has a customised approach in responding to the clients’ needs and an excellent ability to build and maintain strong relationships with the clients, always finding the proper solution for any kind of legal issue that may arise, excellent communication and negotiations skills, very good coordination with the members of her team.’

‘I have worked with the CMS Romania team on a number of real estate transactions, and I would highly recommend them. They provide clear, succinct advice which is tailored to my requests, often coupled with useful industry insight into the domestic market. Our primary point of contact, Alexandru Dumitrescu, is very responsive. He makes an additional effort to familiarise himself with our company’s technologies and system tools, which we greatly appreciate.’

‘Alexandru Dumitrescu is our primary point of contact for commercial real estate matters. We value his advice on complex, nuanced issues under Romanian law and he has guided us through uncharted territory with ease.’

Key clients

Allianz Real Estate and VGP NV


Atlas Estates


Primark Limited


Element Invest Partners


DP World


AGI Hera (Alpha Group Investment)


Ford Otomotiv Sanayi


Banca Comerciala Română, BRD Group Société Générale and Erste Bank


Low Carbon Investment Management Limited and Northland Power


Work highlights


  • Advising Allianz Real Estate and VGP NV on the third round of a major acquisition of logistic parks developed by VGP NV.
  • Assisting Element Invest Partners with the establishment of a joint venture in Romania for developing and renting out logistics and industrial real estate.
  • Assisting Primark with the negotiation and conclusion of the lease agreements for the first two Primark stores in Romania.

Dentons

Dentons has a multidisciplinary commercial real estate offering which handles the gamut of sales and acquisitions, corporate structurings, financings, litigation, development and asset management. The firm also has a strong niche for advising clients on title insurance. In addition, the group is known for expertly handling major cross-border deals, including those with a strong M&A component, and practitioners such as managing partner Perry Zizzi will often lead on the CEE-wide aspects of deals, as was the case with KKR and Global Infrastructure Partners’ global acquisition of the data centre operator CyrusOne. Bogdan Papandopol leads the team, which also includes counsel Cristian Popescu.

Practice head(s):

Bogdan Papandopol


Other key lawyers:

Perry Zizzi; Cristian Popescu


Key clients

KKR


Global Infrastructure Partners


Fortress REIT


Europa Capital


Atrium European Real Estate


Eurobank (Athens)


Raiffeisen


KC Agro


Nutre Farming


Wienerberger


Holde Invest


Transcarpathians Trading (member of the African Industries Group)


Codic


Alpha Bank


Black Sea Trade and Development Bank


Nobel Group


Work highlights


  • Advised private equity firm KKR and fund manager Global Infrastructure Partners on the Romanian aspects of the $15bn acquisition of data centre operator CyrusOne.
  • Advised a major sovereign wealth fund on the Romanian aspects of a €3bn acquisition of a pan-European logistics portfolio from EQT Exeter’s private real estate fund, EQT Exeter European Value Venture III.
  • Assisted Fortress, a hybrid fund investing in direct properties and other listed real estate companies, with the acquisition of two companies which own a logistics park in the outskirts of Bucharest.

DLA Piper Dinu SCA

DLA Piper Dinu SCA fields a highly regarded commercial real estate group whose ‘team members are always up to date with current topics and can provide advice even if colleagues are unavailable‘. The practice covers the full range of real estate matters, including major development projects, financings, acquisitions and disposals, and real estate-related corporate structures. Practice head Alin Buftea ‘stands out as commercial minded and resourceful‘, while counsel Florin Tineghe is ‘a practitioner of exemplary professionalism who managed to find solutions and alternative options‘.

Practice head(s):

Alin Buftea


Other key lawyers:

Florin Tineghe; Cristi Porojanu


Testimonials

‘They are a team of professionals, from lawyers to financial people, who understand how to meet the expectations of any client.’

‘I worked closely with Florin Tineghe, a practitioner of exemplary professionalism who managed to find solutions and alternative options where we did not expect – very prompt, involved and very reliable.’

‘We always work directly with Alin Buftea. Over the years his approach has always been the same; prompt action and accurate legal advice.’

‘I particularly appreciate the availability of the team in general for support in various areas and the quick advice when needed. The internal collaboration within the firm ensures that team members are always up to date with current topics and can provide advice even if colleagues are unavailable.’

‘Extensive knowledge of areas of expertise, pro-active attitude, diligence.’

‘Alin Buftea stands out as commercial minded and resourceful.’

‘Committed, efficient, knowledgable and genuinely caring for their clients.’

‘Great professionals with excellent industry knowledge and commitment to the client.’

Key clients

PPF Real Estate


Atrium Properties (Vibe Properties)


International Alexander


Prime Kapital Development


Opus Land Development.


Colosseum Mall


Rembrandt Hotel


Wipro Technologies


Grawe Romania Asigurare


Intercontinental Hotels Group (


Hypo Noe Landesbank Für Niederösterreich Und Wien


Dentotal Protect.


Ox2


Metro Cash&Carry Romania


Rimo


Meta Estate Trust


Work highlights


  • Assisted PPF Real Estate with the acquisition of an 8,000 square metre site in the Orhideea business area, to help develop its ARC Office Building project.
  • Assisting Prime Kapital Development with office building leases and the due diligence process for the acquisition of a plot of land in Romania.
  • Assisting PNE with the acquisition and permitting of its photovoltaic and wind projects in Romania.

Eversheds Sutherland Romania

Eversheds Sutherland Romania is praised by a longstanding client for ‘delivering consistently excellent results over multiple legal matters‘. The group works on a consistent flow of high-end transactional and development mandates involving the industrial and logistics, commercial and retail, residential and renewables spaces, as well as handling matters relating to finance, litigation and title insurance. Clients include major corporate leaseholders and investors, and several of the more active real estate funds operating in Romania. Practice head Cristian Guia and senior associate Cristina Rosca are noted for their 'in-depth knowledge of the real estate market‘.

Practice head(s):

Cristian Guia


Other key lawyers:

Cristina Rosca


Testimonials

‘Great professional approach based on market knowledge and practice. In-depth analysis of specific requirements. Quick response time.’

‘We are working close with Cristian Guia and Cristina Rosca. Both of them are very professional, with an in-depth knowledge of the real estate market, providing us with the necessary support in specific cases.’

‘Stable and competent team delivering consistently excellent results over multiple legal matters.’

‘Constant availability, flexibility.’

Key clients

Microsoft


Volvo Romania


NEPI Rockcastle


Vodafone


REWE


Agrana Romania


AmRest (Starbucks/Burger King)


Klass Wagen


Hervis Romania


Leonidas


Primavera Development


Work highlights


  • Advising Microsoft on day-to-day real estate issues.
  • Advising NEPI Rockcastle on the acquisition of 17 hectares of land in the city of Galati, in South-Eastern Romania, for a mixed-use real estate project.
  • Advising Volvo Romania on various real estate projects, including freeholds and leaseholds, primarily related to its Romania-based trucks business.

Kinstellar

Kinstellar is a popular choice with international clients who benefit from the firm’s regional CEE footprint on cross-border deals. The active practice offers a comprehensive service to investors and developers, and is praised for providing a  ‘commercial, down-to-earth approach backed by in-depth research‘. Recent advice has included significant acquisitions and sales in the office and retail space, and also in renewables. Leasing advice to major corporate occupiers and logistics-related investments also feature prominently. Managing partner Victor Constantinescu co-heads the firm-wide real estate group and is considered a ‘long-time veteran and leading lawyer of the market‘. Managing associate Cătălin Dinu is also recommended.

Practice head(s):

Victor Constantinescu


Other key lawyers:

Cătălin Dinu


Testimonials

‘Victor Constantinescu – his depth of knowledge of the market, the players, the opposing lawyers and how to handle and manage the situation. His hands-on attitude gets deals across the line and he appears to be very well respected by peers.’

‘Kinstellar’s team has an amazing focus on the business goals that they align with local regulation and market standards. Their experience with respect to the real estate market in Romania is one of a kind, since they are able to support the client with the most complex legal issues. The team is extremly flexible with a solution-orientated approach, ready to provide the legal advice measured individually for each client.’

‘The commitment and professional service of Victor Constantinescu in providing the client with legal support is worth mentioning. His impressive konwledge goes hand-in-hand with a customer-oriented approach. Moreover, it should be emphasised that Cătălin Dinu is an outstanding lawyer with great business-oriented skills. He is extremly engaged in providing in-depth analyses that respond to clients’ needs.’

‘I believe Kinstellar’s strength lies in partners leading the matters effectively and efficiently, assigning right team and close monitoring, valuable advice on resolution of disputes rather than stretching every matter to court.’

‘Kinstellar did an excellent job. They shine through with their commercial, down-to-earth approach backed by in-depth research.’

‘Cătălin Dinu did an excellent job pulling it altogether. We also appreciated the involvement of Victor Constantinescu, who heads the real estate practice. A long-time veteran and leading lawyer of the market and native English speaker, his experience and commercial approach really came through on this project.’

‘Victor Constantinescu was always available to give advice and attended all calls. He was excellent at coordinating the team effort and always proposed new ideas and ways to look at the problem. Victor was fantastic from the moment we approached him for a quote – we have already highly recommended him within our company and have placed him on our database for all future relevant work. An absolute pleasure working with him. Victor is completely fluent in English and Romanian which was perfect for what we needed.’

Key clients

S IMMO


Davidson Kempner


CCC


Sumitomo


VGP Parks


Adval Asset Management


Element Industrial


Kalidom – Rosetti Estates


BIG Shopping Centers


Inteva Products


Accor Hotels


Resolution Property


Zeus Capital Management


Vetimex


Vitan Estates


Maersk


Logicor


Unirea Shopping Center


Work highlights


  • Advised S IMMO on the acquisition of EXPO Business Park, a three-building office complex in Bucharest, from Portland Trust.
  • Assisting Adval Asset Management with the sale of Băneasa Business Center to the Hungarian property investment company Indotek.

RTPR | Radu Taracila Padurari Retevoescu SCA

RTPR | Radu Taracila Padurari Retevoescu SCAhas a reputation for a broad practice which is also high quality‘; the offering covers all corners of the market, from title risk, through to urban planning and permitting, and real estate-related corporate and finance work. The firm’s strong connections with leading investors, leaseholders and banks ensures a wide-ranging market perspective. The practice is jointly headed by Alexandru Retevoescu and Raluca Năstase; the former has a strong focus on real estate finance, while the latter is singled out by one client as ‘an excellent lawyer and a great advisor‘. Counsel Ianita Tui always impresses with practical solutions and outstanding execution‘. At senior associate level, Bogdan Cordos is recommended.

Practice head(s):

Alexandru Retevoescu; Raluca Năstase


Other key lawyers:

Ianita Tui; Bogdan Cordos


Testimonials

‘RTPR is one of the best law firms in Romania and their real estate team has a reputation for a broad practice which is also high quality. They are very quick, very easy to reach and very flexible. They work really hard to meet their clients’ expectations and always anticipate any issues, adapting to the needs of their client with patience, creativity and pragmatism. I trust their advice and would be happy to recommend the team to anyone looking for complex legal work in the real estate field.’

‘I would like to recommend Raluca Năstase who is my main contact for real estate projects at RTPR. I have been working with Raluca for many years and her massive experience and knowledge in the real estate industry give me the confidence to trust her on any new project without a second thought. I very much respect her legal opinion based on many successful transactions and interactions with all important players in the real estate market. She knows the industry inside out, she is very commercial, resourceful and fights for her client with all resources. An excellent lawyer and a great advisor.’

‘I have been working extensively with Raluca Năstase. She is always available 24/7  and she will go out of her way to deliver and support her clients until the completion of the job. She will always think and put new ideas on the table for thoughts and discussion. It is a pleasure working with her.’

‘RTPR’s team has strong legal skills, impressive experience and client dedication. They anticipate the client’s needs and provide perfectly tailored advice and solutions to any problems that may appear along the way. Given their extensive experience, they have gathered deep market knowledge which they are able to corroborate with best in class legal advice to offer most efficient solutions and comprehensive documents for the transaction.’

‘I worked with Ianita Tui from RTPR’s team. She always impresses with practical solutions and outstanding execution of the documentation. She is very quick and helpful in negotiations by providing in advance the possible directions for the discussion and the most suitable options for us as a client. I definitely recommend her as a reliable legal partner for complex real estate transactions.’

‘Ianita Tui’s dedication and hard work contributed significantly to the success of our transactions. Ianita is an experienced lawyer, very well informed, flexible in terms of availably, and a very skilful negotiator, a quality that we particularly appreciated.’

‘Excellent legal knowledge and people skills. Able to deal with difficult conversations.’

‘Bogdan Cordos and Ianita Tui always proved exceptional legal skills, by providing thorough due diligence and research. They always provide practical solutions and stand out due to their client commitment and incredible work speed.’

Key clients

ING Business Shared Services


Rodbun Grup


Ursus Breweries


Efacec


Intero Group


Curitiba


City Grill


Mitiska


Oresa


OTP Bank


Chimopar


Work highlights


  • Advised Chimopar on the sale of a 20 hectare plot of land located on Theodor Pallady Boulevard in Bucharest.
  • Advised ING Tech, the global software development hub of the ING group, on the lease of a new office space in Cluj-Napoca.
  • Advised Oresa on the lease of an office space for the company’s new headquarters in Bucharest.

Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys)

The commercial real estate lawyers at Boanta, Gidei & Asociatii SCP (in association with CEE Attorneys) ‘really know the market and the trends in the region‘. The firm represents the majority of the major operators in the market, including developers, tenants, landlords and contractors. In addition to major asset classes such as industrial, logistics, office and residential spaces, the firm is also strong in the more specialised areas of agriculture and forest legislation. Practice head Sergiu Gîdei is described by one client as ‘among the most experienced real estate lawyers on the market‘.


Practice head(s):

Sergiu Gidei


Testimonials

‘I have been using BGA since the firm started. Highly knowledgeable partners and team, able to give good practical advice.’

‘Able to provide swift support and advice on a huge range of legal issues. Take the time to understand issues and your business to give comprehensive support.’

‘When it comes to real estate, BGA is one of the best teams I’ve worked with. They really know the market and the trends in the region, and they have excellent legal skills and competences to adapt to and finalise both sophisticated deals and smaller-scale transactions. I am equally impressed by their ability to find the right solutions by negotiating in a balanced way to reach our objectives, to close deals in a way that is fair to both parties. They have the ability to understand very well our commercial goals and integrate them in their legal solutions.’

Key clients

Olympian Park Group


Universul Group


Holde Agri Invest


HL1 Group


OMV Petrom


Cora – Louis Delhaize Group


Delamode Romania – Xpediator Group


Yusen Logistics Romania


Benevest Agra


Extensa Romania


Terra Invest Group


Aplast Wood Industry (


PPC Construct


Torrejuncal SA


4Property Partners


Simacek Facility Management


Okin Facility Management


Cerealcom Dolj


Peikko Romania


OLX Romania


SIF Muntenia


Work highlights


  • Advising Olympian Parks Group on the sale of 185,000 square metres of logistics and industrial parks in Southern Bucharest, Brasov and Timisoara to CTP.
  • Advising OMV Petrom on the sale of 43,000 square metres of land in Northern Bucharest.
  • Advising the retailer Cora, part of the Louis Delhaize Group, on the negotiation of several lease agreements for implementing a new proximity store concept, Cora Urban.

Bondoc si Asociatii SCA

Bondoc si Asociatii SCA fields a team of 'highly experienced lawyers in the domain'. The cross-practice group covers several key industries, with the energy sector being a particularly strong area of focus. Clients come from the public and private sector, with names from the latter category spanning a range of investment funds, financial institutions, and corporate investors and tenants. Experienced practitioners Mihaela Bondoc and Cosmin Stavaru handle a broad range of transactional, developmental and regulatory matters.

Practice head(s):

Mihaela Bondoc; Cosmin Stavaru


Testimonials

‘Working with Bondoc si Asociatii was a great experience in several ways. The highly experienced and competent team is the main reason for selecting their services, but their other attributes include longtime experience in the diverse domains embracing real estate and energy development projects.’

‘Highly experienced lawyers in the domain. Knowledge, wisdom and cunning make them the best in the negotiation of important business contracts. The team replies promptly. Availability and quick response is a must in legal support, and we can count on this team.’

Key clients

ASRA Engineering


Ecoenergia Immo


ImWind


Abaco Group


AFI Europe


Agricover


Aptiv Technology and Services & Solutions S


Agroserv Mariuta


Savri Com


Clariant Products


Claritas Investments


Clubul Fermierilor


Delphi Corporation


eMag


ENGIE


Eviva Energy


IMA Partners


Martifer


Merck Sharp Dohme


P3 Parks


PPF Group


Restart Energy One


Sarica Niculitel


Sympatia Financie


Tapbury Management


Town of Novaci


Wind Power


Windkraft Simonsfeld


Work highlights


  • Advised Clariant on the real estate aspects related to securing land for the €130m development and operation of a bioethanol plant in Podari, Southern Romania.
  • Advised ENGIE on the real estate due diligence linked to a large land plot intended for the development of a photovoltaic project.
  • Advising thinktank Clubul Fermierilor on legal issues and legislative developments, including preparing legislative proposals, and organising various trainings for young farmers.

bpv Grigorescu Stefanica

Practitioners at bpv Grigorescu Stefanica are 'are always looking for ways to add value and minimise risks'. Recently, the team has seen significant activity in the retail investment space, including advice to the Austrian real estate group Supernova on the acquisition of six Cora-branded shopping centres. Mixed-use real estate, renewables and urban regeneration projects have also kept the team busy. Practice head Anca Albulescu is ‘a very experienced real estate and commercial lawyer, and very practical individual‘. Daniel Stefanica typically handles contentious issues.

Practice head(s):

Anca Albulescu; Daniel Stefanica


Testimonials

‘bpv Grigorescu Stefanica is very client oriented and able to support and explain in a non-legal way the options and solutions for the company.’

‘They are very experienced in tax and real estate and for our large, complex projects, we need a legal consultant with a comprehensive background and exposure in these fields.’

”The lawyers are there for us every time we need them and they are very fast with sending answers to questions, being up to date with all the regulations and legal amendments in the areas of interest. What we like most about them is that they are flexible, take a commercial and sensible approach in formulating their advice, and are always looking for ways to add value and minimise risks.’

‘The team comprises recognised and experienced lawyers, very involved in the work, no matter the level of seniority.’

‘Anca Albulescu is a very experienced real estate and commercial lawyer, and very practical individual. She is particularly valuable in complex negotiations where a strong and confident presence is an advantage because her experience in industry enables her to put forward strong arguments which often lead to favorable outcomes because the counterparty is unable to fault her assertions.’

‘Business-oriented team.’

Key clients

Supernova


Massachusetts Mutual Life Insurance Company (MassMutual)


Worldline Business Services Romania


Hornbach


Magyar Suzuki


Forty Management


DKV Euro Service Romania


Work highlights


  • Advising Supernova, a major Austrian real estate group with a focus on retail properties in Central and Eastern European countries, on the acquisition of a chain of six prime shopping centres operating under the Cora brand name from the Louis Delhaize Group in Romania.
  • Advising MassMutual, the mutual life insurance company, on its investment into the Low Carbon Group, a UK-based developer, owner and operator of large-scale renewable energy projects.
  • Advising Forty Management, an international developer of premium green mixed-use real estate developments and urban reconversions, on the Central District Lagoon City urban regeneration project.

Clifford Chance Badea

Clifford Chance Badea has a strong track record for cross-border real estate transactions and development projects. The firm takes a multidisciplinary approach, with corporate head Nadia Badea playing an active role on transactional work, while projects head Andreea Sisman offers strong support on infrastructure and construction projects. Senior associate Lavinia Dinoci‘s practice also has a heavy emphasis on general real estate matters. The firm has extensive expertise in real estate finance and recently worked on several renewables-linked developments and acquisitions.

Practice head(s):

Nadia Badea


Other key lawyers:

Andreea Sisman; Lavinia Dinoci


Key clients

MAS Real Estate


Banca Comerciala Romana


Carrefour


Bayer CropScience Schweiz (Monsanto)


Panduit


OMV Petrom


Work highlights


  • Advising a major global hypermarket operator on various real estate development projects in Romania.
  • Advised a major global provider of industrial, electrical and network infrastructure services on the lease renewal of its headquarters and lease of new production facilities in Romania.
  • Advising a major private educational institution in Romania on various real estate issues, including the negotiation and execution of construction contracts.

Filip & Company

Filip & Company‘s has 'a deep understanding of the commercial, technical and legal context'. M&A-related real estate work, and development projects in the renewables, healthcare and retail park sectors have all kept the firm busy recently. Clients come from all corners of the market, and include leading investment funds, foreign developers and major corporates such as RCS & RDS and Auchan. Ioana Roman leads the team, ably supported by counsel Mihaela Ispas. Senior associate Oana Mina and associate Alexandru Popa are also noted.

Practice head(s):

Ioana Roman


Other key lawyers:

Mihaela Ispas; Oana Mina; Alexandru Popa


Testimonials

‘Besides the excellent legal support – always tailored and on time (even at short notice), the profound knowledge of the renewable market and a deep understanding of the commercial, technical and legal context – it is above all the dedication and personal commitment of the team which makes this cooperation go far beyond a usual business relationship. Working with a lot of law firms in various jurisdictions I have rarely experienced such a successful blend of professional excellence and personal connection.’

‘Ioana Roman is an exceptional person, both professionally and personally. Her (and her team’s) support is outstanding.’

‘They are excellent at establishing professional and human relationships which go beyond the traditional and sometimes sterile nature of conventional legal assistance. We are happy for the sustained growth of their practice and can call ourselves proud to be in their stable of clients, not just because we have such a longstanding, fruitful relationship, but mostly because we share their values and corporate culture. Highly recommended.’

‘Ioana Roman – fierce but fair negotiator, excellent coordinator of her team, Ioana is that rare kind of professional operative who never loses sight of the key vectors of the situation or deal. Could not be happier with her being at the helm of this wonderful team. Mihaela Ispas – great attention to detail, very thorough and precise, always thinking ahead. Good under pressure.’

‘Very experienced team, with high level of professionalism. The team has always been following up closely the updates in the legislation and has been providing us very promptly with valuable and practical advice. This has facilitated immensely our company to proceed successfully with our renewable projects and close fruitful deals.’

‘Besides being great professionals with extensive experience, the real estate lawyers’ strengths are being very prompt, hands-on and business-oriented. Also, what I appreciate most is that they are focused on the problem at hand and not losing themselves on details that are not important for the client/project.’

‘I really appreciate working with Ioana Roman and Mihaela Ispas, who both have a very approachable and business-oriented attitude, while making sure things are handled at the highest level of professionalism.’

‘All those with whom I collaborated, on various subjects, were available, treated our requests with priority and provided us with the resolution in time. Communication is very good and thus we can collaborate on the best terms.’

Key clients

RCS & RDS


Anchor Group


LafargeHolcim (Romania)


Alesonor/ Magnet Developments


Auchan Romania


One United Properties


Nestle Romania


PPLI Group/ Veranda Obor


Kingfisher PLC/ Bricostore Romania


Real Hyper Magazine/ Remarkt Magazine


Centrul Medical Unirea/ Regina Maria


Sol Holding


Rueben Brothers Group/ TFB Mortgages


Tiriac Group/ Tiriac Holdings


Prologis


Sof Medica Group / MedCity


Banca Transilvania


UBM Development AG


Total Soft


Comtel Focus S.A. / Vienna House


Electrica S.A.


Alexander Bărbuț, Thomas Bărbuț and Marcel Bărbuț


Kameran Financial Limited (Vladimir Cohn)


Crucea Wind Farm (part of Hidroelectrica)


Forge Crossfit and The Forge Association


Coöperatieve Rabobank


Pandora Jewellery


Total Soft


Work highlights


  • Assisted One United Properties, a major Romanian residential real estate developer, with its IPO and subsequent listing on the Bucharest Stock Exchange, which included due diligence on over 16 real estate projects that the company was developing.
  • Assisted Anchor Group, a major foreign investor, on its planned acquisition of a cinema operator.
  • Assisting the Tiriac Group with the sale, to Demean, of a 145,000 square metre real estate site in Timisoara.

Musat & Asociatii

Musat & Asociatii fields 'a team which is available at all times, including holidays, to make sure the deal gets done'. The group advises a mix of real estate developers, retailers and investment companies. This includes support with portfolio and land acquisitions, development projects, divestments, and broader contentious issues, where Andra Mihalache is focused. Department head Monia Dobrescu is noted for her 'outstanding expertise'.  Clients also rate ‘exceptional‘ managing associate Mădălina Trifan.

Practice head(s):

Monia Dobrescu


Other key lawyers:

Andra Mihalache; Mădălina Trifan


Testimonials

‘Professional and very experienced team.’

‘Patience with foreign in-house lawyers who need to be taught the underlying principles  – and it’s done in excellent English.’

‘Monia Dobrescu leads a team which is available at all times, including holidays, to make sure the deal gets done. In this regard, Mădălina Trifan is exceptional.’

‘Excellent work and involvement from the team. Appreciated availability as and when needed.’

‘Special mention to Mădălina Trifan for her involvement in the recent collaboration. Working after hours, quick response to business needs, very good communication skills, in-depth analyses of each piece of information. Much appreciated her engagement and quality work.’

‘As always a very good collaboration with Monia Dobrescu having an excellent team under her responsibility. Appreciated availability and support giving always relevant direction to the team, guidance to the client and with an outstanding expertise.’

Key clients

Catted


Teconnex


Kaufland


Adesgo


Ecolab


Sika


Top Lac


Work highlights


  • Advised Catted, a Romanian logistics and warehousing company, on the sale of the logistics park, Business Park Chitila, to the real estate developer Globalworth.
  • Advised Teconnex, a manufacturer of specialised jointing solutions and part of the Hexadex Group, on its business in Romania, in addition to its existing lease agreement for more warehouse and office space.
  • Advised Sika, a major specialty chemicals company, on the Romanian real estate aspects of its €5.2bn acquisition of MBCC Group from Lone Star Funds, a global private equity firm.

Stratulat Albulescu Attorneys at Law

The ‘very supportive‘ team at Stratulat Albulescu Attorneys at Law has a strong track record for investment, development and property management advice, including support for tenants. Practice head Silviu Stratulat and managing associate Manuela Iurascu 'are the perfect team to go into real estate projects with'. Recently promoted partner Tudor Ciambur and senior associate Daiana Assoum 'always propose practical solutions‘.

Practice head(s):

Silviu Stratulat


Other key lawyers:

Tudor Ciambur; Manuela Iurascu; Daiana Assoum


Testimonials

‘Very good knowledge of the legislation and of the market practice. Strong capability to apply it in the light of the client’s needs and of the practical implications. Very good negotiators.’

‘Silviu Stratulat and Manuela Iurascu are the perfect team to go into real estate projects with. Seasoned and practical professionals, with an incredible speed of  execution and a great capacity to meet short deadlines.’

‘The team we work with is led by Silviu Stratulat – a partner with a lot of experience, proactivity and strength. A magnificent lawyer in every sense of the word! Technical, meticulous and at the same time creative. He always finds solutions to complex issues and does not get involved in sterile discussions. I appreciate Silviu for being dynamic and decisive. He knows us as if he were one of us and he also knows the market and its players very well.’

‘Daiana Assoum is also a very talented and knowledgeable lawyer and ready to help whenever needed. Totally recommend her.’

‘Very supportive team, great legal knowledge and expertise in real estate transactions.’

‘Tudor Caimbur and Daiana Assoum – both of them are highly educated professionals in the field of real estate, with an ability to view issues in a complex manner. Thorough, responsive and always propose practical solutions. Good negotiators.’

‘The whole team is well prepared and has the capacity to effectively cooperate and integrate with other practice teams. What we like the most is their responsiveness, flexibility and their professional approach.’

‘Silviu Stratulat is our main contact for all the issues that arise. We have worked with Silviu for many years now and we are very happy with this collaboration and with the team he leads. Silviu and his team are diligent and responsive and consistently provide us with well-reasoned and insightful advice. Daiana Assoum also provides great support and reliable legal advice in dealing with the Romanian real estate market. She complements the team with great drafting skills and excellent knowledge of commercial real estate.’

Key clients

Indotek Group


Cordia International Hungary – former Futureal Management Hungary


Element Group


Practic


Hagag Group


Stay Fit


Cargus


Cellini


Hervis Sports & Fashion


World Class Romania


QeOPS


Fortress


Brillio


Scallier Investment


Work highlights


  • Advised Indotek, a group of investment management companies with Hungarian and US investors, on the acquisition of the office building One Victoriei Center.
  • Advised Practic on the sale of a 1,362 square metre land plot in Bucharest to Hagag Primaverii 1, a vehicle of the Hagag Group.
  • Advised Element Industrial on the lease of approximately 16,000 square metres to FERRO Romania.

Wolf Theiss

Wolf Theiss is instructed by domestic and international real estate investors and developers, often working closely with colleagues in the firm’s wider CEE office network on cross-border deals. The firm has significantly invested into the practice recently, as demonstrated by the recruitment of Roxana Dudau from Băncilă, Diaconu și Asociații SPRL in September 2022, and counsel Dana Toma from her own private practice in May 2022. The new arrivals join an active team, which also includes managing partner Bryan Jardine. Real estate finance, development work, and related corporate acquisitions are particular areas of strength.

Practice head(s):

Roxana Dudau; Dana Toma


Other key lawyers:

Bryan Jardine


Key clients

Aberdeen Immobilien Kapitalanlagegesellschaft, Degi Millennium Tower


Revetas Capital Advisors LLP


Erste Group Bank


Banca Comerciala Romana


Novalpina Capital LLP


Work highlights


  • Representing Aberdeen Immobilien Kapitalanlagegesellschaft in €55m worth of claims surrounding the construction of a Bucharest office building.
  • Assisting Dravus Investment with multiple transactions in Romania, including the acquisition takeover of the Romanian company Dinoram and its portfolio of photovoltaic projects.
  • Advising Sunman Group on the real estate aspects of its acquisition of Noriel Group, a toy manufacturer, distributor and retailer.

D&B David si Baias SCA

D&B David si Baias SCA brings a broad spread of expertise to the table. The practice provides a key supporting role to the corporate team on M&A deals with a significant property component, as well as offering advice to developers and investors, including major funds, on their acquisitions and projects in the retail, office, industrial and agricultural spaces. Corporate expert Anda Rojanschi leads the team. Competition and commercial law specialist Sorin David is also active in the team. Clients single out managing associate Georgiana Bălan for her ‘ability to develop creative solutions‘.

Practice head(s):

Sorin David; Anda Rojanschi; Georgiana Bălan


Testimonials

‘Good knowledge of the Romanian real estate sector.’

‘Georgiana Bălan: ability to develop creative solutions.’

Key clients

Hodler Capital


Donalam


Yellow Tree


Piriou


Epam


B.Braun Pharmaceuticals


Ruris Impex


B.Braun Pharmaceuticals


 


Dragne & Asociatii SCA

Dragne & Asociatii SCA is recommended for its ‘in-depth legal analysis, advice and timely support each time‘. The firm has a particularly strong reputation for litigation matters, which cover the full range of real estate, construction and related administrative disputes. It is also active on the advisory and transactional side, assisting major clients – including retailer Lidl – with their Romanian property interests. Deputy managing partner Delia Bosman leads the team, ably supported by senior practitioner Ion Dragne. Disputes expert Ioana Oprea is another name to note.

Practice head(s):

Delia Bosman; Ioana Oprea


Other key lawyers:

Ion Dragne


Testimonials

‘The team at Dragne & Asociatii is capable of providing in-depth legal analysis, advice and timely support each time it is needed and they are exceptional at interpreting and translating legal terminology into easy-to-understand explanations and summaries for non-legal teams.’

‘We have mainly worked with Ion Dragne who is a founding member of the firm and he is an outstanding professional providing comprehensive advice and delivering fully integrated solutions to us as clients in every case for which we requested his legal advice. He gets involved in all stages of a project from initial discussions, analysis, drafting, negotiations and implementation, always protecting our interests while keeping his focus to get to the desired solution. We value that he is a highly motivated and hardworking professional with excellent educational background and legal knowledge.’

Key clients

LIDL Romania


LIDL Discount


Work highlights


  • Representing Lidl Romania in multiple disputes linked to its real estate acquisitions in Romania.
  • Advising Lidl Discount on due diligence relating to the potential risks affecting ownership titles of land plots within Bucharest.

Laurentiu, Laurentiu & Asociatii

Laurentiu, Laurentiu & Asociatii is a top choice for clients operating in and around the city of Cluj, where the firm is based. Clients range from major international corporations and investors, through to tenants and private individuals. The firm assists with land acquisitions, development projects, and lease agreements, both for landlords and tenants. Practice head Ioana-Romana Laurentiu is commended for ‘always analysing all the situations in depth‘. Other key individuals include Alexandra Cohutiu, Achim-Sorin Razoare and ‘extremely insightful and innovativeAlin-Mihai Laurentiu.

Practice head(s):

Ioana-Romana Laurentiu


Other key lawyers:

Alexandra Cohutiu, Achim-Sorin Razoare; Alin-Mihai Laurentiu


Testimonials

‘From the LLA team, I have mainly worked with Alin-Mihai Laurentiu, Ioana-Romana Laurentiu and Achim-Sorin Razoare. If I were to describe some of their qualities, I would say that Alin is extremely insightful and innovative, a visionary, who always comes up with solutions or new approaches and manages to defeat the most fierce opponent, by often bringing him unexpectedly on his side. Ioana is intelligent, confident and very well prepared, diplomatic, but with founded arguments, a force to be reckoned with. Sorin is highly trained, specialised in tax law, with an analysis capacity connected to other legal areas, anchored in the business reality, meticulous and organised, a man you can count on.’

‘The team is highly professional, all members are very well informed about their fields of expertise. The members are capable of highly creative, adaptable, situation-specific thinking and problem resolving, due ot their devoted interest in aiding their clients and leading to a solution. Logging hours and billing is a very transparent procedure, as a client we have been very well informed about such details.’

‘The overall level of service is, based on my experience, excellent. I highly recommend the firm as a professional team of smart, intuitive, creative and reliable lawyers.’

Key clients

Soimeni Parc


Amera Tower


Arex FM


Erdelyi Hirado Editura


Federalcoop Cluj


Transilvania Wind


Daseda Investments


Steelcase


Telenav Software


Morwind Alternative Energy


CBS Design


SPV Investment


Colina Noua Development


Hill View Accommodation


Industrial Property Services


International Praxis Trader


Steelcase


Nooka Space


Amera Grup


Bizhub


Work highlights


  • Advising Soimeni Parc on a residential real estate project in Cluj County.
  • Advising Nooka Space, a Cluj-based IT and real estate start-up, on a proptech project, consisting in developing a network of smart proximity office spaces designed for people who work remotely.
  • Advising Transilvania Wind on the development of an alternative energy project involving a windmill park in Transylvania, Cluj County.

MPR Partners

MPR Partners has a particular aptitude for complex real estate investment and development projects, with clients noting that the team is ‘so thorough and detail-oriented that the fact that they are equally very prompt is majorly impressive‘. The firm has lately seen plenty of activity in the renewables sector, while also handling work in traditional asset classes, including the residential, commercial, industrial and logistics spaces. Alexandra Rîmbu co-heads the team with Dana Rădulescu, who also handles related insolvency issues. For energy-related projects, Gelu Maravela and senior associate Diana Borcean are recommended.

Practice head(s):

Dana Rădulescu; Alexandra Rîmbu


Other key lawyers:

Gelu Maravela; Diana Borcean


Testimonials

‘We highly appreciate MPR Partners’ real estate team as they handle very complex and detail-filled real estate matters for us, as part of our numerous energy development projects. The team members are so thorough and detail-oriented that the fact that they are equally very prompt is majorly impressive.’

‘The team is coordinated by Gelu Maravela and besides him, Diana Borcean is our key contact. For their expertise in energy and natural resources, they are excellent lawyers. Gelu stands out for his vast expertise and experience, together with great project management skills and Diana is a very good communicator with a keen eye for detail and very effective.’

Key clients

Alpha Parking (part of Interparking Group)


Primăria Bacău


Noerr

Noerr is ‘excellent when it comes to dealing with complex legal challenges‘ and is consequently instructed by a breadth of domestic and international clients; the firm is particularly popular with major global investors, including retailers such as Kaufland, which uses the firm on the real estate aspects of its expansion into the Romanian market. Investment funds and developers also rely on the firm for their transactional, environmental and development needs. Of counsel Serban Patriciu leads the team, having recently joined from his own real estate boutique.

Practice head(s):

Serban Patriciu


Testimonials

‘The team has offered us an integrated advisory approach for our business activities in Romania. We rely on Noerr when it comes to our ongoing expansion projects in Romania. Over the years Noerr has proven to be a reliable legal advisor. The capabilities of the team, know-how and experience are excellent when it comes to dealing with complex legal challenges we face on the market, especially regarding our ongoing expansion projects and daily business activities.’

‘Prompt reaction, feasible and reliable solutions. When it comes to cooperation or collaboration we would mention: high quality performance and well-established standards.’

‘Comprehensive experience and market knowledge are a must for us while choosing a legal advisor for our company. We have been working with Noerr for many years and their prompt reaction, feasible and reliable solutions offered us the right approach for our projects on the Romanian market. I would also mention: speed, efficiency and strategic communication.’

Key clients

Kaufland


Stada Group


Universal Alloy Corporation Europe


Weidmüller


Kathrein Romania


KS ATAG Beteiligungsgesellschaft m.b.H.


Varta Microbattery


Work highlights


  • Advising retail chain Kaufland on its expansion project in Romania, including new hypermarket openings and related acquisition, lease and development agreements.
  • Assisting Eli Development with the acquisition of land plots for the development of a logistics park in Ilfov.
  • Advising pharmaceuticals company Stada Group on its €50m investment into a new production facility in Cluj County, including related land acquisition.

Pavel, Margarit & Associates Romanian Law Firm

Pavel, Margarit & Associates Romanian Law Firm advises a mix of landowners, developers, banks and investors on their Romanian real estate interests. The firm has notable expertise across multiple asset classes, including residential, hospitality and industrial, with particularly strong niches in retail and mining, and natural resources. Managing partner Radu Pavel leads the team.

Practice head(s):

Radu Pavel


STALFORT Legal. Tax. Audit.

The ‘experienced team‘ at STALFORT Legal. Tax. Audit. assists a broad mix of investors and developers with the gamut of commercial real estate matters. The firm is very popular with German-speaking clients, and its lawyers are noted for their ‘perfect language skills in English and German‘. The team continues to see significant activity in the renewables sector, where Laura Neacsu is a standout name. Oana Somesan, who has a strong focus on real estate acquisitions in forestry and agriculture, and Andrada Harangus, who 'applies entrepreneurial thinking', jointly lead the team.

Practice head(s):

Oana Somesan; Andrada Harangus


Other key lawyers:

Laura Neacsu


Testimonials

‘An experienced team having a high level of know-how, having always a professional approach oriented to the client for offering the best solutions.’

‘Andrada Harangus thinks not only in legal terms but also has a good understanding of the client’s goals. She applies entrepreneurial thinking and drives the processes to achieve the client’s objectives.’

‘Very deeply involved in the energy market, always available and a great partner of our business.’

‘Laura Neacsu – perfect language skills in English and German, very competent and polite, great availability.’

‘Andrada Harangus is an extremely intelligent, always up-to-date lawyer who, with a great deal of understanding for the client, shows solution-oriented ways to achieve the best possible legal security for the client. Especially in real estate matters she demonstrates a sharp mind and argues laws and regulations extraordinarily precisely. She is proactive and takes care of issues even after completion of the project.’

‘We’ve been in a long-term collaboration with Stalfort.Legal.Tax.Audit and up till now we’ve been more than satisfied with their top legal services. They pay a lot of attention to details and deliver very creative solutions to help us develop our projects. With their help, even the most complex and sometimes almost impossible situations find a solution in the end. We trust Stalfort for their professional and high standard expertise and practice, for their trust and integrity. We appreciate very much their friendly manner to communicate with us and their advice is very valuable for us.’

‘We highly appreciate Andrada Harangus – she stands out from all the other lawyers we’ve collaborated with due to her interpersonal skills, ability to think critically and solve complex problems. She is very attentive, even to small details, to spot if there are any inconsistencies in our projects.’

Key clients

Continental Group


GETEC Group


KiK Group


JAF Group


Leoni Group


Verbund Group


Freudenberg Group


HARTING Group


WPD Group


Liebherr Group


TEDi Group


Schaeffler Group


Embassy of Netherlands


ZUNDEL Holding Group


Seikowsky Fritz Rothgordt


IMAM Sole e Vento


Beier-Riedelsheimer Immobilien


Dippel Trans


Work highlights


  • Assisted the Romanian subsidiary of the JAF Group with the sale of its Brasov-based veneer production facility to the Belgium-based flooring manufacturer Unilin.
  • Advised a German private investor on the acquisition of a historical property in Bucharest which is currently leased to an international high school.
  • Advised Harting RO Automotive on a general contractor agreement for extending its production, warehouse and office facilities located in Sibiu county.

VASS Lawyers

VASS Lawyers is a leading PPP and procurement boutique whose work naturally links into a wide range of related real estate and construction matters. The bulk of the work is for domestic and international companies on major infrastructure projects, including construction agreements with contractors, real estate due diligence, and consequent contentious issues. Managing partner Iulia Vass is ably supported by Bianca Bello.

Practice head(s):

Iulia Vass


Other key lawyers:

Bianca Bello


Voicu & Filipescu SCA

The offering at Voicu & Filipescu SCA is helmed by seasoned practitioner Roxana Adina Negutu, and covers the full spectrum of transactional, development, contentious and regulatory matters in the real estate space. The firm typically advises major retail and manufacturing companies on their land acquisitions and leaseholder agreements. Developers also regularly instruct the firm, which has recently helped launch several large development projects.

Practice head(s):

Roxana Adina Negutu


Key clients

AC Nielsen


Avery Dennison


Bel Rom Group


CDI Company


Proactive Development


REWE Romania


Romtal Invest


Work highlights


  • Advising the retailer Rewe on the expansion of its retail network in Romania.
  • Assisting Bel Rom Zece with its real estate acquisition and development projects in Romania, including the financing and development of several retail parks.
  • Advising Proactive Development on an investment project involving a 200,000 square metre land plot in Sibiu County.

Zamfirescu Racoti Vasile & Partners

Zamfirescu Racoti Vasile & Partners has extensive experience in non-contentious real estate law, where it advises developers, investors, banks and corporate tenants on transactional, development and property management issues. The team, which is led by corporate specialist Anca Danilescu, has recently assisted clients with several high-profile lease agreements and land acquisitions. The firm’s highly regarded litigation practice is also active in real estate and construction disputes.

Practice head(s):

Anca Danilescu


Key clients

Marsh Broker de Asigurare-Reasigurare


Reinhard Investments


Work highlights


  • Advised Marsh Broker de Asigurare-Reasigurare on the negotiation of the extension of a lease agreement for office premises and storage space.
  • Advising Reinhard Investments on its purchase of a real estate residential project.
  • Advised LMS Plastique Surgery Clinique on entering into a sublease agreement for office premises and storage space.