Meet the team

Real Estate

Popovici Nitu Stoica & Asociatii

Bucharest, Romania
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Deals

  • PAVAL HOLDING on the acquisition of U Center 1 from Forte Partners.
  • ERES & Mercury Development on the acquisition of Astra Romana Refinery from New Century Holding.
  • Oresa on the acquisition of the former Armonia Arad shopping centre from Immofinanz.
  • Redport Capital and Mobexpert on the acquisition of a 44,000 sqm land plot located opposite Petrom City.
  • VGP Group in connection with the development of certain VGP Parks projects in Romania, consisting in a chain of logistics and warehouses.
  • Hexagon Group in connection with (i) the acquisition of the Ferrosan plant from GSK, and (ii) the development and forward sale of a large mixed-use office, retail and residential project known as Hexagon District Project.

Team Services

Our practice has always stood at the forefront of real estate development, construction and operation in Romania.

We act for developers, investment funds, banks and institutional financiers and various contractors in office and logistics, retail and residential projects. Our attorneys in this practice also handle legal aspects pertaining to real estate construction and operation projects, especially designing contractual instruments and monitoring their implementation. We also advise on a broad range of construction works, including industrial, residential, commercial and public.

Our professional and innovative real estate capabilities, widely praised as best in the market, cover the entire array of legal services, among which:

  • acquisition and financing of real estate structures
  • the entire construction, operation and maintenance process
  • finding appropriate legal and contractual structures and preparing required documentation
  • obtaining the necessary permits and approvals and representation in front of the relevant Romanian authorities

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.’

‘The firm excels through professionalism, seriousness, effort and involvement.”

”The team has strong legal training and is available to solve legal problems as accurately as possible for the benefit of the client.”

”They are highly recognised professionals in the market, with a large portfolio of expertise and the ability to cooperate in complex matters.”

”The level of their service is outstanding. Their reaction is always prompt and pragmatic. Their approach is proactive and business-oriented.”

Awards and Recognition

Winner of the Real Estate Law Expert of the Year in Romania – 2022

Winner of the Best Real Estate Law Firm of the Year at the 2022 CIJ Awards Gala

Winner of the Best of the Best Property Law Firm at the 2023 HOF Awards in Prague