Real estate is going through a transitional period, the Recovery and Resilience Plan's short deadlines are creating both pressure and legal work, while sustainability and waste management take center stage in Romania, according to Popescu & Asociatii Partner Loredana Popescu.
Popovici Nitu Stoica & Asociatii Advises Redport Capital on Land Acquisition from Havi Logistics
Popovici Nitu Stoica & Asociatii has advised Redport Capital on its EUR 3.2 million acquisition of over one hectare of land in the Petrom City area from Havi Logistics. Musat & Asociatii reportedly advised Havi.
BLS-CEE Expands Network with Addition of Iulia Berea and Chen Chen
The Bucharest-based Iulia Berea Law Office and the Budapest-based Chen Law Firm have joined the BLS-CEE network. The two firms' respective Managing Partners – Iulia Berea and Chen Chen – have also joined BLS-CEE as Collaborating Partners.
Cerha Hempel and Schoenherr Advise on ARE Austrian Real Estate Vienna Office and Hotel Acquisition
Cerha Hempel has advised ARE Austrian Real Estate on the acquisition of an office and hotel building in Vienna from Generali Real Estate. Schoenherr advised Generali.
Dentons Advises NEPI Rockcastle on EUR 60 Million Green Financing
Dentons has advised NEPI Rockcastle on a EUR 60 million green financing for Ploiesti Shopping City from a syndicate of lenders led by BRD Groupe Societe Generale.
Regulation on the Immovable Sales Agreements to Be Issued by the Notaries Was Published
With the recent amendments to the Notary Public Law No. 1512 ("Law"), the immovable property sales agreements, which could only be executed before the land registries previously, can now be executed before the Turkish notaries as of January 1, 2023. In other words, immovable property sales agreements can now be concluded both before the land registries and the notaries as of such date.
NKO Partners and CMS Advise on Emmezeta Acquisition of Real Estate from Delhaize
NKO Partners has advised Emmezeta on its acquisition of Novi Sad real estate from Delhaize. Petrikic & Partneri in cooperation with CMS advised the seller.