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Kinstellar and RTPR Allen & Overy Advise on Brasov Property Sale

Kinstellar and RTPR Allen & Overy Advise on Brasov Property Sale

Romania
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Kinstellar has advised Ballymore Group, an Ireland-based international property development company, on the sale of property to Mitiska REIM, a European privately held real estate investment and fund management firm. The buyer was represented by RTPR Allen & Overy.

The property, located in Brasov, a city in the Transylvania region of Romania, consists of a 20,774 square meter land plot, as well as the retail stores located on it.

Kinstellar team was led by Managing Partner Razvan Popa, supported by Senior Associate Stefanita Georgescu and Associate Flavia Petcu.

The RTPR Allen & Overy team was coordinated by Counsel Victor Rusu, working under the supervision of Partner Costin Taracila. Their team also included Associates Vlad Stamatescu and Petru Ursache and Junior Associate Cezara Popescu.

 

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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