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MPR Partners Advises Belgium's Interparking on Expansion of Parking Locations Portfolio in Romania

MPR Partners Advises Belgium's Interparking on Expansion of Parking Locations Portfolio in Romania

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MPR Partners has advised Interparking on its acquisition of the Bucur Obor Parking building in Bucharest from Parcaj Subteran Bucur Obor.

Financial details of the transaction were not disclosed.

According to MPR Partners, “Interparking Group is present in nine countries and over 360 cities." According to the firm, it currently owns 783 units with over 360,000 parking spots across Europe, and "in Romania, Interparking currently owns five parking locations, four of which are in Bucharest, with one in Timisoara."

This marks the second deal MPR Partners has assisted Interparking on, following the firm's 2018 acquisition of P700 Parking in Timisoara (as reported by CEE Legal Matters on February 28, 2018).

MPR Partners’ team consisted of Partner Dana Radulescu, Senior Associate Daniel Alexie, and Associate Diana Borcean.

MPR Partners at a Glance

With offices in London and Bucharest, MPR Partners is an internationally recommended and award-winning law firm with a client-friendly, business-oriented and innovative approach. The firm’s recognition comes from outstanding client feedback and reputed legal ranking and business publications at both international and local levels, as well as from its peers. With swift access to an extensive network of legal and tax professionals throughout the European Union (EU) and worldwide, an award-winning management team, competitive business terms and outstanding feedback from large corporations and international law firms, MPR Partners is a firm of choice for proficiently handled business law, tax and insolvency matters across the EU and beyond.

Find out more from our official website www.mprpartners.com