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PNSA and Kinstellar Advise on Sale of Office Building Portfolio in Romania

PNSA and Kinstellar Advise on Sale of Office Building Portfolio in Romania

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Popovici Nitu Stoica & Asociatii has advised Hexagon Group on its EUR 30 million sale of the Vivido Business Center, Advancity Business Center, and Cube Office buildings in Cluj to Ideal Projects SRL, a subsidiary of Vetimex Capital. Ideal Projects was advised by Kinstellar.

The PNSA team included Managing Partner Florian Nitu, Managing Associate Ela Marin, and Associate Dalida Nenu.

Kinstellar's team was led by Managing Partner Victor Constantinescu.

Editor's Note: After this article was published, CEE Legal Matters learned that Ideal Projects was also advised by Dentons. The firm's team included Managing Partner Perry Zizzi and Partner Bogdan Papandopol. Subsequently, Kinstellar announced its team also included Associates Andreea Grigorie, Bianca Marina, and Madalina Perte.

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). 

Firm's website.

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