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Reff & Associates Advises on Acquisition of the City Park Constanta Shopping Center

Romania
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The Reff & Associates law firm, a member of Deloitte Legal in Romania, has assisted New Europe Property Investments in the acquisition of City Park Constanta, a shopping center developed by Neocity and financed by Eurobank and the National Bank of Greece.

Reff & Associates claims that the transaction is “the most important 2013 real estate transaction in Romania.” The team led by Partner Alexandru Reff and Managing Associate Ruxandra Macelaru worked in close connection with the Deloitte Tax team, which provided tax services for the buyer.

Partner Alexandru Reff was enthusiastic about the project. “We are thankful to NEPI for continuing to entrust us with their legal affairs. Given how thorough and demanding NEPI’s approach to every project is,  their continued trust is a worthy validation of our performance. I am proud of our team, which reconfirms our ability to manage, particularly in this practice area, any project, irrespective of how complex and demanding both in terms of know-how and volume of work.”  

Managing Associate Macelaru noted that she was “extremely honored that I could take part in what stands out as the most important real estate transaction of 2013 in Romania.”

The Romanian Firon Bar-Nir law firm assisted Neocity group on the sell-side of the transaction.

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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