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Dentons, DGKV, Karanovic & Partners, and Schoenherr Advise on Optima's Acquisition of Majority Stake in Globe Trade Centre

Dentons, DGKV, Karanovic & Partners, and Schoenherr Advise on Optima's Acquisition of Majority Stake in Globe Trade Centre

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Dentons, DGKV, Karanovic & Partners, and Ilej & Partners in cooperation with Karanovic & Partners advised Hungary's Optima Befektesi Alapkezelo on its acquisition of a 61.49% share in Globe Trade Centre S.A. from Lone Star Funds. Schoenherr advised the sellers on the deal.

Globe Trade Centre is a Polish joint stock company listed on the Warsaw and Johannesburg Stock Exchanges. An affiliate of Lone Star Funds initially acquired a stake in GTC in 2013 and increased its shareholding over time. The GTC portfolio includes commercial buildings and several development projects in Poland and various capital cities in CEE, including Budapest, Bucharest, Belgrade, Zagreb, and Sofia.

Optimum Ventures Private Equity Fund is a member of the Optima Investment Ltd group -- a Hungarian long-term investor in high–quality, income-generating real estate assets in Hungary and CEE. Optima was established in 2015 with the objective to manage funds of the foundations of the National Bank of Hungary.

Dentons' team was led by Budapest-based Partners Istvan Reczicza and Rob Irving as well as Impact Advisory Head of Advisory Services Balazs Tuske. The team also included lawyers from Dentons’ offices in Amsterdam, Bucharest, and Warsaw including Partner Kuif Klein Wassink, Jakub Celinski, and Perry Zizzi, and Associates Nora Jakab, Kamran Pirani, and Brigitta Kovacs.

The Djingov, Gouginski, Kyutchukov & Velichkov team in Sofia was led by Partner Violetta Kunze and included Counsel Kaloyan Krumov, Senior Associates Maya Vladimirova Mircheva, Rusalena Angelova, and Tsvetelina Bayraktarova, and Associates Darina Kuzeva and Martin Dimitrov.

The Karanovic & Partners team in Belgrade consisted of Senior Associates Ana Lukovic, Veljko Smiljanic, and Milorad Gajic, and Associate Marija Vicic.

The Ilej & Partners in cooperation with Karanovic & Partners team in Zagreb was led by Partner Goran Ilej and included Senior Associate Franka Baica and Associate Antonija Kanjer.

Schoenherr's team was led by Partners Markus Piuk and Madalina Neagu and included Bucharest-based Senior Attorneys Alexandra Munteanu and Cristina Enaga. The firm's team included Belgrade Partner Ivan Pantovic; Budapest Partner Zita Albert and Budapest Attorney Laszlo Krupl, Chisinau Attorney at Law Tatiana Iurkovska; Warsaw Partner Agata Demuth, Attorneys at Law Konrad Bisiorek and Jan Bagatela; and Zagreb Attorney at Law Ksenija Sourek.

 

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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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