24
Thu, Sep
54 New Articles

PNSA Advises VGP Parks on Acquisition of Real Estate in Arad

PNSA Advises VGP Parks on Acquisition of Real Estate in Arad

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Popovici, Nitu, Stoica & Asociatii has advised Belgian developer VGP Parks on the acquisition of 40 hectares of real estate in the Western Romanian city of Arad from an unnamed seller.

According to PNSA, VGP Parks intends to develop a real estate project on the property, "with a potential of approximately 200,000 square meters of industrial/logistics leasable area."

VGP Parks is a developer of logistics spaces and industrial parks with a presence in Germany and Central and Eastern Europe and also specializes in both in the acquisition and development of industrial/logistics projects and in their lease and management. According to PNSA, “in Romania, VGP owns two operating parks: VGP Park Timisoara and VGP Park Sibiu.”

The Popovici, Nitu, Stoica & Asociatii team included Partners Bogdan Stoica, Ioana Sampek, Alexandru Ambrozie, and Irina Ivanciu, Managing Associate Ramona Pentilescu, and Associate Veronica Culcea.

Popovici, Nitu, Stoica & Asociatii was unable to provide further details.

 

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners | Maravela, Popescu & Roman can be found at www.mprpartners.com.

All News about MPR Partners | Maravela, Popescu & Roman can be found here.

 

Our Latest Issue