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Kinstellar Advises on Acquisition of Floreasca Park Office Complex in Bucharest

Kinstellar Advises on Acquisition of Floreasca Park Office Complex in Bucharest

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Kinstellar has advised a joint venture of Resolution Property and Zeus Capital Management on its acquisition of the Floreasca Park office complex in Bucharest from GLL Real Estate Partners.

Financial details were not disclosed.

Resolution Property is a UK-based member of the Fosun Group, a Chinese conglomerate and investment company. Zeus Capital Management is a privately held international real estate investment and asset management firm that is headquartered in New York. 

Kinstellar’s Bucharest team was led by Victor Constantinescu and included Managing Associate Alexandru Mocanescu and Senior Associates Smaranda Vacaru and Oana Grigore.

Editor's note: After this article was published, PeliPartners informed CEE Legal Matters that it had advised GLL Real Estate Partners on the deal. The firm's team included Managing Partner Francisc Peli and Senior Associate Mirabela Maria.


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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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