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.