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BPV Grigorescu Stefanica and PeliPartners Advise on Supernova's Acquisition of Jupiter City Shopping Mall in Romania

BPV Grigorescu Stefanica and PeliPartners Advise on Supernova's Acquisition of Jupiter City Shopping Mall in Romania

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BPV Grigorescu Stefanica has advised Supernova on its acquisition of the Jupiter City Shopping Mall in Pitesti, Romania, from Mall Retail Rom. PeliPartners advised the seller on the deal.

According to BPV Grigorescu Stefanica, the acquisition was financed partially from Supernova's own funds and partially by Erste Bank, Austria. No additional financial details were disclosed.

The Jupiter City Shopping Mall offers gross leasable area of ​​approximately 45,000 square meters over an area of ​​over 17 hectares.

Supernova is an Austrian private real estate company with a buy-and-hold investment strategy focused on retail properties in Central and Eastern Europe, broadly dividing its portfolio properties into single-tenant properties (big boxes) and multi-tenant properties (shopping centers and retail parks). 

BPV Grigorescu Stefanica’s team included Partner Anca Albulescu, Managing Associate Nicolae Ursu, and Associate Diana Radu.

The PeliPartners team consisted of Managing Partner Francisc Peli, Senior Associates Alexandra Ionita and Ana Atanasiu, and Associates Antonia Nica and Kodru Mansour.

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Asociatii 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 & Asociatii 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 & Asociatii 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 & Asociatii can be found at www.mprpartners.com.

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