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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

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). 

Firm's website.

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