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Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska

Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska

Romania
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Kinstellar has advised S Immo AG on the acquisition of Campus Buildings 6.2 & 6.3 — two class A office buildings in Bucharest — from developer Skanska. Peli Partners advised Skanska on the deal.

The total value of the transaction, which is expected to close in 2021, is EUR 97 million. 

According to Kinstellar, the eleven-story A-class Campus Buildings 6.2 & 6.3 are located in the vicinity of Bucharest’s technical university, have a total leasable area of nearly 38,000 square meters, and are fully let.

Kinstellar’s team included Managing Partner Victor Constantinescu and Senior Associate Catalin Dinu.

Peli Partners' team included Partner Oana Badarau, Senior Associate Madalina Fildan Raileanu, and Associate Antonia Nica.

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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