Popovici Nitu Stoica si Asociatii has advised Hexagon Retail Properties on the acquisition of the Ferrosan plant from GSK. Bancila, Diaconu si Asociatii advised the seller.
The Ferrosan plant has a total area of 12,800 square meters, which consists of an office building of 2,000 square meters and warehouses with a total area of approximately 3,800 square meters.
GSK is a healthcare company, operating on the Romanian market for over 30 years.
Hexagon Retail Properties is a privately managed industrial group engaged in real estate and retail. The company has projects in Cluj Napoca and Bucharest.
The Bancila, Diaconu si Asociatii team included Partner Roxana Dudau and Managing Associate Alexandra Siminiceanu.
The PNSA team consisted of Partner Florian Nitu and Managing Associates Ela Marin, Camelia Patrascu, and Ana Maria Popa.