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Stratulat Albulescu Advises Element Industrial on Eli Park 3 Lease to Ferro Romania

Stratulat Albulescu Advises Element Industrial on Eli Park 3 Lease to Ferro Romania

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Stratulat Albulescu has advised Element Industrial on the lease of 16,000 square meters of warehouse space in Eli Park 3 to Ferro Romania.

Element Group company Element Industrial specializes in the logistics market. Element Group is a Romanian real estate investment and development company focused on commercial & residential real estate in Romania.

Ferro Romania is the local division of the Polish Ferro group. The group manufactures sanitary and installation fittings in Central and Eastern Europe.

"The lease adds a significant anchor to Element Industrial’s portfolio and fits in the mix of tenants that the developer has targeted since its inception," Stratulat Albulescu informed.

The Stratulat Albulescu team was led by Managing Partner Silviu Stratulat and included Senior Associate Daiana Assoum and Associate Irina Caragea.

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). 

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