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Schoenherr and The Law Chamber Advise on Eurobank Sale of Eliade Tower to One United Properties

Schoenherr and The Law Chamber Advise on Eurobank Sale of Eliade Tower to One United Properties

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Schoenherr has advised Eurobank Greece on the sale of the Eliade Tower office building in Bucharest to One United Properties in a share deal. The Law Chamber advised One United Properties on the acquisition.

Eurobank operates in six countries, with a presence in Greece, Cyprus, Luxembourg, Serbia, Bulgaria, and the UK.

One United Properties, listed on the Bucharest Stock Exchange, is an investor and developer of residential, mixed-use, and office real estate in Romania.

According to Schoenherr, "the ten-floor Eliade Tower office building, located in the city's booming business area Floreasca, has an area of approximately 10,000 square meters and is currently 50% leased."

Schoenherr’s team included Partner Madalina Neagu, Managing Attorneys at Law Cristina Enaga and Adriana Stanculescu, Senior Attorney at Law Mihaela Popescu, and Attorneys at Law Alexandra Smahon and Laura Buzatu-Teodorescu.

The Law Chamber's team included Partner Theodor McCann and Associates Adriana Zamfirescu and Nicolae Gheorghita.

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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