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PNSA and PeliPartners Advise on Paval Holding's Acquisition of U Center 1

PNSA and PeliPartners Advise on Paval Holding's Acquisition of U Center 1

Romania
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Popovici, Nitu, Stoica & Asociatii has advised Paval Holding on its acquisition of U Center 1 from Forte Partners. PeliPartners advised Forte.

According to PNSA, U Center 1, the first phase of the U Center office project in Bucharest, “comprises a modern eight-floor office building with a gross leasable area of around 30,000 square meters of A-class premises.”

Paval Holding is a Romanian holding company owned by Dragos and Adrian Paval.

Earlier this year, PNSA advised Paval Holding on its acquisition of Dacia One from Atenor (as reported by CEE Legal Matters on January 17, 2022).

PNSA’s team included Partners Ioana Sampek and Raluca Rusu, Of Counsels Adrian Nica and Luana Dragomirescu, Managing Associates Camelia Constantin, Ana Maria Popa, Alexandra Niculae, and Ioana Cazacu, Senior Associates Veronica Culcea, Sebastian Botic, Ioana Avram, Roxana Chiscop, and Bianca Tarascu, and Associates Denisa Constantin, Ana Seinea, and Ioana Popovici.

PeliPartners' team included Partner Oana Badarau and Associate Denisa Frincu.

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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