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Schoenherr Advises Eurobank Greece on Sale of Romanian Real Estate to Radacini Group

Schoenherr Advises Eurobank Greece on Sale of Romanian Real Estate to Radacini Group

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Schoenherr has advised Eurobank Greece on the sale of a commercial real estate asset in Iasi, Romania, to the real estate division of the Radacini Group.

The target asset, according to Schoenherr, “has a sales area of approximately 8,000 square meters and houses a Brico Depot do-it-yourself store.”

The Eurobank Group, consisting of Eurobank SA and its subsidiaries, is a financial organization that develops financial products and services, operating in Greece, Cyprus, Luxembourg, Serbia, Bulgaria, and the UK.

The Radacini Group is a car distributor in Romania. The network currently includes car dealerships and authorized service centers in Bucharest, Braila, Brasov, Constanta, Galati, and Ploiesti.

Schoenherr’s team included Partner Madalina Neagu, Managing Attorney at Law Cristina Enaga, Senior Attorney at Law Mihaela Popescu, and Attorney at Law Alexandra Smahon.

Schoenherr did not respond to our inquiry on the matter.

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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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