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.