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BPV Grigorescu Stefanica Advises Infineon Technologies on EUR 57 Million Lease Agreement with One United Properties

BPV Grigorescu Stefanica Advises Infineon Technologies on EUR 57 Million Lease Agreement with One United Properties

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BPV Grigorescu Stefanica has advised Infineon Technologies on its EUR 57 million lease agreement with One United Properties in Romania. Filip & Company reportedly advised One United Properties.

Infineon Technologies is a German company that operates in semiconductor design and manufacturing.

According to BPV Grigorescu Stefanica, the contract is for the turn-key delivery of a sustainable 20,950 square-meter gross leaseable area office building, a "first-class real estate project to serve Infineon's needs for a period of 15 years, starting in 2026."

"The contract represents one of the largest office leases ever recorded in the local market," the firm reported. "In the current context, the lease agreement between Infineon Technologies and One United Properties represents a unique opportunity in the Romanian office market. Our client’s decision shows the company’s continued trust in the potential of Romania to further grow high-tech semiconductor chip R&D activities," BPV Partner Anca Albulescu commented.

The BPV Grigorescu Stefanica team included Albulescu, Managing Associate Alina Tyelu, and Associate Angelina Danaila.

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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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