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Tuca Zbarcea & Asociatii and Reff & Asociatii In EUR 50 Million Real Estate Financing

Tuca Zbarcea & Asociatii and Reff & Asociatii In EUR 50 Million Real Estate Financing

Romania
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Tuca Zbarcea & Asociatii has advised Unicredit Bank on a EUR 50 million financing provided to Forte Partners. The borrower was assisted by Reff & Asociatii on the deal.

According to Tuca Zbarcea, the deal is reportedly the largest financing in the Romanian real estate market this year. The goal of the financing granted to the Romanian developer is the first phase of The Bridge, an office project in Bucharest. The scheme is going up in two phases on the site of a former bread factory. Bog'Art is the general contractor and completion is set for September 2017.

Antonela Marchievici, CFO Forte Partners, commented: "We would like to thank the banking and securities team from Reff & Associates who has supported us with professionalism and dedication along this large and complex financing project which was performed in record-time."

The Tuca Zbarcea team advising the lender was led by Partner Mihai Dudoiu, Head of the firm's Banking & Finance practice group.

The Reff & Asociatii team was led by Partner Andrei Burz-Pinzaru and included Associates Lorena Butusina, Andreea Stoica, and Geanina Moraru.

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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