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Tuca Zbarcea & Asociatii and PNSA Advise on Land Sale Transaction between Speedwell and Immofinanz

Tuca Zbarcea & Asociatii and PNSA Advise on Land Sale Transaction between Speedwell and Immofinanz

Romania
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Tuca Zbarcea & Asociatii has advised Speedwell Real Estate Development on its acquisition of two plots of land from Austrian real estate investor Immofinanz, which was represented by Popovici Nitu Stoica & Asociatii.

According to Tuca Zbarcea & Asociatii, "the two land plots of more than 50,000 square meters are located in Northern Bucharest and will help Speedwell complete its residential portfolio on the premium market segment.”

Didier Balcaen, General Manager of Speedwell, said: “The land plots themselves will be served by facilities such as retail, relaxation, and office areas in the direct vicinity."

Tuca Zbarcea & Asociatii’s team was led by Partner Razvan Gheorghiu-Testa. 

The PNSA team included Partner Valentin Creata, Managin Associate Codrin Luta, and Associate Geanina Popescu.

 

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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