Popovici Nitu Stoica & Asociatii has advised WDP, a Belgian developer and owner of logistics and warehousing, on the acquisition of two logistics parks in Romania: Dunca Logistics Centre from Dunca Imobiliare and CTPark Cluj I from CTP Group. Dunca Imobiliare was represented by Moroianu & Associates, while the CTP Group was advised by Romania's The Law Chamber.
The Dunca Logistics Centre has approximately 37,000 square meters of Class A warehouse space and is located in Timișoara, while CTPark Cluj I, with approximately 33,000 square meters of Class A logistics spaces, is located in Cluj.
The PNSA team was led by Partners Valentin Creata and Ioana Sampek, along with Managing Associates Ana-Maria Vlad and Codrin Luta, Senior Associate Lavinia Dinoci, and Associates Cristiana Blei, Geanina Popescu, and Veronica Culcea. Tax assistance was provided by Partner Mihaela Pohaci and Senior Manager Raluca Rusu.
The Law Chamber team consisted of Partner Theodor McCann and Associate Nicoleta Gheorghita.