Dragne & Asociatii has successfully represented the Jewish Community of Galati in a 55-year dispute that involving property that was taken over by the Communist regime, and which necessitated overturning a decision that had been rendered in 1964.
Clifford Chance Badea has advised NE Property B.V. on the implementation of a EUR 1.5 billion Medium Term Program guaranteed by NEPI Rockcastle plc, as well on the launch of a 2.625% EUR 500 million bonds issue due 2023 under the program. Appleby reportedly assisted Clifford Chance in advising NEPI Rockcastle.
Popovici Nitu Stoica & Asociatii has advised Dedeman on its EUR 120 million acquisition of "The Office" — an office complex in Cluj-Napoca, Romania — from NEPI Rockcastle and Mulberry Development. Reff & Associates advised the two sellers. Additionally, PeliFilip/Peli Partners acted as strategic adviser to one of the sellers, Mulberry, on the SPA.
Clifford Chance Badea has advised Alpha Bank Romania in relation to the first covered bond program established in Romania, for the amount of EUR 1 billion. RTPR Allen & Overy advised Barclays Bank PLC as arranger on the program, which comes three years after the Romanian covered bond law entered into force.