Kinstellar has advised S Immo AG on the acquisition of the EXPO Business Park from Portland Trust. Peli Partners reportedly advised Portland Trust on the deal.
Relocation of Activity – the Path from Fleeing the War to Saving Your Business
As war days go by, military conflict in Ukraine seems to escalade, jeopardizing the upcoming fate of the country on so many levels. Under such circumstances, it is impossible to envisage when the (post-war) normality will be reinstated, and when economics will follow their course once again. As a consequence, multiple companies have already announced their intention to cease activity not only from Russia, but also from Ukraine.
Crowdfunding in Romania Needs Domestic Legislation to Be Widely Accessed by Investors
Crowdfunding is a fast-growing financing alternative, but in order to develop, it needs specific legislation to clarify how investors and interested companies can access this mechanism.
PeliPartners Advises Anchor Grup on Receiving EUR 80 Million Loan from Banca Transilvania
PeliPartners has advised Anchor Grup on receiving an EUR 80 million loan from Banca Transilvania.
PeliPartners Advises Mega Company on EUR 20.6 Million Loan from Alpha Bank
PeliPartners has advised the Mega Company on a EUR 20.6 million loan from Alpha Bank for the financing of the Mega Distribution Center logistics park in Romania.
PeliPartners and PNSA Advise on Saint-Gobain's Acquisition of Duraziv
PeliPartners has advised Saint-Gobain in acquiring the Romanian Duraziv Group. Popovici Nitu Stoica & Asociatii advised the seller.
PeliPartners and Schoenherr Advise on Portland Trust’s Sale of Romanian PV Project
PeliPartners has advised Portland Trust on its sale of the Ratesti 153-megawatt photovoltaic development project to Econergy and Nofar Energy. Schoenherr advised Nofar Energy on the deal.
PeliPartners Advises Scallier on Acquisition of Retail Park in Timisoara
PeliPartners has advised Polish developer Scallier on the acquisition of a retail project in Timisoara from the Oasis group.
Albota Law Firm Assists Atenor with Sale of Hermes Business Campus to Adventum International
The Albota law firm has assisted Belgium-based real estate developer Atenor on its sale of the Hermes Business Campus to Adventum International. Peli Partners reportedly advised the buyer on the deal.
PeliPartners and Wolf Theiss Advise on Erste Group’s EUR 123 Million Loan to Mitiska REIM
PeliPartners has advised the Mitiska REIM Group on its receipt of a EUR 123 million senior debt facility from the Erste Group. The Bucharest office of Wolf Theiss advised the Erste Group.
NNDKP and PeliPartners Advise on BCR's Sale of Bucharest Financial Plaza to Immofinanz
Nestor Nestor Diculescu Kingston Petersen has advised Banca Comerciala Romana on its EUR 36 million sale of the Bucharest Financial Plaza building to Immofinanz. PeliPartners advised Immofinanz on the deal.
PeliPartners and Biris Goran Advise on Alpha Real Estate Services’ Sale of Bucharest Hotels to Zeus International
PeliPartners has advised Alpha Real Estate Services, a member of the Alpha Bank Group, on the sale of three major hotels in downtown Bucharest — Hotel Venetia, Hotel Central, and Hotel Opera — to Zeus International Group. Biris Goran advised Zeus International Group on the deal.
Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska
Kinstellar has advised S Immo AG on the acquisition of Campus Buildings 6.2 & 6.3 — two class A office buildings in Bucharest — from developer Skanska. Peli Partners advised Skanska on the deal.
RTPR and PeliPartners Advise on OLX Group's Acquisition of Kiwi Finance in Romania
RTPR has advised the OLX Group on its acquisition of Kiwi Finance from Oresa Ventures. PeliPartners advised the seller on the deal.
New Regulations on Remote Working and Personnel Scheduling
On 6 November 2020, two new regulations impacting employment relationships in the context of the state of alert were published in the Official Gazette:
BPV Grigorescu Stefanica and PeliPartners Advise on Supernova's Acquisition of Jupiter City Shopping Mall in Romania
BPV Grigorescu Stefanica has advised Supernova on its acquisition of the Jupiter City Shopping Mall in Pitesti, Romania, from Mall Retail Rom. PeliPartners advised the seller on the deal.
Kinstellar Advises on Acquisition of Floreasca Park Office Complex in Bucharest
Kinstellar has advised a joint venture of Resolution Property and Zeus Capital Management on its acquisition of the Floreasca Park office complex in Bucharest from GLL Real Estate Partners.
No Dull Year in Banking
The decade that just ended brought significant changes to the banking landscape in Romania. The banks were pushed to restructure their loan portfolios, consumer litigations increased exponentially, the cost of business increased, and Fintech companies started (although timidly) to take a slice of the pie. Populist legislation was enacted to protect consumers years after banking services were contracted. And a wave of acquisitions forced by the increased costs led to changing rankings at the top of the banking sector.