Real Estate

Ţuca Zbârcea & Asociaţii has one of the most proficient and experienced teams on the local market. Our lawyers handle a wide variety of real estate transactions, covering acquisition and disposal of real estate assets, project finance, leasing matters, development, construction and investment, covering all major asset classes - commercial, office, industrial and residential.

The firm represents owners and lenders in complex real estate workouts and bankruptcy matters and handles a variety of real estate related litigation. Our team has a deep understanding and extensive knowledge of urban planning regulations and is able to provide integrated services, including advice on environmental issues, as well as corporate and tax structuring. The group acts regularly for investors, developers, landowners, lenders and borrowers, landlords and tenants on a variety of real estate transactions.

Our Services

Leasing

landlord and/or tenant representation related to drafting and negotiating office, retail and industrial leases, sale & leaseback agreements, etc., as well as asset and/or property management issues.

Legal and Regulatory

advising on urban planning issues, including procedures before the relevant authorities during the permitting stage (city halls, local environmental authorities, Ministry of Environment and Water Management, etc.) in connection with the development of commercial, office or residential projects.

Real Estate Financing

advising on real estate secured lending and structured finance, both for lenders and borrowers; drafting and negotiating loan documentation and related advice on real estate issues.

Real Estate Investments

legal advice and representation in relation to acquisitions and disposals (single asset and portfolio acquisitions), including tax structuring issues.

Client Highlights

Advising a major US based investment fund in connection with the EUR 80,000,000 acquisition of a landmark office building

                                            Advising a major US based investment fund in connection with the EUR 80,000,000 acquisition of a landmark office building located in Bucharest CBD.
                                        

Advising a major French retailer in connection with a EUR 90,000,000 acquisition

                                            Advising a major French retailer in connection with the EUR 90,000,000 acquisition of a chain of supermarkets in Romania.
                                        

Advising a major Czech-based energy company in connection with the EUR 1 billion transaction

                                            Advising a major Czech-based energy company in connection with the EUR 1 billion divestment of the Romanian portfolio.
                                        

Advising a major French retailer on all real estate matters

                                            Advising a major French retailer on all real estate, construction and real estate financing matters associated with the expansion of the retail network.
                                        

Advising a major US based investment fund on all leasing related issues

                                            Advising a major US based investment fund on all leasing related issues in connection with America House office building in Bucharest.
                                        

Advising a group of Belgian investors in connection with the acquisition of two large plots of land

                                            Advising a group of Belgian investors in connection with the acquisition of two large plots of land located in the Northern part of Bucharest and the development of a mixed-use project (residential, office and retail).
                                        

Advising a logistic operator on all leasing related issues

                                            Advising a logistic operator on all leasing related issues in connection with the company’s 350,000 sqm GLA logistic portfolio.
                                        

Advising a Maltese-owned logistic developer in relation to the sale of a logistic portfolio

                                            Advising a Maltese-owned logistic developer in connection with the sale of a EUR 70,000,000 logistic portfolio.
                                        

Advising a German investment fund on acquiring a shopping mall

                                            Advising a major German investment fund in connection with EUR 150,000,000 acquisition of a shopping mall in Bucharest.
                                        

Advising a major Hungarian investment fund in connection with the acquisition of a shopping mall

                                            Advising a major Hungarian investment fund in connection with the acquisition of a shopping mall in Central Transylvania.
                                        

Assisting a major Austrian investment fund in connection with the EUR 80,000,000 sale of an office building

                                            Assisting a major Austrian investment fund in connection with the EUR 80,000,000 sale of a landmark office building located in Bucharest.
                                        

Advising a major French retailer in connection with the restructuring of its logistic operations

                                            Advising a major French retailer in connection with the restructuring of its logistic operations in Western Romania, mainly consisting in the structuring of the lease of approximately 90,000 sq. m warehouse facilities for a transaction value of approximately EUR 40,000,000.
                                        

Advising a group of Belgian investors in connection with the lease of an office building

                                            Advising a group of Belgian investors in connection with the lease of an office building located in Bucharest CBD, having approximately 17,500 sqm GLA.
                                        

Advising a major Israeli-based investment fund in connection with the development and construction of a shopping malls

                                            Advising a major Israeli-based investment fund in connection with the development and construction of one of the largest shopping malls in Bucharest.
                                        

Advising a major Hungarian investment fund in all its real estate investments in Romania

                                            Advising a major Hungarian investment fund in all its real estate investments in Romania, including the development and construction of a large-scale shopping center in Northern Romania, an investment amounting to approximately EUR 100,000,000.
                                        