E+H has announced that Christoph Lejsek and Florian Sagmeister have been promoted to Partner on July 1, 2022.

Havel & Partners has advised ZFP Investments on its acquisition of the Blumental Offices project from Corwin. Dentons advised the seller.

Clifford Chance has advised Hillwood Polska on the EUR 26.3 million financing for the construction of a logistics park in Zgierz provided by Bank Millennium. CMS advised the bank.

Deloitte Legal affiliated firm Reff & Associates has advised Bank of Cyprus on the sale of a portfolio of non-performing loans and repossessed properties in Romania with a face value of EUR 147 million to an entity part of the APS group. Tuca Zbarcea & Asociatii advised the buyer.

Ellex has advised Forum Invest and Forum Valduse on the sale of Foorum Centre to US Real Estate.

While notoriously intimidating to navigate, even for locals, real estate usage and ownership is essential for the two most common basic needs and concerns of every person, housing and work. The Romanian real estate system is largely aligned and similar with that existing in most European countries, nonetheless there are certain regulatory or market driven particulars which are of interest when looking for housing, accommodation, as well as for a place of setting up business. The below aims to break down the basics and provide tips & tricks for newcomers so that their experience is as streamlined and positive as possible.