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DLA Piper Advises PPF on Acquisition of Development Site in Bucharest

DLA Piper Advises PPF on Acquisition of Development Site in Bucharest

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DLA Piper has advised PPF Real Estate on its acquisition of an 8,000 square-meter construction site plot in the Orhideea area of Bucharest from RC Europe. Baker McKenzie reportedly advised RC Europe.

RC Europe is a development and investment group constructing and managing business centers, residential, and commercial properties. PPF Real Estate is a real estate investment platform established by the PPF Group.

According to DLA Piper, PPF’s aim for the acquisition is “achieving their next major project, the ARC Office Building, by 2024.”

DLA Piper’s Bucharest team included Partner Alin Buftea and Counsel Florin Tineghe.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.