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Suciu Popa and Dentons Participate in Hili Ventures Acquisition of Bucharest Office Building

Suciu Popa and Dentons Participate in Hili Ventures Acquisition of Bucharest Office Building

Romania
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Suciu Popa has advised Hili Ventures in its acquisition of the ART Business Centre in Bucharest from FBC Exclusiv, with financing provided by Banca Comerciala Romana, advised by Dentons.

According to Suciu Popa, "located in the affluent Nordului neighborhood in northern Bucharest, the nine-story property adds 18,600 square meters of gross leasable area to the group’s international commercial real estate portfolio. The building is 100% leased, having Ponderas Academic Hospital, the largest private hospital in Romania, part of Regina Maria Private Healthcare Network, as the anchor tenant. The transaction is a significant one for the real estate market, being the first of the series Hili Properties plc is planning for Romania, a market in which the group already has an extensive presence through the 68 McDonald’s restaurants across the country."

The Suciu Popa team was coordinated by Managing Partner Miruna Suciu and included Managing Associate Crina Ciobanu, Partner Dan Ciobanu, and Senior Associate Bogdan Ghera.

The Dentons team advising Banca Comerciala Romana on financing it provided to Hili Ventures included Partners Perry Zizzi and Bogdan Papandopol and Senior Associate Doru Postelnicu.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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