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PeliFilip Alongside Skanska on Third Green Court Building Sale in Bucharest

PeliFilip Alongside Skanska on Third Green Court Building Sale in Bucharest

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PeliFilip has advised Skanska on the sale of the third building in the Green Court Bucharest project to Globalworth Real Estate Investments Ltd. The buyer relied on in-house counsel only on a deal valued at EUR 38 million.

Green Court Bucharest is a newly built class-A office park consisting of three buildings in Bucharest's new central business district — very close to Globalworth's existing Bucharest One, Nusco Tower, and Gara Herastrau investments. The final building — Green Court Building C — has a total surface of 16,300 square meters and includes 12 floors above ground and a 3-level underground parking area. 

As reported by CEE Legal Matters in November 2015, Globalworth, which was founded by Ioannis Papalekas, previously acquired the other two buildings in the project: Green Court Building A in June 2015 and Green Court Building B in December 2015

The PeliFilip team was coordinated by Partner Oana Badarau.

Image Source: skanska.ro

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). 

Firm's website.

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