PeliPartners has advised the Mitiska REIM Group on its receipt of a EUR 123 million senior debt facility from the Erste Group. The Bucharest office of Wolf Theiss advised the Erste Group.
NNDKP and PeliPartners Advise on BCR's Sale of Bucharest Financial Plaza to Immofinanz
Nestor Nestor Diculescu Kingston Petersen has advised Banca Comerciala Romana on its EUR 36 million sale of the Bucharest Financial Plaza building to Immofinanz. PeliPartners advised Immofinanz on the deal.
PeliPartners and Biris Goran Advise on Alpha Real Estate Services’ Sale of Bucharest Hotels to Zeus International
PeliPartners has advised Alpha Real Estate Services, a member of the Alpha Bank Group, on the sale of three major hotels in downtown Bucharest — Hotel Venetia, Hotel Central, and Hotel Opera — to Zeus International Group. Biris Goran advised Zeus International Group on the deal.
Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska
Kinstellar has advised S Immo AG on the acquisition of Campus Buildings 6.2 & 6.3 — two class A office buildings in Bucharest — from developer Skanska. Peli Partners advised Skanska on the deal.
RTPR and PeliPartners Advise on OLX Group's Acquisition of Kiwi Finance in Romania
RTPR has advised the OLX Group on its acquisition of Kiwi Finance from Oresa Ventures. PeliPartners advised the seller on the deal.
New Regulations on Remote Working and Personnel Scheduling
On 6 November 2020, two new regulations impacting employment relationships in the context of the state of alert were published in the Official Gazette:
BPV Grigorescu Stefanica and PeliPartners Advise on Supernova's Acquisition of Jupiter City Shopping Mall in Romania
BPV Grigorescu Stefanica has advised Supernova on its acquisition of the Jupiter City Shopping Mall in Pitesti, Romania, from Mall Retail Rom. PeliPartners advised the seller on the deal.
Kinstellar Advises on Acquisition of Floreasca Park Office Complex in Bucharest
Kinstellar has advised a joint venture of Resolution Property and Zeus Capital Management on its acquisition of the Floreasca Park office complex in Bucharest from GLL Real Estate Partners.
No Dull Year in Banking
The decade that just ended brought significant changes to the banking landscape in Romania. The banks were pushed to restructure their loan portfolios, consumer litigations increased exponentially, the cost of business increased, and Fintech companies started (although timidly) to take a slice of the pie. Populist legislation was enacted to protect consumers years after banking services were contracted. And a wave of acquisitions forced by the increased costs led to changing rankings at the top of the banking sector.
Romania’s Real Estate – Old and New Challenges in Transactions
A popular meme these days is “<<2020 is the year I am going to…>> 2020: <<Hahaha. No.>>”.
Guest Editorial: 2020 – The Beginning of a New Cycle
The Romanian legal market got overheated in the past couple of years. The numbers went up and competition increased. The industry got more sophisticated and a variety of success stories unfolded.
New Rules for Online Intermediation Services
On 12 July 2020 Regulation (EU) 2019/1150 on promoting fairness and transparency for business users of online intermediation services (Regulation 2019/1150) became applicable. The aim of the Regulation is to ensure the fair and transparent treatment of business users by online platforms.
2019 CEE Deals Of The Year
It is with great pleasure that we announce the 2019 CEE Deal of the Year Award winners – the most important, complicated, significant, and valuable deals across Central and Eastern Europe.
Stratulat Albulescu Advises World Class on New Fitness Club in Bucharest's Expo Business Park
Stratulat Albulescu has advised Romanian health & fitness chain World Class Romania on its lease of a 1500 square meter space in Bucharest's Expo Business Park for a new fitness club. The lessor was reportedly advised by Peli Partners.
PNSA Advises Certinvest on Sale of Certinvest Pensii to Banca Transilvania
Popovici Nitu Stoica & Associates has advised Certinvest on the sale of Certinvest Pensii, which manages over RON 75 million in an optional pension fund that has over 9,500 participants, to Banca Transilvania subsidiaries BT Asset Management SAI and BT Investments. Peli Partners reportedly advised Banca Transilvania on the deal.
Full Speed Ahead: PeliPartners Hits the Ground Running
On April 1, 2019, a team led by Francisc and Carmen Peli left Romania’s highly-ranked and widely-respected PeliFilip, which the Pelis had co-founded in 2008, to start PeliPartners. We reached out to Francisc Peli to learn more about the reasons for the big change and his plans for the new firm.
PeliPartners and Firon Bar-Nir Advise on AFI Europe Acquisition of Majority Stake in Casa Radio
PeliPartners has advised AFI Europe on its agreement to acquire 75% in the development of the old Casa Radio building in downtown Bucharest from a company controlled by Plaza Centers NV. Firon Bar-Nir advised Plaza Centers on the deal.
PeliFilip Splits Into PELI and Filip and Company
Partners Francisc and Carmen Peli and several colleagues have split from Romania's PeliFilip law firm to create the Peli firm, with their former colleagues rebranding and operating as Filip and Company going forward.