Thu, Aug
52 New Articles

Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska

Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

The total value of the transaction, which is expected to close in 2021, is EUR 97 million. 

According to Kinstellar, the eleven-story A-class Campus Buildings 6.2 & 6.3 are located in the vicinity of Bucharest’s technical university, have a total leasable area of nearly 38,000 square meters, and are fully let.

Kinstellar’s team included Managing Partner Victor Constantinescu and Senior Associate Catalin Dinu.

Peli Partners' team included Partner Oana Badarau, Senior Associate Madalina Fildan Raileanu, and Associate Antonia Nica.

Peli Partners at a Glance

PeliPartners is a full service business law firm based in Romania.

A team specialising in complex projects that require innovative approaches, the PeliPartners lawyers have a wealth of experience in a variety of fields, including corporate, mergers and acquisitions, financing, competition, infrastructure & concessions, energy, real estate and corporate law – being involved in some of the most important transactions on the Romanian market for the past 20 years.

Areas of practice

Corporate M&A: With a reputation gained in complex transactions across many sectors (such as financial services, healthcare, energy, IT&C and others), the PeliPartners lawyers are regularly called to assist strategic clients, as well as investment funds or entrepreneurs in relation to various corporate projects, including M&A, structuring or restructuring of groups of companies or corporate governance matters. The firm regularly works in cross-border projects and in collaboration with international law firms.

Finance & banking is a strong practice at PeliPartners, whose lawyers advise across various matters, including financing / refinancing, restructuring, performing and non-performing portfolio acquisitions, regulatory. PeliPartners has a well established reputation with banks and debtors alike. The firm is included in the panel of some of the largest banks present in Romania. PeliPartners advises as well on cross-border financing and restructuring transactions.

Competition & Commercial: PeliPartners’ antitrust practice enjoys a fantastic reputation among international and local clients. The firm’s lawyers are thought leaders and have advised in some of the most complex transactions and projects related to this jurisdiction. They advise on investigations, merger clearance procedures, as well as on various compliance matters, helping clients design and implement distribution, franchise and pricing systems and policies. The firm currently assists clients in sectors such as financial services, IT, telecom, retail, healthcare & pharma.

Real Estate & PPP: With a stellar reputation among local and institutional developers and investors, PeliPartners is called to assist in some of the largest transactions or projects on the Romanian market.

Dispute Resolution: This firm’s clients want to be assisted and represented by PeliPartners when disputes arise in relation to their activity. PeliPartners will put together mixed teams of practice experts and litigation lawyers, that can bring an innovative but thorough approach of each matter.

Firm's website: https://pelipartners.com/