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NNDKP and PeliPartners Advise on BCR's Sale of Bucharest Financial Plaza to Immofinanz

NNDKP and PeliPartners Advise on BCR's Sale of Bucharest Financial Plaza to Immofinanz

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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.

The building, which is located on Calea Victoriei in Bucharest, is the former headquarters of the bank. According to Michael Werner, Real Estate Management Executive Director at BCR, “the Bucharest Financial Plaza plays an important role in the latest developments in the city. It is uniquely located in the heart of Bucharest and offers access to a multitude of shops, restaurants, and recreational activities. We are very pleased to have found Immofinanz as a partner, with its many years of expertise in the Romanian market and the expertise to further develop the potential of this landmark.”

NNDKP's team was coordinated by Partner Vlad Tanase.

The PeliPartners team consisted of Managing Partner Francisc Peli and Senior Associate Alexandra Ionita.

Romanian Knowledge Partner

MPR Partners is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Asociatii as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners can be found at www.mprpartners.com.

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