29
Fri, Mar
51 New Articles

PeliPartners and Wolf Theiss Advise on Erste Group’s EUR 123 Million Loan to Mitiska REIM

PeliPartners and Wolf Theiss Advise on Erste Group’s EUR 123 Million Loan to Mitiska REIM

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

Mitiska REIM is a Belgian investor in retail parks and convenience centers. The company operates 24 retail parks in Romania with a gross leasable area of 132,000 square meters. According to it, “the proceeds of the financing will be used to fund the completion of a new retail park under construction in Baia Mare, extension of development projects for existing retail parks in Tulcea, Slatina, and Medias, and provide liquidity to the shareholders of the SPVs after having funded the growth of the portfolio.”

PeliPartners’ team consisted of Partner Carmen Peli and Associate Delia Lepadatu.

The Wolf Theiss team included Partner Claudia Chiper and Associates Iuliana Stoicescu and Catalin Sabau.

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.

Our Latest Issue