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Tuca Zbarcea & Asociatii Advises on EUR 10 Million America House Renovation

Tuca Zbarcea & Asociatii Advises on EUR 10 Million America House Renovation

Romania
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Tuca Zbarcea & Asociatii has advised Morgan Stanley Real Estate Investing on the EUR 10 million technical and aesthetic refurbishment and modernization process of the America House office building in Bucharest.

Morgan Stanley Real Estate Investing is the global private real estate investment management arm of Morgan Stanley.

According to Tuca Zbarcea & Asociatii, “the refurbishment was focused on both technical and aesthetic aspects of the building. This was followed by the upgrades of the exterior ground floor area including the extension of the terrace's premises, adding green areas, dramatic lighting for the green spaces, extending the sidewalk for the benefit of the pedestrians, changing the flooring, and unifying the retail signage.”

America House spreads over three underground floors, a ground floor, and nine above-ground floors, with a total leasable surface of 28,806 square meters of Class A office space, including 3,675 square meters in commercial space.

Tuca Zbarcea & Asociatii’s team included Partners Razvan Gheorghiu-Testa and Dragos Apostol and Managing Associate Raluca Misu.

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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