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Stratulat Albulescu and Wolf Theiss Advise on Sopsa Leasing 6,400 Square Meters in Eli Park 4 To Enter Romanian Market

Stratulat Albulescu and Wolf Theiss Advise on Sopsa Leasing 6,400 Square Meters in Eli Park 4 To Enter Romanian Market

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Stratulat Albulescu has advised Eli Parks on the lease agreement with Portuguese environmental services company Sopsa for premises covering 6,400 square meters in Eli Park 4, outside Bucharest. Wolf Theiss advised tenant Sopsa Eco Innovation.

"This logistics lease adds a significant anchor to ELI Parks’s portfolio and fits in the mix of tenants the developer has targeted since inception," the firm announced.

The Eli parks offer built-to-suit premises for production and storage facilities. The Eli Park 4 near Bucharest just delivered 21,000 square meters of space in the third quarter of 2023. Eli Parks has several projects near Bucharest, Ploiesti, and Bacau.

Founded in 1992, with production units in northern Portugal and now also in Romania, Sopsa has significant experience in waste management solutions. "The company’s portfolio includes a wide collection of containers for the storage of mixed and selective waste, marketed under the Lasso brand," Stratulat Albulescu reported.

The Stratulat Albulescu team included Senior Associate Daiana Assoum and Associate Irina Caragea.

The Wolf Theiss team included Partner Roxana Roman (Dudau) and Senior Associate Andreea Carare.

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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). 

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