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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.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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