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Stratulat Albulescu Advises Bog’Art Residential on Acquisition of Bucharest Land Plots

Stratulat Albulescu Advises Bog’Art Residential on Acquisition of Bucharest Land Plots

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Stratulat Albulescu has advised Bog’Art Residential on the acquisition of two land plots in Bucharest from OMV Petrom S.A.

According to Stratulat Albulescu, Bog’Art Residential plans to develop the plots, which cover a total of 6,500 square meters, into a 130-apartment residential complex. Construction is due to start in the second half of 2020, while delivery is expected in the first half of 2022.

Bog’Art Residential is the real estate investment division of the Bog’Art Group that is focused on the development of apartments in Bucharest. 

Stratulat Albulescu’s team was led by Managing Partner Silviu Stratulat and Partner Corneliu Popa.

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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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