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Filip & Company Advises One United Properties Shareholders on Sale of 234 Million Shares

Filip & Company Advises One United Properties Shareholders on Sale of 234 Million Shares

Romania
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Filip & Company has advised the significant shareholders of One United Properties on their sale of 234.2 million company shares to local and international institutional investors.

The One United Properties shareholders involved in the sale included Co-Founders Andrei Diaconescu (through OA Liviu Holding Invest) and Victor Capitanu (through Vinci VER Holding), Board of Directors Chairman Claudio Cisullo (through CC Trust Group), and Board of Directors Member Marius Diaconu (through Altius).

One United Properties, listed on the Bucharest Stock Exchange, is an investor and developer of residential, mixed-use, and office real estate in Romania. The transaction was intended to generate liquidity and strengthen the shareholder base, allowing new institutional investors to acquire shares in the company, Filip & Company reported. Co-Founders Capitanu and Diaconescu reportedly hold 50.03% of One United Properties' share capital, post transaction.

"This transaction is yet another testimony to the courage and innovation of One United shareholders and puts them in an unrivaled position to continue to be a highly active player in the real estate market," Filip & Company Partner Alexandru Birsan commented. "The strong interest from institutional investors reflects the credibility One United enjoys and is a natural continuation of an exceptional growth story."

The Filip & Company team was led by Birsan and included Partner Olga Nita and Associate Anca Badescu.

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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