Popovici, Nitu, Stoica & Asociatii has advised AFI Europe on the acquisition of the Bucharest Financial Plaza office building from Immofinanz. PeliPartners advised Immofinanz.
AFI Europe is a real estate development, management, and investment company operating in Central and Eastern Europe.
As reported by CEE Real Estate Matters, Bucharest Financial Plaza is located on Calea Victoriei no. 15 in Bucharest, near the CEC Palace, and has a total area of 38,703 square meters. The building — which AFI Europe reports was “the first modern office development in the Romanian capital after 1990, swiftly becoming a symbol of a new business era” — is being renovated.
In 2021, PeliPartners and NNDKP advised on BCR's sale of the Bucharest Financial Plaza to Immofinanz (as reported by CEE Legal Matters on March 31, 2021).
The PNSA team included Managing Partner Florian Nitu, Partners Ioana Sampek and Mihaela Ion, Counsel Adrian Nica, Managing Associates Ela Marin and Ana Maria Popa, Senior Associates Veronica Culcea and Diana Dobra, and Associates Bogdan Pirvu and Ruxandra Pasarica.
The PeliPartners team included Managing Partner Francisc Peli and Managing Associate Alexandra Ionita.
