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PeliPartners and NNDKP Advise on Skanska's Sale of Equilibrium 1 Office Building to Granit Asset Management

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PeliPartners has advised the Swedish Skanska Group on the EUR 52 million sale of the Equilibrium 1 office building in Bucharest. Nestor Nestor Diculescu Kingston Petersen advised Granit Asset Management-managed investment fund Grodiusz Private Equity Fund on the buy-side.

Skanska is a real estate developer and builder.

Granit Asset Management is a Hungarian institutional investor managing 24 investment funds with assets under management exceeding EUR 2.7 billion.

According to NNDKP, Equilibrium 1, completed in 2019, features approximately 21,000 square meters of leasable space across 11 floors and 240 parking spaces.

The PeliPartners team included Partners Oana Badarau and Madalina Fildan Raileanu.

The NNDKP team included Partners Lavinia Ionita-Rasmussen, Vlad Tanase, Iurie Cojocaru, Senior Associates Flavia Petcu and Alexandru Ciambur, and Associates Bianca Isache and Iulian Ursache.

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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