Significant Amendments to the Organised Industrial Zones Regulation
September 2024
Our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a client alert titled "Significant Amendments to the Organised Industrial Zones Regulation".
To access the document, please use the following link.
NNDKP Assisted CTP in Acquiring Globalworth’s Fully Owned Logistics Portfolio
May 2024
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), in acquiring the logistics portfolio fully owned by Globalworth, the largest office investor in CEE, with leading positions in Romania and Poland.
The portfolio, comprised of 270,000 sqm GLA and 30ha landbank, includes six industrial parks and other complementary facilities in six key locations in Romania, including Bucharest, Arad, Pitesti, Oradea and Timisoara.
Following this acquisition CTP…
KG Advised CBE Capital on EUR 95 Million Financing for Six Senses Hotel in Porto Heli
April 2024
KG Law Firm’s Project Finance and Banking & Finance teams acted as Greek legal advisor to CBE Capital and the consortium of sponsors in securing a EUR 95 million senior bond loan facility from Piraeus Bank for the development of the Six Senses Hotel and branded residences in Porto Heli, Greece. The team at KG Law Firm facilitated the structuring, drafting and negotiation of transactional documents, as well as coordinated with lenders and provided comprehensive support throughout the implementation of the transaction. The EUR 150 million development, which is already being enlarged…
DTB Assisted with Sale of Hotel Bonavia
January 2024
Our member firm Divjak Topic Bahtijarevic & Krka acted as legal counsel for the seller, Plava laguna d.d., in relation to the sale of the stunning four-star Hotel Bonavia, located in the heart of Rijeka, to Bonavia Rijeka d.o.o. Plava laguna d.d. manages an extensive portfolio of tourist facilities in Croatia, including hotels, resorts and camps.
DTB’s team, led by the Managing Partner Emir Bahtijarevic, was comprised of attorneys Sanja Novoselic and Barbara Simic. The team provided legal advice and support to the client in due diligence, negotiations, structuring of the…
BOYANOV & Co. Аdvised Rezolv Energy on the Acquisition of the Rights to Build and Operate a 229 MW Solar Plant
August 2023
BOYANOV & Co. advised Rezolv Energy on the acquisition of the rights to build and operate a 229 MW solar plant in Silistra Municipality, northeastern Bulgaria. Rezolv Energy is an independent renewable energy producer focused on Central and Southeastern Europe which was launched last year by Actis, a leading global investor in sustainable infrastructure.
Named ‘St. George,’ the project is set to become the largest solar plant in Bulgaria, with construction beginning later this year and completion expected in early 2025. The St. George plant will be constructed on the site…
BDK Advokati Advised Abu Dhabi Capital Group on the Sale of The Capital Plaza
April 2023
BDK Advokati’s team in Montenegro successfully advised Abu Dhabi Capital Group on the sale of the group of companies that own and operate The Capital Plaza, a premium business and residential complex in Podgorica, Montenegro. The companies were acquired by Big Group. The deal is the second-largest M&A deal in Montenegro in the past twelve months.
BDK’s core team that worked on this transaction included Senior Partner Luka Popovic, Senior Associate Jelena Brajkovic, and Junior Associate Marija Ksenija Popovic.
Picture-Copyright: Pixabay.com
NNDKP Successfully Assisted Grupo Bimbo with the Acquisition of Vel Pitar
March 2023
NNDKP confirms that Grupo Bimbo has included Romania in its global growth strategy and has completed the acquisition of Vel Pitar as a nation-wide development platform.
NNDKP acted as local legal counsel for Grupo Bimbo, advising on all aspects of the acquisition of Vel Pitar, from transaction structuring to negotiation and completion. NNDKP assigned a multidisciplinary team specializing in agribusiness and food M&A (as well as day-to-day) assistance to advise on the transaction. The team was coordinated by Adriana I. Gaspar (Senior Partner), and included Corina Dumitru (Partner), George…
KG Law Firm Advised CC Beverages Holdings II B.V.
September 2022
KYRIAKIDES GEORGOPOULOS Law Firm advised CC Beverages Holdings II B.V., a wholly-owned subsidiary of Coca-Cola HBC, in the acquisition of Three Cents from S.I.C.C Holding Limited, a wholly-owned subsidiary of IDEAL Holdings SA, a publicly-listed company in Greece, in a transaction involving, among other things, two entities domiciled in Cyprus and Greece of approximately Euro 45 million value (subject to certain closing adjustments).
The Company acquired is the owner of the famous super-premium mixer product line under the Three Cents brand, offering artisanal beverages crafted…
CA Immo Plans to Sell Its Portfolio in Romania
August 2022
CA Immo, an Austrian real estate company, plans to sell its portfolio of buildings in Romania, comprised of 7 office projects in Bucharest The total value of the portfolio is EUR 394 million, with a leasable area of 165,000 sqm. An Erste investment fund that also owns BCR bank is allegedly analyzing the acquisition of CA Immo offices in Romania.
One United Properties Plans EUR 234 Million Investment in 2022
May 2022
One United Properties, a major Romanian real estate company, plans to invest EUR 234 million for the expansion on the local market. The company has 4 residential and 2 retail projects under development, with new projects being planned.
In August 2022, the company raised EUR 51.5 million for development in the largest share capital increase of a listed company. The capital raised will fuel the growth strategy of One United Properties, allowing the company to seize additional opportunities in the market. The new equity will be invested with priority in new residential developments located…
Regional Food Centre, Sarajevo
April 2022
The construction of a regional food center is a project whose idea is to elevate agriculture as a sector of the economy to a much higher and more organised level, with modernization and all the necessary content in one place. It is located in the city of Sarajevo, and the realization is already underway with the designated land for facilities and all necessary documentation.
The project is being implemented by “KGI Konstrukt” d.o.o. Sarajevo, is one of the leading financial engineering and construction companies in Bosnia and Herzegovina. The company was founded in 2003 and continues…
Buroj Ozone - Tourist City Trnovo (Trnovo Municipality)
April 2022
Buroj Ozone – Tourist City Trnovo is one of the largest real estate investment projects currently active in Europe. Located on the Bjesasnica Olympics Mountain, in the village of Dejcici, Trnovo Municipality, and only 20 minutes away from the International Airport in Sarajevo. The City covers an area of one million square meters. Along the skyline of heavenly surroundings with fresh-water rivers and magnificent mountain ranges, it is the perfect place filled with greenery. The project is being implemented by Buroj International Group, one of the leading international property development…
