News

Popovici Nitu & Asociatii advised Siena Group in taking entire control of Iasi City Center SA

December 6, 2013

Siena Group was advised by Popovici Niţu & Asociaţii in taking entire control of Iasi City Center SA, a real estate company set up in view of developing a major office and logistics project in Iasi.

Iasi City Center SA was one of the initial investments in Romania made by Romanian Real Estate Partners BV, an investment vehicle of US and Spanish investment funds.

The complex transaction allowing Siena Group to take entire control of Iasi City Center SA was conducted within the reorganization procedures of Romanian Real Estate Partners BV and involved concerted efforts over more than a half-year, in several jurisdictions.

 

 

Valid XHTML 1.0 Transitional