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Popovici Nitu & Asociatii - The only first tier law firm in Romania, as per Legal 500 2010 - Rankings on Real Estate
After several years of sharing the first place with other law firms, Popovici Nițu & Asociații becomes in 2010 the only Romanian law firm ranked first in Real Estate & Construction by the Legal 500 EMEA 2010 edition.
According to Legal 500, “Popovici Nitu & Asociatii’s real estate practice encompasses acquisitions, development, finance, and commercial letting, and is described as ‘first rate’. The firm has advised Immoeast, one of the largest real estate investors in Romania, on acquisitions; recent deals include the acquisition of EFG Portfolio Projects with a total investment volume exceeding €300m and the acquisition of Eyemaxx Portfolio Logistics Projects, valued at €160m. On the development side, the firm advised SPD – a joint venture between Erste Bank/Sparkassen Immobilien and local entrepreneurs – on the development and construction of SMART City Project, a €350m office park development in Bucharest which includes the Rompetrol Tower. It has also acted for Global Finance on the development, construction, sales and letting of its €300m Global City and Global City Residential Projects in the capital. In the retail letting field, the firm advised Armonia Shopping Center Arad in connection with the renegotiation and restructuring of various retail lease agreements, including with Carrefour.”
Popovici Nițu & Asociații has been constantly ranked No. 1 in Real Estate by Chambers Europe 2006, 2007, 2008 and 2009 and Legal 500 EMEA 2007, 2008 & 2009.
Popovici Nițu & Asociații is one of the first incorporated professional partnerships in Romania and one of the main players on the legal services market, acting primarily in private transactions where it generally represents the interests of international corporations.
The Firm is widely acknowledged as a first tier counsel in Banking & Finance, Capital Markets, Corporate Commercial, Competition, IT & Telecom, Mergers & Acquisitions, Real Estate, Public Procurement and Project Finance.
Legal 500 EMEA 2010 edition - Real Estate Rankings
