Schoenherr has advised Eurobank Greece on the sale of the Eliade Tower office building in Bucharest to One United Properties in a share deal. The Law Chamber advised One United Properties on the acquisition.
Eurobank operates in six countries, with a presence in Greece, Cyprus, Luxembourg, Serbia, Bulgaria, and the UK.
One United Properties, listed on the Bucharest Stock Exchange, is an investor and developer of residential, mixed-use, and office real estate in Romania.
According to Schoenherr, “the ten-floor Eliade Tower office building, located in the city’s booming business area Floreasca, has an area of approximately 10,000 square meters and is currently 50% leased.”
Schoenherr’s team included Partner Madalina Neagu, Managing Attorneys at Law Cristina Enaga and Adriana Stanculescu, Senior Attorney at Law Mihaela Popescu, and Attorneys at Law Alexandra Smahon and Laura Buzatu-Teodorescu.
The Law Chamber’s team included Partner Theodor McCann and Associates Adriana Zamfirescu and Nicolae Gheorghita.