D&B David şi Baias together with PwC provided legal assistance to one of the largest banks in Romania regarding the legal consequences for coverring of non-performing loans granted by the bank by implementing the transfer of ownership over the distressed assets held as collateral to a specialised company.
D&B David şi Baias provided legal assistance to one of the most important international real estate developers in respect of the possibility to sell commercial premises located within a shopping centre under construction.
D&B David şi Baias provided legal services to an important logistics client consisting of legal due diligence on the acquisition of a multi-purpose building – office space and production facilities.
D&B David şi Baias assisted one of the largest real estate developers in the sale of an important commercial project located in the south-east of Bucharest to a German fund of real estate investments. The EUR 147 million transaction, as valued by the mass-media, makes it the highest value transaction with commercial spaces on the Romanian market.
D&B David şi Baias provided an important Irish real estate developer with extensive sell-side legal assistance during a sale transaction with a cash&carry retailer. The object of the transaction was an industrial target property located in an industrial area of Bucharest, District 6, with a total surface of approximately 85,000 qm. The value of the transaction was estimated by mass-media to be EUR 40 million.
A Northern Ireland real estate developer, active on the Romanian related market with various projects, was assisted by D&B during the development process of a network of 10 shopping malls in Bucharest and other main Romanian cities. The project was valued at EUR 700 million. For residential properties, D&B assisted the company during the development of the residential compound “New Town”, located in Bucharest and comprising approximately 650 apartments. The project was estimated at EUR 120 million.
D&B advised one of the most important real estate funds, a British fund active in the industrial spaces area, during the acquisition of an industrial park. The transaction, valued at more than EUR 70 million; at that time the highest value ever on the Romanian real estate market for an industrial space transaction.