“The lawyers are business-oriented and give you solutions, rather than just raising issues.” – Chambers Europe
Leroy şi Asociaţii’s real estate lawyers are involved in real estate acquisition, development and construction as well as financing projects in the Romanian market. We advise investors, developers, contractors and financial institutions, by combining valuable expertise gained by our multidisciplinary team of specialists in real estate, M&A and financing with a sound knowledge of the relevant legal framework.
Acquisitions
- Our lawyers regularly assist investors in real estate acquisitions in Romania regarding various types of projects, from agricultural and forestry lands to intra-muros lands and buildings.
- We carry out due diligence on the targeted real estates and draft and negotiate the acquisition documents.
Property Development and Construction
- Our lawyers advise on the legal feasibility of development projects, carry out due diligence and provide specific legal advice on regulatory issues, urban planning and environmental protection procedures.
- We advise on the various authorisations, approvals and permits necessary for the construction and development of real estate projects.
Leases & Co-ownership
- Our lawyers regularly assist clients with drafting and negotiating pre-lease and lease agreements for commercial, office and industrial premises, as well as co-ownership rules for complex projects.
Real Estate Finance
- We have extensive experience in assisting clients on complex real estate finance transactions.
- Our lawyers advise on structuring and drafting the transactions and also on negotiating loan and security documents.
Representative highlights:
- Advising the Romanian subsidiary of a leading international tyres manufacturer on the acquisition of a 200,000 sqm plot of land for expanding its production capacity in Romania.
- Advising the world’s largest producer of cleaning products, in connection with a lease agreement of office premises under construction, concluded with a leading player in the office segment, amounting to EUR 1,761,821.
- Advising a French investor on the acquisition of 1,300 hectares of agricultural land for the production of cereals and of the related storage and processing facilities in Romania.
- Assisting a leading international player in the energy sector, in all steps of the acquisition of a wind farm. We are assisting on a complex transaction structuring, performing the due diligence, providing advice on regulatory matters and we shall further draft the contractual documentation and assist with the closing formalities.
- Assisting a major international player in the energy sector with the acquisition of a photovoltaic park. After carrying out a complex due diligence and providing legal advice on specific regulatory matters, we are now drafting and negotiating the contractual documentation for the deal.
- Assisting Vangelys Danube S.R.L a lead player in the field of sanitary and plumbing equipment, in carrying out a construction project for modifying and fitting-out an industrial space. Our firm was particularly involved in preparing the documentation and assisting the client in obtaining the building permit for carrying out the required works.
- Advising a global player in the automotive industry, on the negotiation of two (2) build-to-fit lease agreements for the opening: (i) in Râmnicu – Vâlcea of a 12,000 sqm and (ii) in the nearby of Pitesti of a 13,500 sqm new production facilities for automotive spare parts;
- Advising a global player in the automotive industry on the drafting and negotiation of the lease agreements for the opening of three new industrial units in Romania.
- Advising a leading hypermarket operator on the contractual documentation required for the lease of new hypermarket premises outside Bucharest, within the context of the second development phase of a Bucharest retail park it anchors, and for the development of a new retail park outside Bucharest on properties owned by its group. The firm further advised on the contractual documentation and the legal due diligence review required regarding the Bucharest property on which the building of a hypermarket is envisaged.
- Advising a worldwide leading beauty products retailer in connection with drafting and negotiating several lease agreements for commercial premises.
- Advising a high street retailer and world leader in press distribution on the renegotiation and/or termination of lease agreements for retail spaces located in shopping centres and retail parks.
- Advising the subsidiary of an important French transportation group in connection with the negotiation of a lease agreement related to office spaces and additional warehouse spaces located within the largest Romanian logistic park.
- Advising a leading international retail company in connection with the drafting, negotiation and execution of lease agreements for hypermarkets, entered into as lessee, and for commercial spaces within shopping galleries, entered into as lessor.
- Advising a global luxury brand in relation to the negotiation and execution of the lease agreement in view of setting up its distribution network in Romania.
- Advising a leading energy player regarding the lease and service agreements relating to one of the landmark office buildings developed in Bucharest.
- Advising the world leader for corrective lenses on the drafting and negotiation of a lease agreement for office and deposit premises in a top office building in Bucharest.
- Advising a specialised forestry investment fund on the acquisition of several forestry plots, with a surface area of over 5,000 hectares, following complex legal due diligence reviews covering restitution issues, including forestry management plans, contracts with forestry units, environmental issues and post-acquisition regulatory matters.
- Advising a leading hypermarket operator on the contractual documentation required for the lease of new hypermarket premises and for the construction of a new retail park outside Bucharest.
- Advising a global player in the automotive industry on drafting and negotiating lease agreements for three new industrial units in Romania.
- Advising a European leader in the retail industry on the development of its hypermarket network.
- Advising the French School of Bucharest on all aspects related to the construction of its new premises and a EUR 15.8 million credit facility for financing the construction costs.
- Advising the mandated lead arrangers on a club deal for the development, construction and extension of an integrated project comprising a shopping centre, a shopping gallery, a major furniture store and A-class office buildings.
- Advising the world leader for corrective lenses on the drafting and negotiation of a lease agreement for office and deposit premises in a top office building in Bucharest.
