Deloitte Legal affiliated firm Reff & Associates has advised Bank of Cyprus on the sale of a portfolio of non-performing loans and repossessed properties in Romania with a face value of EUR 147 million to an entity part of the APS group. Tuca Zbarcea & Asociatii advised the buyer.
Gugushev & Partners, DGKV, and Spasov & Bratanov Advise on Helios Energy Invest’s Acquisition of Helios Projects
Gugushev & Partners has advised Helios Energy Invest on its EUR 65 million acquisition of Helios Projects from H1 Venture Swiss Holding. Djingov Gouginski Kyutchukov & Velichkov advised the seller. Spasov & Bratanov advised China Development Bank as the project finance lender.
Dentons Advises Ceska Sporitelna on Zeitgeist’s Residential Real Estate Portfolio Refinancing
Dentons has advised Ceska Sporitelna on its EUR 113 million refinancing of Zeitgeist Asset Management’s residential real estate portfolio. BNT Attorneys reportedly advised Zeitgeist.
Kinstellar Advises Helaba on Crestyl Financing
Kinstellar has advised Helaba on the financing provided to Czech developer Crestyl for the revitalization of the NR7 building in Prague.
The Central Bank of Hungary Suspended the Placement of Shares of a Public Limited Company
On 22 July 2022, the Central Bank of Hungary (MNB) suspended the placement of shares of FuturAqua Nyrt. (Issuer) to be issued in the course of the share capital increase and imposed a supervisory fine of HUF 5 million (~ EUR 12,500).
MassMutual Romania Brings on Costin Teodorovici as Chief Legal Officer
Former Ionescu & Sava Partner Costin Teodorovici has joined MassMutual Romania as its Chief Legal Officer.
Karanovic & Partners Advises GGF on EUR 10 Million Loan to UniCredit Bank Serbia
Karanovic & Partners has advised the Green for Growth Fund on extending a EUR 10 million loan facility to UniCredit Bank Serbia.