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Wolf Theiss and Stratulat Albulescu Advise on Erste Group and BCR's EUR 21 Million Financing of Bucharest’s Day Tower

Romania
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Wolf Theiss has advised Erste Group Bank and Banca Comerciala Romana on the EUR 21 million financing facility extended to Danube Capital Partners for the Day Tower office building in Bucharest. Stratulat Albuescu advised Danube Capital Partners.

According to Wolf Theiss, the Day Tower is one of the prominent office developments in Bucharest, and the financing marks another significant transaction in Romania’s real estate and lending market.

The Wolf Theiss team included Partner Claudia Chiper and Senior Associate Iuliana Stoicescu.

The Stratulat Albulescu team included Partner Cristian Vlaicu, Managing Associate Daiana Assoum, and Associate Ana Maria Ungureanu.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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