Overview
Romania continues to be one of the main destinations for international retailers looking to expand in Europe. Expansion programmes are mainly directed towards the shopping centre stock, with prime schemes in the main cities being the central focus.
Our real estate team have significant experience in acting for retailers, developers and investors. Their wide knowledge and extensive understanding of the sector allows them to deliver insightful advice with real commercial value. This also extends to the different legal structures that are becoming more common in mixed-use schemes that involve retail, leisure and residential uses. The real estate team works closely with our outstanding Corporate & Commercial team who provide the legal support required during all phases of a project.
Our Relevant Experience
- Advised Hervis Sports & Fashion S.R.L., the biggest sports retail chain in Romania, in obtaining an unprecedented decision by the Cluj Specialised Tribunal, with the grant of an injunction for the deferred payment of part of the rent relating to premises at the Vivo Shopping Center in Cluj, owned by commercial real estate group Immofinanz.
