In May 2022, Rada & Asociații successfully assisted a German-owned company in the sale of a 3.8-hectare land parcel in Ilfov County to a leading warehouse owner in Romania. Our legal team, led by Partner Alexandru Rada, expertly navigated the transaction’s structuring, adeptly acquired essential documentation for the buyer’s due diligence, and effectively managed the negotiation and execution of the sales agreement.
This complex transaction required a deep understanding of Romanian real estate law and a close collaboration with the client to ensure that all of their needs were met. We are proud to have played a role in helping our client achieve this important milestone, and we look forward to seeing the land parcel developed into a state-of-the-art warehouse facility.