ALBOTA LAW FIRM assisted Atenor with the agreement on the sale of Hermes Business Campus

Albotă Law Firm has assisted Atenor, a Belgian-based urban real estate developer company listed on the Euronext Brussels market, with the agreement for the sale of Hermes Business Campus, a 75,000 sqm office campus located in the heart of Dimitrie Pompeiu business district in Bucharest.

Oana Albotă, founder of Albotă Law Firm: “We are proud to be by the side of Atenor and to have assisted them with the structuring, negotiation, and signing of the agreement that lays out the terms for preparing the sale of Hermes Business Campus. This transaction comes to us as a further solid indicator of the quality that Atenor has brought about on the Romanian real estate market since 2008. It is a great satisfaction for us to witness the success of this remarkable project – Hermes Business Campus, and of the other projects that are currently being developed by Atenor in Romania, Dacia One, @Expo and UpSite. We would also like to thank Atenor’s team for their professional and constructive approach throughout the sale process.”

The agreement to sale was signed on 10 May 2021 and the sale is subject to standard conditions precedent. The project team was coordinated by Oana Albotă and included the lawyers Radu Simion, Ana-Maria Mincu and Bogdan Roscaniuc.

Albotă Law Firm is a law firm set up in May 2014 specialized in construction and real estate.

The firm offers its clients legal assistance throughout all stages of real estate projects in any industry (offices, residential, retail, logistics) starting from the stage of land acquisition, construction permitting and project financing, through construction process, up to the stage of sale/ letting of real estates to end customers.

In a year complicated for the legal market, Albotă Law Firm has managed to upkeep the organic growth of its team. Formed currently of 7 senior lawyers, Albotă Law Firm’s team is one of the most experienced and senior real estate and construction teams of legal advisors on the market.