Firon Bar Nir successfully assists in closing a partnership for the development of a residential project with over 700 apartments in Bucharest’s Titan neighborhood

Firon Bar-Nir successfully assisted a well-known Israeli investor, David Shmuely, in concluding a partnership with a Turkish real estate developer regarding the development of a residential project with over 700 apartments on a plot of over 2 hectares in Bucharest’s Titan neighborhood.

This long-term joint-venture agreement was intensely negotiated for a couple of months and involved complex commercial and legal mechanisms to secure the interests of both parties.

This new project consolidated Firon Bar-Nir’s Real Estate practice in joint venture agreements of such complexity, and was led by Alina Moldovan and Ioana Mardare,, both partners in Firon Bar-Nir.

Firon Bar-Nir is an international law firm providing customized services to international clients developing businesses in various geographies.

Firon Bar-Nir has been present in Romania since 1999, as a subsidiary of M.Firon & Co Advocates (founded 1950) and Bar-Nir &Co Advocates (founded 1983).

Firon Bar-Nir has its main activity in Romania, but also has offices in several other European countries, such as Greece, Bulgaria and Serbia, integrating the capabilities of an international team of legal experts.