Filip & Company law firm provided legal advice to the Czech investment group Star Capital Finance in relation to the acquisition of two NEST retail parks in Romania, developed by RC Europe, in a transaction valued at nearly EUR 40 million.

The transaction marks SCF’s entry into the Romanian market—the fourth market in its portfolio after the Czech Republic, Poland, and Slovakia—and represents a new step in the group’s regional expansion in the retail park sector across Central and Eastern Europe.

The two properties, with a total leasable area of nearly 24,000 square meters, have been integrated into the SCF CROP portfolio, which specializes in investments in retail parks in the Central and Eastern European region.

“This transaction reflects the interest that regional investors have in the Romanian retail market and, in particular, in assets that boast solid commercial fundamentals and long-term growth potential. We continue to see strong demand for projects that offer stability, high occupancy rates, and good development prospects, and the retail park segment stands out for its strong performance in this context. We are pleased to have advised SCF on its first investment in Romania and thank them for their trust and for the excellent collaboration throughout the entire transaction”, said Ioana Roman, Partner and Head of the Real Estate Department at Filip & Company.

The Filip & Company team that advised SCF on this transaction was led by Ioana Roman (partner) and included Camelia Ianțuc (counsel), Alina Savastre (senior associate), Sandra  Danciu (associate) and Alexandra Ionescu (associate).

Filip & Company

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com to find out more about Filip & Company’s expertise areas and team.