Practice Areas: Real Estate Development

Widely recognized as the largest and most prominent real estate practice in Romania, this Group reflects the strength, diversity and sophistication that are the hallmarks of RMDT. The practice of our real estate attorneys extends to all aspects of real estate development and finance in Romania, with broad experience and expertise in matters relating to the ownership, assembly, acquisition, development, construction, operation, financing and securing of real estate assets.

Our real estate practice handles transactions of all sizes and complexities, whether it is for a local client wishing to purchase a piece of property, or for a multinational corporation involved in a multi-asset transaction spanning various states and foreign jurisdictions. As always, our real estate attorneys have seamless connections to other practice groups and readily rely upon our tax, employment, corporate and international attorneys. In the representation of both foreign and domestic clients, our real estate attorneys have participated in various acquisitions, dispositions, financings, work-outs and restructurings, developments, foreign multi-tiered investments, sale-leasebacks, and all forms of commercial leasing, including offices, industrial properties, partnerships, joint ventures and syndications.

Specifically, RMDT represents prominent U.S., Israel and Greek and international developers in a wide range of matters including land use studies and site acquisition, negotiation and drafting of construction agreements, shareholder partnership and limited liability company operating agreements, as well as lease transactions and environmental law issues. These disciplines combine in the development of projects such as the purchase and sale of land for the development of various urban areas for a proposed multi-billion dollar entertainment center. Our real estate attorneys have, among other things, continued to provide advice for the redevelopment of Baneasa Airport, Bucharest's national airport, the development of more than twelve hotel and resort projects throughout the region, numerous office buildings (including Europa House), and the acquisitions of lands and negotiations of leases for properties, including the preparation of purchase and sale agreements, and mortgage and funding documents. The Firm has also counseled the Government of Romania in regard to the creation of historic urban district legislation, as well as urban business improvement legislation, in connection with the renovation of the nation's historic urban districts.