Supernova acquires Jupiter City Shopping Mall in Pitesti, Romania
Supernova acquired the Shopping Mall Jupiter City from Mall Retail Rom, part of Jupiter Group, through a complex business transfer transaction. The acquisition was financed partially from own funds and partially by Erste Bank AG, Austria. The property developer Supernova relied on the legal advice of bpv GRIGORESCU STEFANICA for this acquisition, including for due diligence, contract negotiation for the business transfer and for the financing documentation. The bpv GRIGORESCU STEFANICA team was led by Anca Albulescu (Partner) and included Nicolae Ursu (Managing Associate) and Diana Radu (Associate). “We have made an excellent decision when choosing bpv GRIGORESCU STEFANICA to advise us on this transaction. Although the deal had some legal hurdles and we also had to face restrictions due to the Covid-19 situation across Europe, Anca, Nicolae and Diana guided us sure-handedly through our first acquisition in Romania and helped us get the deal through in a short period of time As we are following a growth path in…
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