DHA assisted an established real estate developer in securing land plots of an aggregate surface of circa 11 hectares, in the metropolitan area of North Bucharest, for the development of a residential project in an overall transaction of EUR 4 million.
Our firm was involved in every stage of this residential real estate transaction, from the due diligence exercise, to the negotiation of the contractual instruments, as well as to facilitating the deal closing. Our firm is further on entrusted by our client with the legal assistance regarding the development of the residential project which will consist of single or duplex format housing units and the supporting infrastructure.
DHA’s real estate department is regularly involved in sophisticated transactions in the real estate and construction sectors. We assist our clients (developers, property owners, lenders, and investors) in connection with a wide variety of real estate deals including greenfield/brownfield investments, forward sale and lease agreements, joint venture developments or other hybrid structures. Our specialized team also provides legal assistance regarding land development, including zoning, planning, optimizing urbanism indicators, regulatory and other construction compliance issues.
For additional information regarding DHA expertise in the real estate and construction sectors, please check https://dha.ro/sectors/construction-real-estate/ and https://dha.ro/practices/real-estate/.