Tuca Zbârcea & Asociatii’s real estate practice is described as 'superb‘. The substantial team has particular strength managing development and investment in commercial real estate work. Advice on new credit facilities is an area of notable expertise along with real estate project restructurings and large-scale litigations. Practice co-head Razvan Gheorghiu-Testa, described as ’an accomplished real estate lawyer‘, combines tax and corporate skills; fellow co-head Dan Borbely often works with investments in the local real estate market. Corporate acquisitions and sale transactions are a key focus of Oana Ureche’s practice, while Dragos Apostol is sought after for large-scale forestry acquisition projects. Alexandra Pereș is described as 'the new star in the team‘.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘We have worked with many practices of the law firm and are very happy with the business acumen, high professional standards and client interaction.'

  • 'Tuca Zbarcea & Asociatii's top-quality real estate practice is superb. They have a diverse team with diverse backgrounds and they provide the best legal advice one could ask for. I respect and admire their commitment, availability and overall legal prowess.'

  • 'Razvan Gheorghiu-Testa is an accomplished real estate lawyer, very experienced, always hands-on, and consistently thorough in his advice. He has both the legal knowledge and business acumen to provide seamless service. We enjoy very much working with Razvan.'

  • 'Alexandra Peres is the new star in the team. She is extremely proactive, she gets right to the bottom of things to provide solutions to our legal problems.'

  • 'Amalia Dumitru is very helpful and responsive, with a professional attitude and also very good from a technical perspective.'

  • 'Raluca Misu keeps impressing me with her commitment and knowledge of the laws and overall practical experience in real estate and construction. She makes a great lawyer!'

Key clients

  • Morgan Stanley Real Estate Investing
  • Carrefour Romania
  • CEZ Romania
  • McDonald’s Romania
  • Vodafone Group Services plc
  • Speedwell (Belgian real estate investment fund)
  • Cinema City Romania
  • Superbet Group, part of Blackstone
  • Indotek Group (Hungary)
  • Elements Logistic & Industrial (ELII)
  • Booking Holdings
  • Tesla Group/ Tesla Energy Storage
  • S+B GRUPPE AG
  • Revetas Capital Advisors
  • Maurer Imobiliare
  • R.T.C. RADIOLOGY THERAPEUTIC CENTER (Amethyst Group)
  • Realis Development

Work highlights

  • Advising Carrefour Romania SA, Carrefour France and Carrefour Netherlands in connection with the acquisition of Romania Hypermarche SA.
  • Advising Premier Restaurants Romania/ McDonald’s on all legal issues related to the group’s national expansion.
  • Advising Morgan Stanley Real Estate Investing (MSREI) in connection with all asset and property management issues in connection with America House.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Razvan Gheorghiu-Testa is a Partner at Tuca Zbârcea & Asociatii, having built up a strong legal career in real estate, corporate/M&A, as well as taxation. Further to his expertise in real estate matters, he combines tax and corporate law skills offering multidisciplinary strategies and solution in relation to a broad spectrum of property matters. He has been directly involved in many of the most important projects taking place in Romania, including acquisitions and disposal of real estate, investment and development real estate projects, and real estate finance. Razvan Gheorghiu-Testa regularly offers planning advice on investments to major institutional investors, as well as international companies from a variety of industries, such as retail, consumer goods, steel, energy, telecommunications, oil and gas, pharma. In addition to his role as one of the coordinators of the firm’s real estate practice group, he co-heads the firm’s specialised tax division, Tuca Zbârcea & Asociatii Tax SRL.Tuca Zbârcea & Asociatii and Tuca Zbârcea & Asociatii Tax are collaborating with Andersen Global in Romania.
Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Alexandra Pereș specialises in the areas of real estate, mergers and acquisitions, corporate and commercial, banking and finance. She is a highly skilled real estate lawyer, with a particular focus on construction and urbanism, retail, office, energy sector. As part of her experience she has been involved in major projects on the Romanian market, coordinating mergers and acquisition projects, restructuring of debts and receivables and negotiation of afferent guarantees and advising on matters related to construction and urbanism, implementation of various real estate projects, structuring of real estate transactions and the associated financing process, commercial leasing and property management, as well as on various non-contentious aspects of real estate and construction related projects.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
As a Partner at Tuca Zbârcea & Asociatii, Oana Ureche focuses on real estate, corporate and commercial, as well as mergers and acquisitions. She has particular strength in corporate acquisition and sale transactions, related financing issues and preparation of complex sale-purchase operations, having advised both sellers and buyers in sophisticated transactions. She is skilled in drafting of merger plans, due diligence reports and documents substantiating several transactions as well as in negotiating various types of transaction documents. Furthermore, Oana Ureche has been involved in major retail, residential and office development projects, as well as in defining infrastructure projects and has acquired significant experience in matters involving structuring of complex transactions. Her work experience also includes important privatization projects, especially in the electricity and banking sectors.

Practice head

The lawyer(s) leading their teams.

Răzvan Gheorghiu-Testa, Dan Borbely, Oana Ureche, Dragoş Apostol, Alexandra Pereş

Other key lawyers

Amalia Dumitru, Raluca Misu