Victoria Center: Financing Secured for Acquisition by Solida Capital
Deal News | Mar 12, 2025 | CEE Legal Matters
Popovici Nitu Stoica & Asociatii and Kinstellar have played instrumental roles in a significant real estate transaction involving the acquisition of Victoria Center, a notable office building on Calea Victoriei, Bucharest. Popovici Nitu Stoica & Asociatii provided counsel to Banque Banorient France Romania Branch regarding the financing mechanism for this transaction, while Kinstellar advised Solida Capital, the acquirer. Victoria Center stands as a strategic development in the heart of the Romanian capital. The legal teams involved are composed of several senior figures, demonstrating the transaction's complexity and importance. The real estate sector remains buoyant, with international financing playing a crucial role in such acquisitions, indicating a healthy interest in Romanian commercial property investments.
Sectors
- Real Estate
- Financial Services
- Legal Services
Geography
- Romania – The transaction is centered on Bucharest, the capital of Romania, where the Victoria Center building is located.
- France – Banque Banorient, with its branch in Romania, is originally a French bank, highlighting the cross-border nature of this financial transaction.
Industry
- Real Estate – The acquisition of the Victoria Center office building involves the real estate industry, focusing on commercial property investments in Bucharest.
- Financial Services – Banque Banorient France Romania Branch's involvement in financing the acquisition highlights the financial services sector's role in facilitating real estate transactions.
- Legal Services – The prominent participation of legal advisors like Popovici Nitu Stoica & Asociatii and Kinstellar underscores the importance of legal services in structuring and executing significant real estate deals.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Popovici Nitu Stoica & Asociatii | Legal Advisor to the Financing Bank | Company | A Romanian law firm advising Banque Banorient France Romania Branch on the financing aspects of the Victoria Center acquisition. |
| Kinstellar | Legal Advisor to the Acquirer | Company | An international law firm providing legal advice to Solida Capital on its acquisition of Victoria Center. |
| Banque Banorient France Romania Branch | Financing Bank | Company | A banking entity providing financial backing to Solida Capital for acquiring Victoria Center. |
| Solida Capital | Acquirer | Company | The company acquiring Victoria Center, an office building in Bucharest. |