The initial deal comprises the purchase of a 13,000 sqm logistics warehouse, fully leased, alongside 31,000 sqm of land.
This acquisition aligns with CCP Cooperatief’s strategy to develop a portfolio of valuable real estate in Romania, enhancing both company assets and user benefits.
The upcoming phase of the acquisition is scheduled for April 2025 and will concentrate on acquiring the other buildings situated in Ștefăneștii de Jos, which have already been secured through Step 1 of the transaction.
Amalia Rapan, Amalia Rapan, Of Counsel, IABLONSCHI & ASOCIAȚII, commented “We are thrilled to support CCP Cooperatief in this pivotal transaction, reinforcing their commitment to expanding their asset portfolio in Romania. The logistics sector around Bucharest is witnessing significant growth.”
Ionuț Iablonschi, Partner, IABLONSCHI & ASOCIAȚII, added “This transaction demanded a bespoke approach, aligning with our principles of integrated service, transparent communication, and a strategic mindset. It’s been an exciting start to the year.”
IABLONSCHI & ASOCIAȚII’s role encompassed due diligence, structuring the transaction, negotiating documents, and managing the foreign investment notification process with the relevant Romanian authorities.
“Thanks to Amalia and Ionut, the transaction was not only seamless but also reassuring. Their major expertise and attention to detail made all the difference, ensuring that every aspect was handled with professionalism and care. I couldn’t have asked for a better team to guide us through the process.”, Emre Ozgen, Founder of Cultivate Capital Partners (CCP).
CCP Cooperatief, founded by Emre Ozgen last year, aims to build a portfolio in the non-residential sector and it is represented in Romania by CCP Log Holding S.R.L.
