Banca Comercială Română (BCR), one of the most important financial groups in Romania, has provided a EUR 29.5 million credit facility to UNIRII VIEW S.R.L., with legal guidance from Wolf Theiss. This loan will be used by the developer to refinance an existing loan for the Unirii View building, located in the heart of Bucharest.
The transaction was handled by the Wolf Theiss Banking & Finance team in Romania, led by Partner Claudia Chiper. The team included Senior Associates Alexandru Asaftei, Iuliana Stoicescu and Smaranda Văcaru, alongside Associates Cătălin Sabău and Ana Florea. On the real estate aspects, Partner Roxana Roman and Counsel Dana Toma from the Wolf Theiss Real Estate team provided advice to the lender.
“We greatly appreciate the ongoing trust that our long-term client BCR, one of the leading banks in Romania, has placed in us by awarding another significant real estate loan. This transaction highlights our dedication to facilitating financing deals and strengthening the framework for such loans in Romania.” – Partner Claudia Chiper.
About Wolf Theiss
Founded in 1957, Wolf Theiss is one of the leading law firms in Central, Eastern and South-Eastern Europe (CEE/SEE). We have built our reputation on unrivalled local knowledge which is supported by strong international capabilities. With 390 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients.
Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.
About BCR
Banca Comercială Română (BCR), a member of Erste Group, is one of the most significant financial groups in Romania, including universal banking operations (retail, corporate & investment banking, treasury, and capital markets), as well as specialized companies in the leasing and private pension markets.
BCR offers a full range of financial products and services through a network of 20 business centers, 18 mobile offices dedicated to companies, and 317 retail units located in most of the country’s cities with more than 10,000 residents, where 71% of our units are cashless. BCR customers have the largest national network of ATMs and multifunctional machines— almost 2,000 machines, and full banking services through Internet banking, Mobile banking, Phone banking, and E-commerce. For more information about BCR’s products and services, visit www.bcr.ro.
