Firm / Organisation

Albota Law Firm

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This content is provided by Albota Law Firm.

Managing Partner: Oana Albota
Number of partners: 1
Number of lawyers: 7
Languages: English, Romanian

Firm Overview:
Albota Law Firm is a boutique firm set up on 1st May 2014, offering premium specialised construction and real estate legal advice.
The firm has the capabilities to assist its clients in all areas connected to the development of a real estate project: financing, real estate permitting and regulatory, corporate and commercial, litigation and arbitration. The clients choose the firm because they like the clarity of the advice, the focus on results, the efficiency of the firm’s service, the fast reaction-time, all at a very fair price. The firm’s outstanding services are adapted to the needs of each client.
The firm’s small size is a huge advantage as it eliminates formalism, ensures the thorough involvement of a specialised partner and guarantees proper costs. The quality of its legal services is also guaranteed by the firm’s market knowledge and by its refined legal know how, derived from the involvement of its lawyers in the most significant deals in Romania in the past 16 years.
The firm’s expertise in real estate includes structuring of transactions from acquisition of real estate properties in Romania up to the exit point, including the title, permitting, corporate due diligence for acquisition of real estate, the acquisition assistance, the assistance with the permitting, development, leasing and financing of real estate projects, the assistance with the exit. The firm is experienced in all the construction sectors and in the engineering industry. Albota Law Firm is particularly specialised in FIDIC contracts and FIDIC adjudication.

Main Areas of Practice:

Real Estate & Construction:

1 partner

■Advising Electroputere Parc with the acquisition of approximately 38,000 sq.m. of land for the extension of the Electroputere Mall project in Craiova.
The assistance included:

  • Performing the title due diligence for the target real estate
  • The legal assistance required for the signing of the asset sale-purchase agreement
  • The negotiation and signing of a construction agreement with the structural works contractor

■Assisting Atenor in relation with the development, financing and leasing of Hermes Business Campus, an office complex of approx. 72,200 sq.m. (comprised of three buildings), located in Pipera business district.
The services included the legal assistance for:

  • The signing of the lease agreements with tenants as Genpact, DB Schenker, Idea Bank, Lavalin, Luxoft, e-Value, Mondelez, Xerox
  • The conclusion of the construction agreement with the general contractor, Octagon Contracting & Engineering
  • Signing of a Credit Facility Agreement and of the related Security Package with Garanti Bank

■Assisting a company part of Shikun & Binui group, the Israel’s leading infrastructure and real estate group, with the acquisition of a real estate property located in Voluntari, Ilfov county, Romania, comprising several plots of land, for the purpose of developing a new residential complex, New Point.
The assistance included:

  • Performing the title and permitting due diligence for the target real estate
  • The legal assistance required for the signing of the asset sale-purchase agreement

■Advising Atenor in relation with the development of the project Dacia ONE consisting of a new class A office building having a built-up area of almost 12,500 sq.m. located on Calea Victoriei, Bucharest.
The assistance included:

  • The title due diligence analysis
  • The transaction assistance for the signing of two asset sale purchase agreements
  • The preparation of the design agreement with the general designer
■Advising Green Gate Development with the financing and leasing of Green Gate Building, the largest office scheme delivered in 2014 in Bucharest and one of the most impressive and ecologist projects in Romania in 2014, having 31,000 sq.m. GLA of class A office space.
The services included the legal assistance for the signing of:
  • The lease agreements or addenda to the existing leases with tenants as Regus Group, Teleperformance Romania, Teamnet, Ambery Hall
  • The Facility Agreement with PPF bank for refinancing the loan granted for the construction and operation of Green Gate Building
■Assisting London Partners with the acquisition of approximately 22,000 sq.m. and the building permits for residential project of ≈900 apartments.
The assistance included:

  • Drafting and negotiation of the letter of intent
  • Review of the ownership documents and the permitting documents and drafting the title and permitting due diligence report
  • Drafting and negotiation of the promissory sale purchase agreement to be concluded for the acquisition of the project
  • The negotiation of the title insurance with Secure

■Advising London Partners in relation with the development of SOHO Unirii Residential Project, located at 6 Verzisori Street, District 4, Bucharest.
The legal assistance included:

  • The preparation and negotiation of the agreements with the slurry walls contractor, the enabling works contractor, the general contractor
  • Ongoing assistance in relation with the development of the Project

Key Clients: Atenor Group, Conarg Group, Kiz Invest, White Star Real Estate, Electroputere Parc, GD Total Service, Shikun & Binui, Green Gate Development, London Partners, Vel Pitar, Egoz Romania
Contact: Oana Albota
Tel: +4 0733551015
Email: [email protected]