Mobile: +40 723 01 21 71
Tel: +40 (21) 796 52 64

Practice areas

  • Real estate
  • Retail
  • Corporate


  • Romanian
  • English
  • French

OTILIA PETRESCU is a highly skilled and experienced business lawyer with over 14 years of business advisory practice. One of her chief specializations is Real Estate where she conducted a significant number of commercial and residential real estate transactions, including acquisitions, real estate developing & planning, commercial leases.

During her career, Otilia has been involved in several high mandates and assisted investors, real estate funds, asset managers and real estate developers on all stages and types of real estate transactions, including due diligence, drafting and negotiating of transaction documents, financing, leasing or disposing of real estate properties. She advised clients during major construction developments coordinating contractual documentation, structuring, negotiating and post-completion operations.

Prior to joining Stratulat Albulescu, Otilia was General Counsel and Member of the Directors Committee of a French top retailer, where she headed the legal department and was extensively involved in the development of its hypermarket chain on the Romanian market. Previously, she was part of the Gide Loyrette Nouel team. Otilia attended an executive program with the prestigious Stanford Business School, in 2014.

recent relevant projects

Assisted one of the leading European commercial real estate companies specialised in shopping centres in relation to various contracts pertaining to the core business, real estate and corporate matters.

Assisted a major DIY retailer in relation to the development of a retail park.

Headed the legal and compliance department of Louise Delhaize Group, developing and integrating procedures within the group’s policy, managing the corporate matters of the group, collaborating with senior members of the business at the group level in relation to developing and implementing long term strategies with the purpose of creating added shareholder value, coordinating debates with trade associations and retail industry partners on various regulatory matters, engaging in direct negotiations with government and public authorities.

Assisted a French hypermarket operator in relation to its real-estate acquisitions, chain expansion and development of commercial centers; analyzed development opportunities, structured transactions and led the negotiation process.

Assisted a major retail group in relation to the signing and performance of a 210M syndicated loan granted by EBRD for the expansion of its chain on the Romanian market.

Assisted several companies from the FMCG industry in relation to various operational contracts, including identifying key legal risks and mitigation factors, consumers protection, labelling, issues related to permits, other regulatory matters etc.

Assisted a leading insurance company in relation to the merger of its Romanian subsidiaries.

Assisted financial institutions and industrial investors in relation to various corporate and real estate projects, including drafting and negotiating security documents for real estate finance projects, due diligence investigations and regulatory analysis.

Assisted a global luxury brand on in setting up its distribution network in Romania, including registering the company, reviewing day to day corporate matters, drafting and negotiation of specific contracts.

Assisted a financial institution in respect to a €8.5 mil. real estate finance project, including drafting and negotiating the acquisition documents.

Advised IFC on the operation of micro-finance companies under Romanian law.

Advised a British investment fund on the €34.5 million acquisition of a commercial centre, representation which included the production of a due diligence report and the drafting of the transaction documents;

Advised a Belgium investment fund on the development of a €60 million office project and on the development of an outlet centre, including drafting and negotiating specific contracts, lease agreements and acquisition documents, advising on the transaction’s structuring;

Advised a Spanish real estate developer on the acquisition and development of a residential project in Bucharest;


2014 – Executive Leadership Development: Analysis to Action Program, STANFORD GRADUATE SCHOOL OF BUSINESS, California, U.S.A /
2004 – 2005 – NATIONAL INSTITUTE FOR THE TRAINING OF LAWYERS, Bucharest, Romania – with honors
2002 – Law Degree, Faculty of Law, “ALEXANDRU IOAN CUZA” UNIVERSITY, Iasi