Stratulat Albulescu advises Indotek Group on the acquisition of One Victoriei Center office building

One Victoriei Center, a centrally located Class A office building totalling over 19,000 sq.m. houses tenants such as Food Panda, BRD, the fast-growing tech company S&T, Embryo’s Fertility Clinic and the cloud-based video supply chain company Ownzones Entertainment Technologies.

Indotek Group (www.indotek.hu) is one of the leading investment management and real estate development groups in Hungary. Founded in 1997, Indotek Group has more than 400 employees who manage properties totalling 1.000.000 sq.m. of built area.

Mr. Florin Tirla, Country Head Romania & Bulgaria with Indotek Group mentioned: “SAA proved their worthiness in this complex transaction and helped us close the deal in a manner most efficient. My colleagues and I were particularly satisfied with their involvement, high-energy, proficiency and input and advice through the toughest moments.

The deal entailed the sale One Dorobanti Properties SRL, the vehicle-owner of the asset. The Stratulat Albulescu team advising the buyer was coordinated by Managing Partner Silviu Stratulat (Corporate/M&A) and Partner Octav Stan (Corporate/M&A) and, in addition, included around 20 lawyers including Partners – Cristian Vlaicu (Banking & Finance), Tudor Ciambur (Real Estate), Managing Associate Alexandra Bucevschi (Banking and Finance); Senior Associate Sandra Frunzulica (Corporate/M&A) and Associates Amanda Csaki (Corporate/M&A), Adriana Stoica (Real Estate), Andreea Stanciu (Corporate/M&A) and  Ramona Chitu (Data Privacy).

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