Stratulat Albulescu Attorneys at Law advises Automobile Dacia S.A. (Renault Group) on the largest single tenant office lease to have been executed in Romania

Stratulat Albulescu Attorneys at Law acted for Automobile Dacia SA part of the French Automotive Group Renault, in relation to the lease of a property development in Bucharest including a 39,000 sq metres Class A build-to-suit building. Within the next 3 years, as confirmed by the Dacia General Manager the company will consolidate into this new building their various offices that are currently located in a number of different locations throughout Bucharest.

Our firm provided legal advice on all Romanian law matters including drafting the transaction documents and negotiating the lease agreement.

The team was led by Silviu Stratulat, Managing Partner and Otilia Petrescu, Partner who coordinated the Real Estate department’s work alongside Cristina Man – Senior Associate and Alex Bumbu – Associate.

The firm worked closely on the matter with the Paris office of Lefèvre Pelletier & Associés.

Automobile Dacia, part of group Renault, is the only motor car manufacturer in Romania that possesses the capacity to design, develop and manufacture motor cars in Romania. This is achieved with the help of over 16,000 employees currently working in the manufacturing facilities and offices located in Pitesti, Bucharest, Titu and other cities in Romania.

Stratulat Albulescu Attorneys at Law is a dynamic Romanian law firm, providing legal advice in all business sectors and in all areas of Business Law in Romania including in Real Estate acting for a number of domestic and overseas groups in that field. Our team works in close co-operation with highly-respected law firms throughout Europe and elsewhere and has significant experience in cross-border transactions, with its lawyers, leaders in their disciplines, providing legal advice in the English, French, Italian, Romanian and Spanish languages.

Stratulat Albulescu - Attorneys at law