- September 30, 2015
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Drakopoulos has advised Bluehouse, a private equity real estate investment management firm focused in emerging Europe, on the sale of Victoria Center Office Development, a prime located A+ class building in Bucharest, Romania, to German real estate fund GLL Partners. Dentons advised GLL on the deal.
The deal was completed at the end of September 2015 at a selling price of around €27m.
The transaction required cross border and multidisciplinary experience in a wide spectrum of areas, as well as careful structuring in order to ensure compliance with Romanian and Cypriot provisions with special attention to corporate, real estate and taxation matters.