Filip & Company law firm has provided legal assistance to Global Vision in the execution of a refinancing agreement with Raiffeisen Bank Romania, concerning its retail assets in Oradea. The overall value of the investment exceeds 10 million euro.
This financing supports Global Vision’s first project in the retail segment. The development is located on more than 25.500 sqm and will become a new retail hotspot for the local community.
“The growing interest in retail projects located in regional cities shows an important shift in market dynamics and an increasingly clear focus on investments with immediate utility for the community. Financing this project involved careful analysis of the development’s specifics and very good collaboration with the Global Vision team, who had a well-defined vision from the outset. We are pleased to have been able to contribute to the structuring of a financing that supports the development of a project with real potential in the region”, said Camelia Ianțuc, senior associate at Filip & Company.
The Filip & Company team has included Camelia Ianțuc (senior associate) in a key role and benefitted from the contribution of Alexandra Manciulea (partner).
Filip & Company has one of the most dynamic and experienced Banking and Financial Services practices, being ranked in the top tier by the prestigious Legal 500 publication. The team includes specialists with extensive and successful experience in complex financial market transactions, gained in both domestic and international contexts.