Eversheds Sutherland Romania Has Advised Primavera Development on the Lease Agreement with Heineken Romania

Eversheds Sutherland Romania has advised Primavera Development in relation to the lease agreement with Heineken Romania, one of the most significant deals concluded at the beginning of this year.

Heineken is moving to the new office project called The Muse that is being developed by Primavera Development and the real estate consultancy Griffes. The project is slated for delivery in 2023 following an investment of around €16 million.

The project team included Partner Cristian Guia and Associate Mihaela Spiridon.

This transaction comes a few years after our team has advised Primavera Development in other notable deals, including the sale of Festival Sibiu mall project to NEPI Rockcastle for €21 million.

Cristian Guia, Eversheds Sutherland, commented:

“We are delighted to have been involved in yet another successful project for our longstanding client Primavera Development. Closing this important deal is not only an indicator of our know-how and capabilities in the real estate sector, but also an optimistic signal during pandemic times in Romania.”