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Filip & Company Advises One United Properties Shareholders on Sale of 234 Million Shares

Filip & Company Advises One United Properties Shareholders on Sale of 234 Million Shares

Romania
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Filip & Company has advised the significant shareholders of One United Properties on their sale of 234.2 million company shares to local and international institutional investors.

The One United Properties shareholders involved in the sale included Co-Founders Andrei Diaconescu (through OA Liviu Holding Invest) and Victor Capitanu (through Vinci VER Holding), Board of Directors Chairman Claudio Cisullo (through CC Trust Group), and Board of Directors Member Marius Diaconu (through Altius).

One United Properties, listed on the Bucharest Stock Exchange, is an investor and developer of residential, mixed-use, and office real estate in Romania. The transaction was intended to generate liquidity and strengthen the shareholder base, allowing new institutional investors to acquire shares in the company, Filip & Company reported. Co-Founders Capitanu and Diaconescu reportedly hold 50.03% of One United Properties' share capital, post transaction.

"This transaction is yet another testimony to the courage and innovation of One United shareholders and puts them in an unrivaled position to continue to be a highly active player in the real estate market," Filip & Company Partner Alexandru Birsan commented. "The strong interest from institutional investors reflects the credibility One United enjoys and is a natural continuation of an exceptional growth story."

The Filip & Company team was led by Birsan and included Partner Olga Nita and Associate Anca Badescu.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/