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Real Estate

Romania

We offer the benefit of longstanding experience in the real estate market, having advised on some of the biggest logistics, office and retail transactions in Central and South Eastern Europe to date. In an increasingly active property market, we can advise you on complex cross-border property portfolio sales and acquisitions across the region and we can provide industry-specific advice such as leasing agenda, construction and development projects and construction litigation.

Whether you are in the logistics, retail, office, residential, hotels, infrastructure, renewable energy or student accommodation sectors, we have the specialists to help. The breadth of our experience in Romania, from major acquisitions, planning and development, through to leasing, asset management and disposals, and our deep technical skills in the sector, mean that our clients rely on us to help them with their large-scale and complex transactions and projects in Romania – and beyond.

CMS is a strong player in the region and ‘handles all queries professionally’.
Legal 500

Through decades of experience of doing deals across Europe, our multi-jurisdictional teams adhere to the same templates, processes and standards, including project management. This means we can deploy specialist teams to advise you immediately, irrespective of where the real estate assets are.

If you are launching or operating a real estate fund or setting up a real estate related joint venture, our funds and corporate experts can give you country-specific support. This approach allows us to guide your tax, planning, debt financing, construction and management issues in addition to your traditional real estate portfolio and property management work.

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20 April 2020
CEE Green­field Guide
This guide to in­vest­ment in the Cent­ral and East­ern European (“CEE”) re­gion is in­ten­ded to help po­ten­tial in­vestors un­der­stand what in­cent­ives are avail­able when in­vest­ing in the lead­ing coun­tries in CEE. It also sets out in­form­a­tion about the pro­cess for
06 April 2020
CMS Ex­pert Guide to COV­ID-19 Im­pact on Con­struc­tion In­dustry
As the en­tire eco­nomy has been hit hard by the out­break of the COV­ID-19, also the con­struc­tion in­dustry is cur­rently fa­cing dra­mat­ic and dis­rupt­ive chal­lenges re­gard­ing fin­an­cial pres­sure, la­bour short­ages and sup­ply chain is­sues. In or­der to help our cli­ents, we have pro­duced a fre­quently up­dated, com­par­at­ive guide over the im­pact the COV­ID-19 has on the con­struc­tion sec­tor across vari­ous jur­is­dic­tions.
05 June 2020
Ad­vance pay­ment bonds: “step­ping down” pro­vi­sions and more guid­ance on...
Last month we re­por­ted on a TCC de­cision which con­sidered the re­quire­ments for mak­ing and re­ject­ing a de­mand un­der an ad­vance pay­ment bond sub­ject to the URDG. Very sim­il­ar is­sues have now been con­sidered...
April 2019
Stu­dent Ac­com­mod­a­tion in CEE: the next big thing?
31 March 2020
CMS Ex­pert Guide to COV­ID-19 Im­pact on Lease Agree­ments
COV­ID-19 is dom­in­at­ing the glob­al news and af­fect­ing all areas of busi­ness life. For both land­lords and ten­ants, the ques­tion arises as to the im­pact of the COV­ID-19 pan­dem­ic on their lease re­la­tion­ships. In this guide you will find a use­ful over­view of the im­pact COV­ID-19 has on leases across vari­ous jur­is­dic­tions. Please note that this com­par­at­ive ana­lys­is is based on our cur­rent eval­u­ation and is a sub­ject to fur­ther up­dates and amend­ments.
27 May 2020
Ro­mania en­acts law for post­pone­ment of rent­al pay­ments and oth­er lease...
On 24 May, Ro­mania en­acted Law no. 62/2020 on the ap­plic­a­tion of in­cent­ives for rent pay­ment dur­ing the state-of-emer­gency peri­od. The de­tails of this law in­clude: In­cent­ives for less­ees Un­der the law,...
08 May 2018
Green­field In­vest­ments in CEE 2018
24 April 2018
CMS Ex­pert Guide to Com­mer­cial Real Es­tate
This CMS Ex­pert Guide an­swers 12 most im­port­ant leg­al ques­tions about real es­tate across Europe. Find here what you need to know!
07 May 2020
The use of ex­perts in in­ter­na­tion­al con­struc­tion dis­putes: con­flicts of...
A re­cent de­cision of the Tech­no­logy and Con­struc­tion Court ap­pears to be the first re­por­ted Eng­lish de­cision to up­hold a fudi­ciary duty of loy­alty in an ex­pert wit­ness ap­point­ment. The find­ing in this...
6 April 2017
CMS launches the CEE Real Es­tate In­vest­ment Com­pass re­port
01 January 2016
CMS Ex­pert Guide to Real Es­tate Fin­ance
This CMS Ex­pert Guide provides a clear and con­cise ex­plan­a­tion of how a lender (loc­al or for­eign) can take se­cur­ity over real es­tate and op­tions as to en­force­ment.
07 May 2020
GRESB 2020 – It’s Ques­tion Time!
GRESB has launched its 2020 Real Es­tate As­sess­ment. GRESB is the lead­ing glob­al En­vir­on­ment­al, So­cial and Gov­ernance (ESG) bench­mark for the real es­tate and in­fra­struc­ture in­dus­tries. It is a vol­un­tary...