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Portrait of Roxana Fratila

Roxana Fratila

Head of Real Estate & Construction

CMS Cameron McKenna Nabarro Olswang LLP S.C.P.
11-15, Tipografilor Street
B3-B4, 4th Floor
District 1
013714 Bucharest
Languages English, Romanian

Roxana Fratila is a partner and head of Real Estate and Construction in Romania and has over fifteen years’ experience advising international clients with focus on real estate matters.  She has worked on some of the most high-profile real estate transactions in Romania in recent years.  Clients cited in Chambers Europe described Roxana as "clear and highly effective in her advice" and "a deal-driver with a very good understanding of the business."

Roxana has advised on the acquisition and financing of numerous shopping centres & office developments in both Romania and across the region, as well as supported numerous investors and developers in the energy and climate change and agriculture sectors.  Her practice spans the coordination of numerous due diligence investigations, acquisitions of all range of properties, concessions, building contracts, joint ventures, design agreements, institutional lease agreements and project financing.  She also has a special focus on environmental and renewable energy matters. 

Roxana is an active member of pan-regional industry sector working groups – in particular the CEE Hotels and Leisure group, as well as the CMS Energy & Climate Change group.  Prior to joining CMS, Roxana was a Senior Associate at one of the largest Romanian law firms, and before that she worked at the associated law firm of Ernst & Young.  

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Memberships & Roles

  • Member of the Bucharest Bar Association.
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  • Practical Law (Thompson Reuters) – ‘Commercial Real Estate in Romania: Overview’
  • The International Comparative Legal Guide to  Environment & Climate Change Law – Romania chapter (2012 and 2013)
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  • 2006 - LLM in Community Law, University of Bucharest, Romania
  • 2001 - BA in Law, University of Bucharest, Romania
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Real es­tate trans­ac­tion costs and taxes in Ro­mania
1. Due di­li­gence costs for the pur­chase of real es­tate 1.1 Mu­ni­cip­al search Cost N/A VAT N/A 1.2 Util­ity search (each ser­vice) Cost N/A VAT N/A 1.3 Land re­gistry search (per search) Cost Ap­prox...
Care homes in Ro­mania
1. Which laws ap­ply to open­ing care homes? The main reg­u­la­tions are in Law 17/2000 on So­cial As­sist­ance for the Eld­erly and Law 197/2012 on Se­cur­ing Qual­ity in So­cial Ser­vices. An im­port­ant reg­u­la­tion...
Leg­al­ity of Bucharest's sus­pen­sion of dis­trict zon­ing plans drawn in­to...
The Gen­er­al Coun­cil of Bucharest passed five de­cisions to sus­pend the co­ordin­a­tion of the zon­ing plans (Dis­trict PUZs) of five of the six dis­tricts of Bucharest for one year (i.e. un­til 26 Feb­ru­ary 2022)...
Elec­tron­ic sig­na­tures in real es­tate doc­u­ments in Ro­mania
1. Which doc­u­ments can use an elec­tron­ic sig­na­ture and take leg­al ef­fect? Gen­er­ally, doc­u­ments that do not re­quire not­ar­iz­a­tion and/or re­gis­tra­tion with the Ro­mani­an Land Re­gistry can be signed elec­tron­ic­ally...
CMS ad­vises Er­ste Group Bank AG on €100m Flore­asca Park ac­quis­i­tion fin­an­cing
In­ter­na­tion­al law firm CMS has ad­vised Er­ste Group Bank AG on the fin­an­cing of the ac­quis­i­tion of the Flore­asca Park Of­fice Pro­ject by a joint ven­ture between Res­ol­u­tion Prop­erty, a UK-based mem­ber of...
Ro­mania in­tro­duces re­stric­tions on sale and pur­chase of ag­ri­cul­tur­al land
On 14 Au­gust, Ro­mani­an law­makers passed an amend­ment to Law 17/2014 on the sale and pur­chase of ag­ri­cul­tur­al land, im­pos­ing sig­ni­fic­ant re­stric­tions on the sale and pur­chase of ex­tra mur­os ag­ri­cul­tur­al...
Build­ing law and reg­u­la­tion in Ro­mania dur­ing Cov­id-19
1. Is there con­struc­tion-rel­ev­ant COV­ID-19 reg­u­la­tion? A state of emer­gency was de­clared in Ro­mania by Pres­id­en­tial De­cree on 16 March, for one month. Ac­cord­ing to the Pres­id­ent’s de­clar­a­tion of 6...
Sign­ing with e-sig­na­ture in CEE
Di­git­al­isa­tion af­fects all as­pects of a busi­ness’s op­er­a­tions, in­clud­ing con­tracts, in­tern­al doc­u­ment­a­tion and em­ploy­ment re­la­tion­ships. The COV­ID-19 pan­dem­ic has cre­ated the need for con­tact­less and...
Law and reg­u­la­tion of rent­al agree­ments in Ro­mania dur­ing Cov­id-19
Up­dated on 27.03.2020 1. Is a less­ee eli­gible for rent re­duc­tion due to a sig­ni­fic­ant de­cline in foot­fall and con­sequently its turnover as a res­ult of COV­ID-19? As long as the space re­mains avail­able...
COV­ID-19 and Ro­mani­an lease agree­ments
Ro­mani­an meas­ures in re­sponse to the COV­ID-19 pan­dem­ic tem­por­ar­ily sus­pen­ded activ­ity in all shop­ping centres (not only malls) ex­cept for the sale of gro­cer­ies, clean­ing sup­plies and ser­vices, phar­ma­ceut­ic­al...
Stu­dent Ac­com­mod­a­tion in CEE: the next big thing?
Wel­come to the third an­nu­al Real Es­tate Com­pass re­port on the CEE re­gion, which this year is themed on stu­dent hous­ing. As the CEE eco­nom­ies and com­mer­cial real es­tate mar­kets grow in size, they also...
Glob­al Plan­ning/ Zon­ing/ Con­sent­ing Group
Plan­ning shapes every as­pect of our lives. The build­ings and en­vir­on­ments in which we live, work, shop, play and edu­cate the next gen­er­a­tion are all shaped by the plan­ning sys­tem. The con­struc­tion and...