NNDKP advised Gránit Asset Management on the acquisition of Equilibrium 2 office building

Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Magyar Posta Takarék Real Estate Investment Fund (MPTIA), a public fund managed by Gránit Asset Management, with the acquisition of Equilibrium 2 office building in Bucharest from Skanska. With this latest acquisition, Gránit Asset Management now owns the Equilibrium office complex in its entirety, following the successful acquisition of the Equilibrium 1 building last year, also with legal assistance from NNDKP. 

Completed in late 2022, Equilibrium 2 provides roughly 20,000 square meters of premium leasable office space across 11 floors. The building holds multiple best-in-class certifications, including LEED Platinum, Access4You Silver, WiredScore Platinum, standing out for its commitment to sustainability, inclusivity and digital connectivity.

Through this new transaction, Gránit Asset Management continues to expand its international portfolio, further strengthening its presence in Central and Eastern Europe. 

Partner Lavinia Ioniță Rasmussen, Real Estate practice, coordinated the legal team advising on the transaction. She was supported by Associate Bianca Isache from the Real Estate practice, while Partner Vlad Tănase, from the same practice, has overseen the leasing aspects related to the transaction.

“We are happy to have had the opportunity to assist once again Gránit Asset Management with a significant acquisition in the Romanian real estate market, a move that secures their full ownership of the Equilibrium office complex. This transaction reflects their commitment to pursuing high-standard investments and developing a robust portfolio of premium-quality office buildings. We truly value the trust and confidence shown in our team and look forward to our continued partnership”, declared Lavinia Ioniță Rasmussen, Partner.

NNDKP’s real estate team consistently advises major players in the market on some of the largest and most complex deals across asset classes, having contributed to the evolution of the real estate sector in Romania. With a strong portfolio of successfully closed transactions, the team is recognized as one of the leaders in the market and an advisor of choice for high-calibre clients. 

With more than 35 years of experience in the market, NNDKP lawyers provide integrated and specialised assistance in all areas of law involved in transactions and regulatory projects, helping to identify bespoke solutions and strategies for each client.