PwC Romania’s transaction specialist team assisted real estate investment fund Mitiska REIM in a deal that saw it sell 25 retail parks owned in Romania to LCP Group.

During this transaction, the PwC team provided financial and tax due diligence services to the suppliers.

“After a period with few transactions in the real estate sector compared to previous periods, we are pleased to witness one of the most important transactions of 2023 in this sector. We thank our client for the trust placed in us to help him in this process,” said Cornelia Bumbecea, M&A Partner, PwC Romania.

“After building 25 parks for important retailers present in Romania, Mitiska REIM is leaving the Romanian market, leaving room for another important real estate investor. We are happy to be part of this transaction and congratulate all colleagues on this success”, said Andrea Mitirice, tax partner of PwC in Romania.

The PwC team in Romania was formed by Cornelia Bumbeca, Partner, Andrea Mitirice, Partner, Andrea Bistricanu, Director, Cristina Fuioaga, Director, Laura Paraskiv, Senior Manager, Diana Vaduva, Senior Manager, Emilia Necula, Senior Manager, Andrea Puiu, Manager, Georgiana Gice , Manager, Vasile Popa, Senior Associate, Lavinia Sandu, Senior Associate, Romina Aleku, Senior Associate, Emran Redep, Senior Associate, Lacramioara Tigilici, Senior Associate, and Claudio Borsch, Associate.

About PwC Romania

PwC’s mission is to strengthen trust in society and help solve important problems. We are a network of companies represented in 151 countries with more than 364,000 professionals who offer quality services in the field of business consulting, auditing and tax consulting. Tell us what’s important to you and learn more about us by visiting www.pwc.ro.

PwC means the PwC network of firms and/or one of the member firms, each of which is a legal entity.

Article supported by PwC Romania