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Transaction News Transaction News

Wolf Theiss advises Erste Group and BCR on EUR 21 million financing of Day Tower office building in Bucharest

Bucharest, 28 May 2025 – Wolf Theiss acted as legal adviser to Erste Group Bank AG and Banca Comercială Română S.A. in relation to the EUR 21 million facility granted to Danube Capital Partners S.A.

The Wolf Theiss team consisting of Partner Claudia Chiper and Senior Associate Iuliana Stoicescum, both Banking & Fiance, advised Erste Group AG and Banca Comercială Română S.A. on the structuring of the financing transaction, as well as on the drafting and negotiation of the finance documents and the successful closing of the deal.

“We valued the Wolf Theiss team’s legal support on this project. They managed the process with professionalism and thoroughness, their rapid response and availability was highly appreciated.”

Nikša Markovac, Head of Commercial Real Estate International, Erste Group Bank.

“We are pleased to have advised Erste Group Bank AG and Banca Comercială Română S.A. on this important refinancing transaction. It was an opportunity to contribute our legal expertise to support the project’s ongoing development and long-term success.”

Claudia Chiper, Partner, Wolf Theiss.

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