The Deloitte Romania multidisciplinary team, comprising financial and tax experts, provided comprehensive sell-side advisory throughout the entire transaction process. Their services included strategy development in collaboration with the client, preparation of transaction-specific documents, negotiation with involved parties, support in final negotiations, and specialized tax advisory. The project team consisted of Radu Dumitrescu, Partner-in-Charge, Vlad Balan, Director, Ionuț Vasilescu, Deputy Director, and Iulia Georgescu, Senior Associate, from the Advisory practice, as well as Daniel Grigore, Director, and Gabriel Patru, Manager, from the Tax practice.
“Our cross-function team of experts supported Eurobank Group in implementing their strategy, which implies divesting from this subsidiary which had been set up with the purpose to manage and sell Eurobank’s real estate assets located in Romania. At the moment of the sale, IMO Property Investments Bucharest owned over 150 assets in Romania. We are grateful for the trust our client has put in us to obtain the most beneficial outcome for them from this project,” said Radu Dumitrescu, Advisory Partner-in-Charge, Deloitte Romania.
Founded in 2007, IMO Property Investments Bucharest reported net assets of nearly RON 134 million as of December 31, 2023.
APS Group, established in 2004, holds a leading position in Central and South-Eastern European markets. The company specializes in alternative asset management, real estate investments, and debt recovery. Currently managing over 100 non-performing loan portfolios with a total nominal value exceeding EUR 11 billion, APS has been active in Romania since 2007 and operates in nine other countries.
