Real Estate Asset SA acquired 18.12% stake in Nord SA Bucuresti (RASDAQ:NORD) for RON 4.8 million from Societatea de Investitii Financiare Oltenia S.A. on August 5, 2015. Societatea de Investitii Financiare Oltenia sold at RON 7.5 offer per share. In related transaction Real Estate Asset also 6.5 million shares of Prodplast Imobiliare SA. Costin Taracila and Alina Stavaru of Allen & Overy acted as legal advisors to Real Estate Asset SA.

Real Estate Asset SA completed the acquisition of 18.12% stake in Nord SA Bucuresti (RASDAQ:NORD) for RON 4.8 million from Societatea de Investitii Financiare Oltenia S.A. on August 5, 2015.