BAC Romania | Track Recordbullet

Ten years of presence in the region

case study


bulletCornerstone: A successful entry into the Romanian real estate market

Transaction cornerstones

  • Atisreal, the real estate division of BNP Paribas, engaged BAC Romania as its adviser to identify potential acquisition targets in order to enter the Romanian market
  • BAC filtered potential targets based on strategic fit, growth potential and management quality and identified Cornerstone, one of the largest independent real estate brokers on the Romanian market, as a potential acquisition target for Atisreal
  • Cornerstone had operated under the C.B. Richard Ellis license from 2002 to June 2007
  • BAC was responsible for structuring the transaction, negotiations and coordination of the due diligence process
  • After completing the transaction, Atisreal became one of the top five players in Romania, in its respective market segment