Țuca Zbârcea & Asociații advised Amethyst Group on EUR 12 million sale & leaseback transaction with BT Property

Three buildings where Amethyst Radiotherapy’s Oncology Clinics operate have been acquired by BT Property, an alternative investment fund of Banca Transilvania.

BT Property Alternative Investment Fund has completed the acquisition of three buildings housing Amethyst Radiotherapy’s Oncology Clinics in Cluj (Florești), Timiș (Dumbrăvița) and Ilfov (Otopeni). The sale & leaseback transaction amounts to EUR 12 million and will allow Amethyst to continue the rapid development of its future clinics and hospitals in Romania.

A team of lawyers from Țuca Zbârcea & Asociații, specialising in Banking & Finance and Real Estate, covered the full range of legal services, including sale and lease agreements, transaction structuring and related payments. In addition, a team of tax advisors from Țuca Zbârcea & Asociații Tax covered tax and VAT matters.

Both teams were led by Gabriela Anton (Partner, Banking & Finance), Dragoș Apostol (Partner, Real Estate) and Cristian Velcu (Tax Partner).

"It has been very rewarding to act for Amethyst Radiotherapy in this transaction and to contribute to Amethyst Group's expansion in the medical services market in Romania and the region. We are grateful to the entire Amethyst team for their continued partnership over the past 10 years and we look forward to continuing to provide them with the legal advice they need to excel in this market", said Gabriela Anton, Partner at Țuca Zbârcea & Asociații.