The Severin Shopping Center has a surface of approximately 16,000 square meters.
“This is the fourth deal we have assisted where Bel Rom has sold projects developed in Romania,” said law firm managing associate Carmen Dutescu.
The activity transfer is slated for completion end-September.
Voicu & Filipescu previously assisted Bel Rom in the sale of shopping centers it developed in Sibiu, Targu Mures, and Braila, the latter of which was also bought by NEPI.
The South-African investment fund said in April it planned to buy and develop the Severin Shopping Center, for which it had submitted a non-binding bid.
NEPI is one of the most active investors in Romanian real estate and has assets of over EUR600 million.