Leasing & asset management · Bucharest, Romania
Commercial leases. Protect how the asset works.
A lease is an operating agreement as well as a source of income. Its terms influence how a property is occupied, managed, adapted and eventually sold. FIRST PRINCIPLE advises on commercial leasing and asset-management questions in the Romanian real estate market.
Discuss the scope and feeLook beyond the headline rent
The commercial value of a lease also depends on the allocation of costs, fit-out and delivery arrangements, permitted use, security and flexibility over time. We support the review and negotiation of commercial leases by connecting the legal terms with the asset strategy and the intended occupation.
Make the agreement work over its lifetime
Leasing questions continue after signature. Operating arrangements, changes to occupation and complex owner-occupier issues require an understanding of the existing documents and the business objective. We focus on the choices available and their consequences for continuity, income, cost and control.
Connect leasing with the wider asset
A lease may sit within a development project, an acquisition, a financing or a portfolio exercise. Those connections can change which issues deserve priority. We bring the occupational position into the wider property analysis, so that negotiations and decisions reflect the purpose of the asset rather than treating the lease in isolation.
Before the first conversation
Start with the property type and location, your role, whether the lease is proposed or already in place, and the commercial outcome you want. Tell us the negotiation stage and any deadline. For a portfolio matter, an indication of the number of assets and the common issue will help us frame the initial scope.
Clear scope. Clear price.
Where the work can be scoped, we prefer a fixed fee agreed in advance. Larger or evolving matters can be divided into stages; hourly billing remains available where uncertainty makes that more appropriate.
How we price legal workFirst Principle / Bucharest
Bring us the decision.
Tell us what you are working on and when you need an answer.