14 Nov 2025

Kinstellar Advises Max Aicher Group on Sale of 23-Hectare CUG Site in Cluj-Napoca

"Kinstellar advised the Max Aicher Group on the sale of approximately 23 hectares within the former Combinatul de Utilaj Greu industrial estate in Cluj-Napoca to local developer Hexagon Group. Popovici, Nitu, Stoica si Asociatii reportedly advised Hexagon. Hexagon plans to redevelop the site into a modern mixed-use project."

Kinstellar advised the Max Aicher Group, while Popovici, Nitu, Stoica si Asociatii reportedly advised Hexagon Group. The transaction involved the sale of a property within the former Combinatul de Utilaj Greu industrial estate in Cluj-Napoca, Romania. According to Kinstellar, the asset comprises approximately 23 hectares of industrial land held through a special purpose vehicle of the Max Aicher Group and has been acquired by local developer Hexagon Group. Hexagon Group plans to redevelop the site into a modern mixed-use project. Kinstellar represented Max Aicher Group with a team composed by: Partner Rusandra Sandu, Managing Associates Iunia Nagy and Andrei Balus, and Associate Malina Andries.
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