Allen & Overy has advised manager Wood & Company Financial Services on the establishment of a ten-year secured bond program for City Home Finance III with a value of up to CZK 1 billion and on the first bond issuance with a total expected nominal value of up to CZK 400 million.
The Cap on Rental Increase Rates for Residential Leases Has Been Extended Until July 2024
With the provisional article added to the Turkish Code of Obligations No. 6098 ("TCO") by the Law No. 7409 on the “Amendment of the Attorneyship Law and the Turkish Code of Obligations”, which entered into force after being published in the Official Gazette dated June 11, 2022 and numbered 31863, it was regulated that the cap for rent increase rate to be applied to the rent for the lease periods to be renewed between June 11, 2022 and July 1, 2023 shall be 25%, limited only to residential leases.
DLA Piper Advises on S Immo EUR 75 Million Green Bond Issuance
DLA Piper has advised Erste Group Bank on S Immo’s EUR 75 million green bond issuance under its EUR 300 million issuance program. Cerha Hempel reportedly advised S Immo.
E-Registries and New Certifications in Hungary: A Buzz Interview with Orsolya Kovacs of Nagy es Trocsany
Hungary has adopted new laws covering various areas, prioritizing electronic registration processes and the construction industry, while also making significant advancements in the energy field, according to Nagy es Trocsanyi Partner Orsolya Kovacs.
PNSA Advises Banque Banorient France Romania Branch on Real Estate Financing
Popovici, Nitu, Stoica & Asociatii has advised Banque Banorient France Romania Branch on a EUR 22 million financing granted to an undisclosed real estate developer.
Lalicic & Boskoski Advises Mr. Bricolage on New Lease from Tinex in Skopje
The Lalicic & Boskoski Law Office has advised Mr. Bricolage on relocating its business premises in Skopje across the street from its former location through a lease agreement with landlord Tinex.
Michal Wons To Head Wardynski & Partners Team in Charge of M&A
On July 5, 2023, Wardynski & Partners announced it had appointed Partner Michal Wons to coordinate the work of the firm's M&A team and develop the practice alongside Partners Konrad Grotowski, Kinga Ziemnicka, Jakub Lerner, Adam Pawlisz, and Lukasz Sliwinski.