Taylor Wessing has advised Trei Real Estate – a real estate venture of the German Tengelmann Group – on the EUR 250 million sale of its Czech and Slovak real estate portfolio to Plan B Investments. Dentons and, reportedly, Havel & Partners advised Plan B Investments.

Skrastins & Dzenis has advised Darta on its acquisition of a real estate property in Riga from Gulf RE and Grandlion RE.

Clifford Chance has advised G City Europe – formerly Atrium European Real Estate – on its disposal of the Atrium Palac Pardubice shopping center.

The political landscape in Montenegro is dominated by the upcoming elections and the formation of a new government – sometimes leading to populist measures that may negatively affect certain industries – yet sectors like energy, tourism, and IT keep experiencing growth, according to BDK Advokati Senior Partner Luka Popovic.

Cobalt has advised the Baltic Horizon Fund on its agreement with ECRE IV (Lux) for the full sale of BH Duetto – the owner of the Duetto I and II office buildings in Vilnius, Lithuania.

A new Law on supplementing and amending of (i) Law no. 350/2001 on spatial planning and urbanism and (ii) Law no. 50/1991 on the authorization of the execution of construction works has been adopted by the Romanian Parliament on 11 May 2023 (law draft PL-x nr. 110/2023). To enter into force, the law is yet to be promulgated by the President and subsequently published in the Official Gazette.