Partners Andrea Zubovic-Devedzic and Indir Osmic have been appointed the Co-Managing Partners of the CMS Sarajevo office as of April 1, 2023, taking over from Nedzida Salihovic-Whalen who will stay on as a Partner.
Cobalt Advises Pakrineeme Sadama on Sale of LNG Quay to Estonian State
Cobalt has advised Pakrineeme Sadama on selling its liquefied natural gas loading quay in Paldiski – together with the related infrastructure and port property – to the Estonian Stockpiling Agency for a total transaction value of EUR 31.5 million.
KSB Advises on Establishment of Flatform
Kocian Solc Balasitk has advised real estate rental start-up Flatform on its establishment and partnership agreements with insurance companies.
Greenberg Traurig and CMS Advise on Echo Investment Sale of My Place II in Warsaw to Trigea
Greenberg Traurig has advised Echo Investment on its EUR 45 million sale of the My Place II office complex in Warsaw to the Trigea Real Estate Fund. CMS advised the buyer.
A New Building Act Is Coming - Concept of the Act on Hungarian Architecture
At the beginning of March 2023, the Ministry of Construction and Transport published the concept of the Act on Hungarian Architecture for public consultation. The new act would include, as a clear code, the act on the chambers of the designer and expert engineers and architects, the Building Act, the acts the protection of the townscape and on the protection of cultural heritage with updated content.
CEE Attorneys Boanta Gidei si Asociatii Advises Aplast Wood Industry on Sale of Logistics Assets to Viva Toys
CEE Attorneys Boanta Gidei si Asociatii has advised CEE Special Situations Fund portfolio company Aplast Wood Industry on its sale of a land plot near Bucharest including 12,500 square meters of logistics assets to Viva Toys.
Bernitsas and Karatzas & Partners Advise on Sale of Tethys Hotel Sectoral Loan Portfolio
Bernitsas has advised coordinator Intrum Hellas on the secondary sale and transfer of the Tethys securitized loan receivables portfolio – originated by Piraeus Bank – to a consortium consisting of SMERemediumCap, Latonia Enterprises, and WHG Europe. Karatzas & Partners advised the buyers.