The real estate market in Lithuania is in flux, facing significant challenges and, at the same time, providing numerous opportunities to explore, according to Fort Legal Partner Ruta Radzeviciute-Meizeraite.
MFW Fialek and DLA Piper Advise on Sale of Renters.pl
MFW Fialek has advised the Renters.pl shareholders on their sale of a majority stake in the company to the Enterprise Investors-managed Polish Enterprise Fund VIII. DLA Piper advised the buyer.
Did You Know: Austrian Real Estate Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, only seven lawyers have worked on more than one reported Austrian real estate deal over the past 12 months?
50 Shades of Governmental Interference in Hungary: A Buzz Interview with Zoltan Faludi of Wolf Theiss
The Hungarian government is actively shaping the market and there are both positive and negative effects on many levels, according to Wolf Theiss Managing Partner Zoltan Faludi.
Balancing Estonia's Potentialities: A Buzz Interview with Jaanus Magi of Magnusson
Finding its balance after a general election, Estonia is looking at a year of potential IT sector labor force shake-ups, a likely uptick of reorganization and bankruptcy procedures, as well as a potential real estate sector slowdown, according to Magnusson Estonia Managing Partner Jaanus Magi.
New Draft of the Law On Amendments to the Law on Spatial Planning and Construction
After the publication of the draft of the Law on Amendments to the Law on Spatial Planning and Construction, a series of public hearings on the proposed draft law was held in February 2023, and now we are waiting for the final wording of the proposal of the amendments and the lawmaker’s response to the of proposals and objections raised during the public hearings.
The draft envisages numerous amendments to the law, the most striking of which is the amendment related to the conversion of the right of use on construction land into the right of ownership (conversion).
Clifford Chance and NNDKP Advise on Exigent Property Development EUR 57.8 Million Financing from OTP Group
Clifford Chance has advised Exigent Property Investment on its EUR 57.8 million financing agreement with OTP Bank Romania and OTP Plc. Nestor Nestor Diculescu Kingston Petersen advised OTP Bank.