CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The new construction legislation approved in 2022, which aims, among other things, to speed up permitting processes, was to enter into force as a whole on 1 April 2024. This legislation divided the "old" Construction Act into two parts: spatial planning and construction.
Kocian Solc Balastik has advised J&T Bank on the financing aspects of a joint venture between the CPI Property Group and Best Hotel Properties, which purchased a 50% stake in a EUR 347 million portfolio of eight hotel properties.
Kyriakides Georgopoulos has advised Starvert Energy on land rights issues, development services agreements, and corporate matters for the development of its Greek portfolio of photovoltaic and battery storage projects with a total capacity of 900 megawatts.
Asters has successfully defended PrivatBank in a dispute over the title to Pryozernyi, a shopping mall in Dnipro with a total area of more than 32,000 square meters.
Gide has advised Redkom Development on the forward sale of a retail park in Bielsko-Biala to Newgate Investment. CMS advised Newgate Investment. Dabrowski & Partners reportedly advised Redkom Development as well.
PGC Partners has advised the Premier Group on the building acquisition and, following its restoration, the launch of the Tudor Arghezi House and Premier Business Center, a boutique hotel and office building in Bucharest.
The recent modifications to Law 17/2014 regarding on the regulation of sale of extramuros agricultural land („Law 17”) came into force through the modifications brought by Law 116/2024, adopted on 29 April 2024 and published a day later.
