REITs (Real Estate Investment Trusts), the investment structure focused on real estate assets and related revenues generated by them has been implemented and used around the world due to the advantages brought to its investors.
CJEU Restricts Access to Public Contracts for Contractors from Third Countries
On October 22nd, the Court of Justice of the European Union (“CJEU”) issued a precedent-setting ruling in the Kolin Inşaat Turizm Sanayi ve Ticaret case (C-652/22 – the “Kolin case”). This is of crucial importance to contractors engaging or aiming to engage in the public procurement market of the European Union (“EU”), who originate from countries outside of the EU that are not party to international agreements with the EU which would formally admit such contractors to public tenders in the EU.
KWKR Successful for Van der Vorm Vastgoed Before Supreme Administrative Court of Poland
KWKR has successfully represented Van der Vorm Vastgoed before the Supreme Administrative Court of Poland regarding inconsistent tax rates.
SKJB and A&O Shearman Advise on Panattoni and Marvipol's Sale of Core Logistics Complex in Warsaw
SKJB Szybkowski Kuzma Jelen Brzoza-Ostrowska has advised a joint venture of Marvipol Development and Panattoni on the sale of a logistics complex in Warsaw. A&O Shearman advised the purchasers.
Schoenherr and Eversheds Sutherland Advise on Sunrise Real Estate and Ares Management's EUR 1.5 Billion European Logistics Portfolio Refinancing
Schoenherr has advised Sunrise Real Estate and Ares Management on a refinancing deal with Blackstone and Apollo Global Management for a European logistics portfolio valued at approximately EUR 1.5 billion. Eversheds Sutherland advised the lenders. A&O Shearman reportedly advised Sunrise Real Estate and Ares Management as well.
Gide Advises Redkom Development on Sale of Ozimska Park Opole to Newgate Investment
Gide has advised Redkom Development on its sale of Ozimska Park Opole to Newgate Investment.
DGKV Advises American University in Bulgaria on Campus Development Project
Djingov, Gouginski, Kyutchukov & Velichkov has advised the American University in Bulgaria on a campus development project aimed at "improving the student experience."