The Ministry of Economic Development and Tourism adopted the Draft Law on Real Estate Brokerage. The adoption of this law is motivated primarily by the need to suppress the grey economy that is flourishing in the field of real estate brokerage. The second, equally important motive is the protection of participants and the prevention of abuses and fraud in real estate sales.
B2RLaw Advises White Star Real Estate on Sale of Companies to Renters.pl
B2RLaw has advised White Star Real Estate on its sale of a group of companies from the short-term lease market sector to Renters.pl. DLA Piper reportedly advised Renters on the deal.
Clifford Chance Advises Hillwood on Warehouse Parks Construction Financing
Clifford Chance has advised Hillwood on over EUR 89 million in financing from Bank Pekao for the construction of three warehouse parks in Poland. Reportedly, CMS advised Bank Pekao.
Havel & Partners Advises Ceska Sporitelna Seed Starter on Sale of Stake in Investown Technologies
Havel & Partners has advised Investown Technologies shareholder Ceska Sporitelna Seed Starter on the sale of a stake in the company to Finbus.
Ellex Advises Orkla on New Biscuit and Wafer Production Plant
Ellex has advised on Orkla’s opening of a new EUR 100 million biscuit and wafer production plant in Adazi, Latvia.
No Land Tax Can Be Levied From September 1, 2023
The amendment to the Local Taxes Act, which entered into force on 1 January 2015, allowed local governments to levy a municipal tax on any taxable subject within their jurisdiction that is not prohibited by law and is not subject to a statutory public tax.
SKJB Advises on 7R’s Sale of City Flex Gdansk II Logistics Park to GLP Europe
SKJB has advised on 7R’s sale of the City Flex Gdansk II logistics park to GLP Europe. Reportedly, White & Case advised GLP Europe.