Wolf Theiss has advised joint lead managers and bookrunners Raiffeisen Bank International and M.M.Warburg & Co on the exchange offer of bonds issued by UBM Development in 2019 and 2021 and on the subsequent cash subscription offer of the EUR 93 million 7% green bond 2024-2029. DLA Piper advised UBM Development.

Triniti has advised Mainor Ulemiste on its acquisition of the Technopolis Ulemiste campus in Tallinn, Estonia.

Schoenherr has promoted Vienna-based Stefanie Aichhorn-Woess, Alfred Amann, Johannes Frank, Ayla Ilicali, Christoph Jirak, Sara Khalil, Sebastian Lukic, Johannes Stalzer, and Stefanie Stegbauer, Zagreb-based Kresimira Kruslin, Warsaw-based Daniel Radwanski, and Bucharest-based Nora Olah to Partner (already announced in August this year).

Unauthorized constructions have been a prominent issue in Greek reality for decades, leading to repeated legislative attempts to address it. Currently applicable legislation (law 4495/2017) provides for legalization of such unauthorized constructions, as well as arbitrary changes of use, subject to conditions and further to submission of statements, payment of fines, etc.

Papapolitis & Papapolitis has advised Intrakat on the acquisition of a EUR 600 million real estate portfolio from Prodea Investments.

Several provisions of the new Act on Hungarian Architecture ("Architecture Act") entered into force on 1 October 2024, as a result of which the previous Building Act was repealed. The Architecture Act has taken over and supplemented many of the provisions of the previous Building Act, however, also contains a number of new rules.