Real Estate

Baltic Transaction Market Trends: The First Half of 2022 - Estonia

The resilience of the transactions market and the trust of investors in the Baltic region has proved remarkable, although figures show a 15% decrease in global mid-market M&A deals (according to the Refinitiv published M&A Review of the first half of 2022). Despite the Ukraine war and mounting global challenges the deal flow, although at a much calmer pace, continues and remains promising for the second half of the year. Looking back on the first six months, COBALT experts highlight the main trends in each of the Baltic countries.

Ksenija Golubovic Filipovic Leaves Zivkovic Samardzic To Set Up Own Firm

Former Partner and Co-Head of the Real Estate and Construction practice Ksenija Golubovic Filipovic has left Zivkovic Samardzic, as of August 1, 2022, to establish her own practice. She will continue to cooperate with the firm as a Consultant. Partner Uros Djordjevic will continue to lead the firm’s Real Estate and Construction practice.

NKO Advises CTP on Fourth Acquisition of Land in Novi Sad

NKO Partners has advised CTP on yet another acquisition of land in Novi Sad, this time from the City of Novi Sad itself.

Romania: A Bird’s Eye View on ESG – Is the Real Estate Sector ESG-Ready?

Sustainability is no longer the responsibility of legal, public affairs, and corporate governance departments, but has become a top management priority and a central element of business strategy. One hundred years ago, Henry Ford said that the two most important assets of society – reputation and people – do not appear on the balance sheet of a company. Today, ESG standards come to measure precisely these two intangible assets.

MFW Fialek Advises Develia on Joint Venture with The Heart

MFW Fialek has advised Develia on forming a joint venture with corporate venture-builder company The Heart to develop a flat rental management platform. Solo practitioner Jakub Koziol advised The Heart.

SPC Legal and Wint Join Forces Forming Noor

Lithuania's SPC Legal and Wint have joined forces to form a new law firm: Noor.

Two Types of Agreements for Real Estate Presales: Real Estate Presale Agreement and the Prepaid Residence Sales Agreement

Due to the rapidly growing real estate sector, the lawmaker specifically regulates contractual relationships between the parties in order to prevent any loss of right of any one of the parties. Along with the typical real estate sales agreements, preliminary sales agreements are also needed by the sellers and buyers due to many reasons (such as planning a budget for construction, speeding up the period of the construction etc.).