CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
RTPR has advised Vectr Holdings on the indirect acquisition of the company that owns The Landmark office building in Bucharest from funds managed by Revetas Capital and affiliates of Cerberus Capital Management. Wolf Theiss advised Revetas Capital and Cerberus.
E+H has promoted Arndt Blaschka to Partner.
Dentons has advised CPI Property Group and its subsidiaries CPI FIM SA and Czech Property Investments on a partnership agreement to sell a 49% common equity stake in CPI Project Invest and Finance to funds managed by Sona Asset Management for EUR 250 million. A&O Shearman and, reportedly, Milbank advised Sona Asset Management. DLA Piper reportedly advised Aareal Bank on the deal.
Karanovic & Partners has advised BIG CEE on its acquisition of Promenada Novi Sad from NE Property. LEF Attorneys advised NE Property.
Taylor Wessing has advised PKO Bank Polski on the financing provided to Panattoni for the development of Panattoni Park Zgierz. Deloitte Legal reportedly advised Panattoni.
Former Rowan Legal Of Counsel Lucie Smrkovska has joined CTP as its new Group Director of Legal Leasing in the Czech Republic.
On 12 April 2024, the Council of the European Union adopted the revised text of Directive 2010/31/EU on the energy performance of buildings (the “Revised Directive”). The Revised Directive was published in the Official Journal of the European Union on 8 May 2024 and Member States will have to transpose it into national legislation within 2 years of its entry into force (i.e. 28 May 2024).
