Act BSWW has advised the Management Boards of the Buma Group companies on the sale of its real estate assets to Reino RF CEE Real Estate, a joint venture established by Reino Capital and RF CorVal International Holdings Limited. Clifford Chance, Domanski Zakrzewski Palinka, and Oles & Rodzeynkiewicz advised the sellers on the deal, while Greenberg Traurig advised the buyers.
The total value of the assets sold by Buma, which include office and residential buildings, land intended for residential and office development, and ongoing construction projects, runs in excess of PLN 1.3 billion.
The assets will go to Reino RF CEE Real Estate, The final agreements are to be executed by the end of June this year. The total value of the assets sold by Buma runs in excess of PLN 1.3 billion.
The Act BSWW team was led by Managing Partner Michał Wielhorski and included Partner Michal Soltyszewski and Senior Associate Mateusz Prokopiuk, among others.
Clifford Chance's team included Senior Associate Joanna Satkiewicz and Counsels Bartosz Kaniasty and Tomasz Derda.