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MFW Fialek Advises Develia on Joint Venture with The Heart

MFW Fialek Advises Develia on Joint Venture with The Heart

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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.

Develia is a Polish development group listed on the Warsaw Stock Exchange. The group carries out commercial and residential projects in Warsaw, Wroclaw, Krakow, Katowice, Gdansk, and Lodz.

According to MFW Fialek, “as part of the agreement, the parties will incorporate a company whose main product will be a flat rental management platform targeted at institutional and individual investors. The Heart is a technological partner responsible for the creation and operation of the platform.”

Last year, MFW Fialek advised Develia on a PLN 125 million joint venture with Grupo Lar (as reported by CEE Legal Matters on October 28, 2021).

MFW Fialek’s team included Partner Miroslaw Fialek, Counsel Rafal Siemieniec, and Associate Mateusz Wieckowski.

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