Act BSWW has advised Strabag Real Estate on its acquisition of the Galeria Plaza building from Peakside Group company CP-Plaza. Dentons advised the seller.

Linklaters has advised CBRE Investment Management, on the acquisition of the D building of the 7R Park Beskid I logistics center from 7R. Kancelaria Kurek, Wojcik i Partnerzy reportedly advised 7R.

Clifford Chance has advised R.Power on a power purchase agreement for a 300-megawatt solar plant portfolio in Poland with Axpo Polska. Wolf Theiss advised Axpo.

Dentons has advised Banco Santander, Santander Bank Polska, the EIB, CaixaBank, and Denmark´s EKF Export Credit Agency on a PLN 674 million financing to EDP Renewables subsidiaries. Allen & Overy reportedly advised EDPR.

Rymarz Zdort has advised Alseva Group’s seller Anna Zagrajek on the sale of shares in the group to Sunly and the subsequent acquisition of a shareholding in Sunly. Soltysinski Kawecki Szlezak advised Sunly on the deal.

B2RLaw has advised SaaS Labs on its acquisition of CallPage. Kondracki Celej advised the shareholders of CallPage.

Crido has advised Akredo on its acquisition of the Loando Group from Tymon Zastrzezynski and Maciej Suwik. LSW Lesnodorski Slusarek & Partners advised the sellers on the deal.

B2RLaw has advised South Africa-based Fortress REIT on its agreement with Polish industrial developer MDC2 for the development of the MDC2 Park Lodz South warehouse project, including the acquisition of land for the project. Allen & Overy reportedly advised MDC2.

CMS has advised the MOL Group on its acquisition of Lotos Paliwa with assets including 417 petrol stations in Poland. Rymarz Zdort advised the Lotos Group on the sale.

Blazej Czwarnok has been promoted to Partner at Gide’s Warsaw office. He heads the local Real Estate practice. 

Greenberg Traurig has advised global coordinator Dom Maklerski Banku Handlowego on the PLN 138 million sale of 6% of Ten Square Games' shares, through an accelerated book-building process.

CMS has advised the MOL Group on its sale of 185 service stations located in Hungary and Slovakia to PKN Orlen for a total of USD 259 million. Baker McKenzie advised PKN Orlen.

REITs first appeared in the US in the 1960s, and the American REIT market has enjoyed considerable growth over the last quarter of a century. From there, REITs have spread to most developed economies, including many EU member states, and can presently be found in approximately 40 countries. In the US, the total return on investment in REITs making up the FTSE Nareit All Equity REITs Index reached 1,225% over the last 25 years, which translates into an average annual return of 10.9%. This, coupled with the good performance of REITs in other countries, contributes to an increased interest in this type of legal structure in jurisdictions where such solutions have yet to be introduced.

On October 18, 2021, CEE Legal Matters reported that Katarzyna Sulimierska had joined Schoenherr as Head of Real Estate in Warsaw. We spoke with Sulimierska to learn more about her and her practice.

CEE Legal Matters spoke with CMS Partner and Head of Environmental Law Practice in Poland and CEE Agnieszka Skorupinska and CMS Turkey Managing Partner Done Yalcin about the impacts of the EU Green Deal and the rise of ESG in Europe and beyond.

B2RLaw has advised the Focus Estate Fund on the acquisition of Turawa Park shopping center from Abrdn. Dentons advised BNP Paribas Bank Polska on Focus Estate Fund's financing in relation to the acquisition. CMS reportedly advised the seller.

CMS has advised Hungarian company Rossi Biofuel on its acquisition of Lotos Biopaliwa. Rymarz Zdort advised Grupa Lotos on the sale.

Allen & Overy has advised Cordiant Digital Infrastructure Limited on its acquisition of Emitel S.A. from Alinda Capital Partners.