The Ukrainian office of Wolf Theiss and the Estonian office of Sorainen have advised Rent24, an international co-working and co-living solutions company headquartered in Germany, on its entrance into the Ukrainian market in the form of a joint venture with Ukraine's Chasopys Group.
Wolf Theiss describes Rent24 as "one of the largest German providers of co-working spaces offering its tenants not only a flexible and efficient workplace but also opportunities for networking with like-minded people," and says that "Chasopys is one of the first Ukrainian companies that has stared this business and since its launch has significantly expanded its operations and opened several premises in Kyiv and Lviv."
Wolf Theiss acted as the transactional counsel for Rent24 assisting the parties with structuring the transaction, advising on the corporate, investment, finance, real estate, tax, intellectual property and shareholders matters, preparing transactional documents, and assisting with closing the transaction. The firm's Kyiv-based team was led by Partner Taras Dumych and included Senior Associate Oksana Volynets and Associates Olena Kravtsova and Mykhailo Razuvaiev.
Sorainen's Tallinn-based team consisted of Partner Piret Jesse and Associate Robin Teever, who provided advice on Estonian law.