CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Wolf Theiss, working with Arendt, has advised Studenac on securing a EUR 300 million loan facility from a consortium of banks led by Bank Pekao and including Powszechny Zaklad Ubezpieczen, OTP Banka, Zagrebacka Banka, and OTP Bank Plc Hungary. DTB and Clifford Chance advised the financial institutions.
Elementz Legal has advised Bubblify International on its acquisition of 22 OXO-brand shopping center retail locations in the Czech Republic, Slovakia, and Hungary.
Dentons has advised YIT Zwirn 2 – a joint venture between YIT Slovakia and RSJ Investments – on a syndicated loan exceeding EUR 100 million for the financing of Zwirn 2 real estate development in Bratislava. Allen Overy Sherman Sterling reportedly advised the banks.
Addleshaw Goddard has advised Niam on the sale of two buildings in the High5ive office complex in Krakow to Stena Real Estate. Dentons advised Stena Real Estate.
Greenberg Traurig has advised Wood & Company on the formation of a joint venture with Garbe Industrial Real Estate Poland for the development of the Garbe Park Gliwice logistics complex in Poland’s Silesian Province. DWF advised Garbe.
Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
Dentons has advised Develia on the final stage of the EUR 42.967 million (approximately PLN 182 million) sale of the Arkady Wroclawskie mixed-use complex in Wroclaw to Vastint Poland, a subsidiary of the international Vastint Group. Legal Kraft reportedly advised Vastint.
