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DLA Piper and Cieslak Law Firm Advise on Hochtief's Residential Buildings PPP in Zory

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DLA Piper has advised Hochtief Group’s special purpose vehicle Private Partner on the public-private partnership for the design, construction, financing, and maintenance of multi-family residential buildings in Zory. Cieslak Law Firm advised the Municipality of Zory.

According to DLA Piper, the value of the contract is PLN 405 million and will be implemented over the next 24 years. “The project in Zory is a pilot project in which, for the first time, a model involving financial support from the BGK Subsidy Fund was used in the PPP formula.”

The DLA Piper team included Partner Adriana Mierzwa-Bronikowska, Senior Associates Piotr Galazka and Slawomir Mikolajuk, and Junior Associate Szymon Piotrowski.

The Cieslak Law Firm team included Attorneys at Law Rafal Cieslak and Przemyslaw Kocielski.