NKO Partners has advised CTP on yet another acquisition of land in Novi Sad, this time from the City of Novi Sad itself.

Sustainability is no longer the responsibility of legal, public affairs, and corporate governance departments, but has become a top management priority and a central element of business strategy. One hundred years ago, Henry Ford said that the two most important assets of society – reputation and people – do not appear on the balance sheet of a company. Today, ESG standards come to measure precisely these two intangible assets.

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.

Lithuania's SPC Legal and Wint have joined forces to form a new law firm: Noor.

Due to the rapidly growing real estate sector, the lawmaker specifically regulates contractual relationships between the parties in order to prevent any loss of right of any one of the parties. Along with the typical real estate sales agreements, preliminary sales agreements are also needed by the sellers and buyers due to many reasons (such as planning a budget for construction, speeding up the period of the construction etc.).

Greenberg Traurig has advised the Polsat Plus Group on the joint venture agreement between its affiliates and HB Reavis and the EUR 24.3 million sale of 50% stakes in Port Praski City II and Port Praski Medical Center to HB Reavis. Clifford Chance advised HB Reavis.