Wolf Theiss has advised DSK Bank and OTP Bank on the EUR 88 million real estate financing of Bravo Sky. Lex Locus reportedly advised the borrowers.
C&G Advises Focus Estate Fund on Acquisition of Three Shopping Centers in Silesia
Czabaaski & Galuszynski has advised Focus Estate Fund on the acquisition of three shopping centers in Poland’s Silesia region, including Sosnowiec Plaza, Ruda Slaska Plaza, and Rybnik Plaza, as well as on financing from BNP Paribas.
Dentons Advises Segro on Acquisition of Logistics Park in Sazava
Dentons has advised Segro European Logistics Partnership on its acquisition of a fully-leased logistics park located in Sazava, near Prague, from UDI Group.
Kinstellar and Cerha Hempel Advise on BYD's Acquisition of IP West Office Building
Kinstellar has advised BYD on its acquisition of the IP West office building in Budapest from CA Immo. Cerha Hempel advised CA Immo.
AKL Advises Alpha Bank on Financing of Stoa Arsakeio Revitalization Project
AKL Law Firm has advised Alpha Bank on the financing for Legendary Food for the Stoa Arsakeio redevelopment project in central Athens. KBVL reportedly advised Legendary Food.
The Issue of Purchasing Loan-Encumbered Real Estates Will Be Solved
The new Real Estate Registration Act that came into effect in January restructured the system for registering properties purchased in installments or subject to conditions, and introduced the so-called buyer's right. However, since January, there has been considerable debate regarding whether the buyer's right can be registered on properties involved in bank financing (and therefore under alienation and encumbrance prohibition). A recently enacted amendment to the law, however, resolves this issue.
Reals Advises Upvest on Mezzanine Financing for Goodwill Shopping Center Portfolio
Reals has advised Upvest on the first phase of mezzanine financing for the Goodwill shopping center portfolio, beginning with OC Kastanova, in the Czech Republic.