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Dentons has advised the Board of Directors of Purcari Wineries on the RON 604 million public takeover bid launched by Maspex Romania. Schoenherr advised the founders of the winery. CMS, working with Turcan Cazac and Georgiades & Pelides, advised Maspex. Norton Rose Fulbright advised PKO Bank Polski on a loan facility to Maspex Romania to support the acquisition.

With signs of recovery evident across multiple real estate segments, Poland's property market appears to be on a positive trajectory, according to A&O Shearman Partner Michal Matera, who highlights recent deal trends, legislative developments, and the long-awaited introduction of a domestic REIT-style investment framework.

White & Case has advised Montagu on its acquisition of IAI Group from MCI Capital ASI and founders Pawel Fornalski and Sebastian Mulinski. Dubinski Jelenski Masiarz reportedly advised the sellers.

SKJB Szybkowski Kuzma Jelen Brzoza-Ostrowska has advised Polish industrial real estate developer 7R on the sale of 7R BTS Bielsko-Biala West I, a 20,000-square-meter warehouse fully leased to Aluprof, to Accolade through a joint venture with Conseq. Norton Rose Fulbright advised Accolade.

Dentons has advised mBank on a PLN 130.5 million (approximately EUR 30.7 million) financing package, including an investment loan, granted to BXF Energia for the development of the Azalia photovoltaic farm, with a planned capacity of up to 60 megawatts, located near Rzeszow, Poland. DZP advised BXF Energia.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Schoenherr has advised HPI GMA, operating under the Trasti brand, on a EUR 21 million equity investment from the European Bank for Reconstruction and Development and Zavarovalnica Triglav. Dentons advised EBRD and Triglav. DLA Piper reportedly also advised Triglav.

CMS has advised Central European Petroleum on the development of the Wolin East project, following CEP’s announcement of a discovery of oil and gas reserves in the Wolin East 1 well, located on Polish territory in the Baltic Sea.