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5G technology is the next stage in the development of wireless telecommunications networks. Thanks to much quicker data transmission speeds and fewer delays, this technology will make it possible to offer new quality services both for public uses such as smart energy grids, transport systems, and smart cities, and for private uses such as autonomous and automated vehicles and smart homes. Also, given the greater number of devices operated by one network unit, 5G will provide for better configuration options, making it possible to offer different services to a large number of users within one infrastructure. This distinguishes 5G technology from the technologies available today, where the activity of one user has an impact on other users and reduces data transmission speed.

CMS has advised REInvest Asset Management, a Luxembourg-based asset and fund manager, on the sale of the Renaissance Plaza office building in Warsaw to Adventum International, a Malta-based boutique investment fund manager. Act BSWW advised Adventum International on the transaction.

Gessel has advised OEX S.A. on the PLN 65 million sale of ArchiDoc S.A. to Offsite Archive Storage & Integrated Services OASIS, an Irish entity held by the Montagu private equity fund. CMS advised OASIS on the transaction.

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