act legal covers all major European business centres.
Warsaw | Amsterdam | Bratislava | Bucharest | Budapest | Frankfurt | Milan | Prague | Vienna
meet us at www.actlegal.com

x

News

act BSWW legal & tax advises on prestigious project in premium hospitality sector

act BSWW legal & tax has comprehensively advised on a complex investment process involving the luxury 5-star Baltic Wave hotel in Kołobrzeg.

The team consulted MA Investment sp. z o.o. on the acquisition of 100% shares in Baltic Wave sp. z o.o., the company conducting the investment process. In addition, the acquisition of Baltic Wave sp. z o.o. was combined with the issue of bonds to refinance the company’s existing debt. The new financing structure was adjusted to the current construction schedule and the hotel’s intended standard.

The law firm also advised on execution of the general contractor agreement with FB Antczak sp. z o.o., a company that has been acting as the general contractor since July.
The law firm’s team was made up of Piotr Smołuch, Managing Partner, Sebastian Sury (Partner), Edyta Krzepicka (Associate) and Arkadiusz Kocel (Associate).

We are pleased to have participated in this complex investment process. We have been involved in it from the very beginning, so it is even more satisfying to see it come to life. The Baltic Wave Hotel is definitely a unique project in the Polish hospitality market and one of the largest in the coastline at the moment,” emphasizes Piotr Smołuch, Managing Partner at act BSWW legal & tax.

The luxurious five-star Baltic Wave Hotel, which is emerging under the Crowne Plaza brand just 200 meters from the beach in Kołobrzeg’s health resort district, will ultimately comprise 468 apartments on 14 floors. The hotel will have an infinity edge swimming pool, a luxurious spa & wellness area, restaurants and cafés, as well as modern conference space for 500 people. The hotel will operate in the self-service system.

20.07.2021

Udostępnij

Related news

News

Get the RET right. The tax side of real estate | June 2022

Ministry of Finance suggests more changes to income taxes. Following prior announcements, the draft Act of June 27, 2022 Amending the Corporate Income Tax Act and Selected Other Acts has been published recently. It covers the following: - Postponement (until the end ...

News

Get the RET right – the tax side of real estate | April – May 2022

On May 12, 2022, the Minister of Health issued a regulation calling off the state of epidemic in Poland, effective as of May 16, 2022. As a result, the exemption from tax on income from buildings ceases to apply as of May 31, 2022 (pursuant to article 38ha of the CIT Ac...

News

Jacek Bieniak among the authors of the 8th edition of the commentary to the Commercial Companies Code

The 8th edition of the commentary to the Commercial Companies Code, published by Wydawnictwo C.H.Beck was released to Polish bookstores at the beginning of April. The new edition takes into account the latest amendments to the Code of Commercial Companies, including cha...

Marek Miszkiel nowym szefem praktyki

News

Marek Miszkiel promoted to head the Litigation and Arbitration practice

Huge congratulations to Marek Miszkiel on becoming the new Head of Litigation and Arbitration at act BSWW legal & tax! Marek joined act BSWW legal & tax legal & tax in 2014. He specializes in commercial disputes and bankruptcy and restructuring proceeding...

News

act BSWW legal & tax advises STRABAG Real Estate on sale of real estate in Szczecin

In line with its current investment strategy focusing on large development projects located in Warsaw and Kraków, STRABAG Real Estate is selling selected smaller real estate assets in Poland. One of such properties is a land lot in Szczecin, intended for investment purp...

News

act BSWW legal & tax recommended in The Legal 500 EMEA 2022

We are pleased to announce that in the latest edition of The Legal 500 ranking act BSWW legal & tax was distinguished in 7 categories: Construction Capital Markets Real Estate White-Collar Crime Dispute Resolution Commercial, Corporate and M&...

View all