act BSWW advises Finnish developer, YIT, on purchase of highly sought-after land in Sadyba
Finland’s leading developer, YIT Development, has purchased a land lot located at Nałęczowska street in Sadyba (a neighborhood of Warsaw), with an eye on building nearly 300 apartments in Q4 2019 as part of Nordic Sadyba project.
“We are proud to have succeeded in buyi...
act BSWW advises Strabag Real Estate on hotel sale
act BSWW consulted Strabag Real Estate on a transaction involving the sale of a downtown Warsaw hotel.
Motel One at Tamka street features 12,700 m2 of usable area, eleven levels and over 300 rooms. The Fryderyk Chopin Museum is located nearby.
The scope of the law f...
New rules for public offerings
Prospectus Regulation (no. 2017/1129) takes effect – changes and transition period for capital markets
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or...
New obligations of partnerships and companies: Central Register of Beneficial Owners
The Central Register of Beneficial Owners (hereinafter referred to as the “Register”) is supposed to be implemented in Poland on October 13, 2019. This is related to the Anti-Money Laundering and Counter-Terrorism Financing Act, which came into effect as of July 13, 201...
act BSWW advised Echo Investment on its Łódź-based project
Echo Investment, Poland’s leading developer, has laid the cornerstone for Fuzja, a section of Łódź that will combine modern urban features with the historical spirit of Księży Młyn (a complex of textile factories). The company has started restoring the former Scheibler ...
Practitioners’ Guide for M&A in Europe
A practical guide for international investors, managers and lawyers in English about the most important topics in cross-border transactions for the most relevant economies in continental Europe.
The guide, written by experienced act legal M&A lawyers, offers short ...
act BSWW advises Adventum on acquisition of Poznań Financial Centre
Adventum, a real estate investment fund operating internationally, has acquired Poznań Financial Centre (PFC), marking the first investment the fund has made in Poland.
act BSWW was advising Adventum throughout the transaction involving the acquisition of shares in PFC...
act BSWW advises Rank Progress on land acquisition for new investment project
act BSWW has consulted on Rank Progress’ purchase of nearly 8 hectares of investment land worth over PLN 27m net.
On June 26, 2019, Progress XVIII sp. z o.o. – S.K.A., a subsidiary of Rank Progress S.A., entered into a preliminary agreement for acquisition of ownership...
Amendments to Agricultural System Act
On 9 May 2019, the upper house of the Polish parliament (the Senate) adopted, without revisions, the Act of 26 April 2019 on Amendments to the Agricultural System Act and Selected Other Acts (the “Amendment”). The Amendment was subsequently signed by the Polish Presiden...
act BSWW breakfast: New obligations of companies and liability of their corporate bodies
Compliance in practice:
How to stay safe? How to implement efficient procedures?
On 18 June 2019 we hosted the meeting combined with a discussion on how to get ready for the changes and take relevant actions.
Draft amendments to criminal law and their ...
Breaking down employee capital plans
From 1 July 2019 the largest employers will have to enable their employees to enrol in employee capital plans.
Employee capital plans (referred to by their Polish acronym “PPK”) were introduced by the Employee Capital Plans Act of 4 October 2018 [Ustawa z dnia 4 paździ...