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 ...

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...

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...

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&...

act BSWW legal & tax advised its client on the purchase and subsequent sale of real estate intended for a warehousing and logistics facility in Kąty Wrocławskie, with a total area of over 8 ha. Our team assisted the client throughout the process of purchasing and...

Periodic newsletter for the Real Estate sector It is possible to categorize uncollectible receivables from any type of guarantee issued by a bank (rather than exclusively from loans) as tax-deductible expenses, according to the ruling issued on March 09, 2022 by the Su...

act BSWW legal & tax represented the buyer in the acquisition of an office, retail and residential complex in Wrocław, with a total area of over 171,000 sqm, from Sky Tower S.A., member of Develia Group. Our services included a full range of transaction advisory,...

act BSWW legal & tax advised on the sale of a real estate at Olszewskiego 6 in Kielce to an Italian company, CEAR S.R.L. The transaction covers a property with manufacturing facilities and a total area of almost 6 hectares. The law firm’s real estate team prov...

The law firm represented the buyer in the acquisition of the 80,000 sqm property that comes with an appealing location and convenient transport links to the city center. act BSWW legal & tax provided comprehensive pre-transactional (including a legal and tax due ...

The act BSWW legal & tax real estate team provided comprehensive legal advice in negotiations of a lease agreement with HB Reavis Poland, concerning office premises in the Forest office complex at Burakowska 14, in the post-industrial part of Warsaw. Forest has ...

The team advised FM Solutions SPV sp. z o.o. on the acquisition of shares in FM Solutions sp. z o.o. from Giovanni FIZ. act BSWW legal & tax advised the buyer throughout the process related to the acquisition of shares (management buyout). The advisory services c...

Adventum Group, an investment fund manager operating internationally, has acquired the Mercedes-Benz building in Warsaw. act BSWW legal & tax provided Adventum with comprehensive legal assistance related to the transaction. The services rendered by the law firm inc...

Adventum Group, an investment fund manager operating internationally, is at the final stage of the EUR 84.42 million acquisition of Sky Tower, a landmark development in Wrocław, one of Poland’s biggest and highest mixed-use projects. Develia S.A. (the seller) and Adven...

Michał Wielhorski – Managing Partner at act BSWW legal & tax – has been recommended as Notable practitioner by IFLR1000. For nearly 20 years Michał has been advising on all types of real estate projects, including financing of real estate investments. IFLR1000 i...

act BSWW legal & tax has acted on behalf of Rank Progress in relation to the sale of Miejsce Piastowe retail park and the preliminary sale agreement for Pasaż Wiślany retail park in Grudziądz. On July 29, 2021, Progress XXXVII sp. z o.o. (subsidiary of Rank Progres...

Due to its dynamic growth and a number of new investments focusing on large development projects, STRABAG Real Estate is currently selling selected minor real estate assets. One of such transactions is the sale of real estate on Canaletta Street in Warsaw Downtown to th...

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 conduct...

The law firm’s team was joined by Robert Woźniak (attorney-at-law). Robert specializes in real estate law, with a strong emphasis on lease agreements for office space and commercial premises in shopping centers, as well as in real estate transactions. He has participat...

Adventum, an investment fund operating internationally, has successfully closed the refinancing of Poznań Financial Centre. The new financing has been secured by Berlin Hyp AG. act BSWW legal & tax advised Adventum throughout the whole refinancing process. The serv...

The rapidly growing producer and seller of eco-friendly groceries, especially pickled foods, fermented beverages and other plant-based products, operating the “Zakwasownia” brand, has expanded its store in Renoma. act BSWW legal & tax was advising the lessor, Globa...

How did the first months of the pandemic affect developers’ timelines, investment plans and tenants’ expectations in four largest CEE countries? Were the investors operating in Poland, the Czech Republic, Hungary and Romania rattled or shattered by the first two waves o...

A new tenant is about to move into V.Offices in mid-2021. Ringier Axel Springer Polska (RASP) has leased over 4,300 sqm in the building owned by AFI Europe. During the negotiations, the lessor was represented by Knight Frank and act BSWW legal & tax, while CBRE was ...

We are delighted to announce that we have received recognition from The Legal 500 EMEA 2021 in seven categories and numerous individual recommendations for our practitioners. Recommendations for the law firm: – real estate – capital markets – commercial, corporate a...

We are delighted to announce that we have received recognition from Chambers Europe for our real estate practice and individual recommendations for our practitioners. Recommendation for the law firm: – Real Estate – Band 4 Recommended lawyers: – Piotr Smołuch (Cap...

act BSWW advised management boards of disposed companies on the sale of completed and under-construction office buildings owned by Buma development company to fund managed by Partners Group, the global private markets investment manager. The transaction comprised the s...

Not until long ago we seemed to be living on what was referred to as a “green island.” The economic boom might have seemed unstoppable. Companies kept growing, recruiting and expanding their office premises. Developers were reacting accordingly by building, constructing...

Allegro has leased nearly 2,100 sq.m. in Lubicz Business Center in Kraków, a complex owned by Globalworth. The new office, which will be accommodated primarily by engineers who take care of the platform’s technological growth, will be ready at the start of next year. L...

act BSWW has consulted on Rank Progress’ purchase of nearly 6.83 hectares of land worth almost PLN 24m net. On November 19, 2020, Rank Progress Spółka Akcyjna Otwock spółka komandytowa (a subsidiary of Rank Progress S.A.) and Rank Progress S.A. entered into two final a...

A Portuguese investor completed the refinancing transaction for the Porto Office complex developed in 2019. It is made up of two A-class office buildings. act BSWW advised the investor on refinancing of this investment project. The law firm’s team was led by Michał ...

Adventum International, a global property investment fund, has acquired Renaissance Plaza. The office building is located right next to Wola – the fastest-growing quarter of Warsaw. This is the fund’s second investment in Poland within just four months, following the Ju...