Wolf Theiss

Real Estate

Local knowledge means everything in real estate. Our network of experts throughout the CEE/SEE region combine this knowledge with experience in the property cycle to provide your business with advice customised for your success. From sale and purchase to planning and zoning, design, construction and development, leases, facility and asset management, finance, dispute resolution and tax, we’ve got you covered. You can rely on our hands-on experience in local markets and track record of handling large-scale, cross-border transactions, including some of the most significant property developments in this part of the world in recent years.

Whether you are a developer, buyer, seller or financier on smaller or larger assignments: we treat every matter with priority. With our broad industry and local market knowledge, we can assist in finding the right property for your needs, the right bank for your financing, or the right buyer for your estate. We know the demands of a real estate project. Among other things, we can assist in the investor–friendly preparation of sales in setting up data rooms, and if you are the seller, we offer the same service package: experience, security and speed.

Contact
Peter Oberlechner
Peter
Oberlechner
Partner
T. +43 1 51510 5170
F. +43 1 51510 665170
Schubertring 6
1010 Vienna
Austria
Tomasz Stasiak
Tomasz
Stasiak
Partner
T. +48 22 378 8900
F. +48 22 378 8901
ul. Mokotowska 49
00-542 Warsaw
Poland
Karl Binder
Karl
Binder
Partner
T. +43 1 51510 5403
F. +43 1 51510 665403
Schubertring 6
1010 Vienna
Austria
Birgit Kraml
Birgit
Kraml
Partner
T. +43 1 51510 5360
F. +43 1 51510 665360
Schubertring 6
1010 Vienna
Austria
Lawyers
Tanja Melber
Tanja Melber
Consultant
Iris Riepan
Iris Riepan
Consultant
Adina Aurel
Adina Aurel
Senior Associate
Christian-Maurice Frick
Christian-Maurice Frick
Senior Associate
Stefan Horn
Stefan Horn
Senior Associate
Iwona Huryn
Iwona Huryn
Senior Associate
Michał Kulig
Michał Kulig
Senior Associate
Maria Nikolova
Maria Nikolova
Senior Associate
Sandra Seldte
Sandra Seldte
Senior Associate
Luciana Tache
Luciana Tache
Senior Associate
Edwina Udrescu
Edwina Udrescu
Senior Associate
Michał Zajączkowski
Michał Zajączkowski
Senior Associate
Marcin Żak
Marcin Żak
Senior Associate
Sergii Zheka
Sergii Zheka
Senior Associate
Anna Herbetko
Anna Herbetko
Associate
Xhet Hushi
Xhet Hushi
Associate
Bartosz Kopik
Bartosz Kopik
Associate
Costin Salaru
Costin Salaru
Associate
Iva Sturm
Iva Sturm
Associate
Marcel Vereš
Marcel Vereš
Associate
Marko Vladic
Marko Vladic
Associate
Tina Vollmann
Tina Vollmann
Associate
Areas of Specialisation


Real Estate Transactions

You can’t control risk if you don’t know how to look for it. Speed and accuracy are essential to the success of any large real estate acquisition. For your project, we will form a team of lawyers who efficiently and thoroughly assess existing legal risks and their possible impacts as well as ways to minimise them. We present the information to you, enabling you to make a well-founded, researched decision with awareness of all perceptible risks.


Leasing

The old days of short and simple lease agreements are gone. Today, they are highly complex legal instruments, the drafting and understanding of which requires a thorough understanding of the business and the relevant sector. Our philosophy is simple: we want to create and negotiate successful leases for your business. This means that we take both the interests of the landlord and the tenant into account to craft a functional lease that works for all parties.


Project Development

Every real estate project begins with an idea, and every idea brings with it a question or two. While you’re busy with the creative questions, let us handle the legal ones. We will advise you on purchasing or acquiring an option to purchase real estate, environmental impact assessment proceedings, planning and zoning issues, obtaining all permits necessary under public law, partitioning and joining of real estate, dealing with construction issues, architect contracts, general planning and financing agreements. Learn more about our Environmental & Planning Law practice.


Real Estate Finance

We make it our business to understand yours. Domestic and foreign banks as well as project development companies and their sponsors regularly turn to us for advice in real estate project financing. We can help you with financial engineering, examining the regulatory environment behind the granting or receipt of a credit or loan, as well as drafting and negotiating financing agreements and related security packages. Learn more about our Banking & Finance practice.


Facility Management & Property Administration

Proper facility management is not only a quality element, but also a key cost factor of any real estate development. From knowing the industry and the needs of up to date building management and administration, we can advise you on how to optimize all related agreements by establishing appropriate service levels to minimize risks in the interest of all parties involved and to maximize the building value.


Planning and Construction

You can rely on our experience in all types of planning and construction agreements; from architects' contracts to plain construction contracts, from build-and-design agreements to total contractor agreements, from FIDIC contracts to joint venture agreements. From short and condensed contracts for tasks that are more simple, to long and detailed agreements for large scale projects. We cover them all. If necessary, we represent you in enforcing and defending claims before courts as well as before arbitral tribunals or dispute adjudication boards. Learn more about our Construction & Infrastructure Projects practice.


Dispute Resolution

Resolving disputes in real estate matters requires a high degree of knowledge and specialization. Legal systems regarding real estate and real estate related rights vary considerably from country to country. In addition to the law, there is always the tricky question of precedent and how courts actually apply the law. We can advise you on all types of real estate and construction claims, including claims for securing evidence, claims for compensation, defects and damages claims, claims regarding contractual penalties, disputes regarding building ground and other risks, and claims under securities. Learn more about our Litigation practice.


Real Estate Restructuring

Both healthy and troubled institutions sometimes struggle with their portfolios of non-performing loans and other real estate owned assets (OREO); trying to find solutions for effective NPA management and disposition. Our Real Estate team is specialized in particular in cross-border real estate restructuring, property financing restructuring and real estate work-outs, as well as in the distressed sale and acquisition of real estate. We can also help with drafting creditor stand-still agreements, assisting with the shut-down of properties as well as with the sale of real estate or leasing portfolios, and the granting and enforcement of securities. Learn more about our Insolvency, Restructuring & Crisis Management practice.

 

Real Estate Tax Planning

Tax planning plays a substantial role in many real estate transactions. With our expertise in real-estate related tax structuring we can assist you in finding the most tax-efficient manner to carry out your deal. In addition, we perform tax due diligences, review agreements from a tax perspective, issue tax opinions, advise on stamp duty and real estate transfer tax issues, collaborate with your tax accountants as well as prepare requests for tax rulings. Learn more about our Tax practice.

Press Releases

Newssquare  Wolf Theiss advises SALTO SYSTEMS on the Acquisition of Gantner Electronic Group

Vienna, 19 October 2020 – SALTO SYSTEMS, one of the leading international suppliers of electronic access control solutions, relied on the expertise of...

Newssquare  Real Estate und Covid-19: Wolf Theiss und CBRE präsentieren aktuelle Trends

- Hotel und Retail erleiden Einbrüche

- Wohnimmobilien gelten als "Safe Harbour"

Wien, 24.09.2020 - Wolf Theiss und CBRE haben die Auswirkungen von...

Newssquare  Wolf Theiss berät Europäische Investitionsbank und UniCredit Bank Austria bei der Finanzierung des Ausbaus eines der größten Windparks Österreichs

Wien, 31. August 2020 – Die EIB und die UniCredit Bank Austria haben bei dieser 107 Millionen Euro-Finanzierung auf die Expertise von Wolf Theiss...

Newssquare  Concept Tower changes the owner. Wolf Theiss Warsaw Real Estate and Construction team oversees successful sale

Warsaw, 28 August 2020 – The Warsaw team, led by Partner Grzegorz Skowroński and Associate Bartosz Kopik, advised Concept Development BSD 2 sp. z o.o....

Newssquare  Wolf Theiss vertritt GARBE Industrial Real Estate bei Erwerb von zwei Logistikimmobilien in Wien

Wien, 7. Juli 2020 – Wolf Theiss berät GARBE Industrial Real Estate GmbH beim Kauf zweier Logistikimmobilien im Südosten von Wien mit einer...

Newssquare  Wolf Theiss berät "UniImmo: Wohnen ZBI" bei Markteintritt in Österreich: Fond erwirbt 700 Mietwohnungen in Wien

Wien, 30. Juni 2020 - Wolf Theiss hat den offenen Immobilien-Publikums-AIF "UniImmo: Wohnen ZBI" bei seinem ersten Investment auf dem österreichischen...

Newssquare  Erste Group Immorent setzt beim Verkauf von Büro- und Rechenzentrum auf Wolf Theiss

Wien, 23. Juni 2020 – Das Real Estate Team von Wolf Theiss hat die Erste Group Immorent ("EGI") beim Verkauf des Büro- und Rechenzentrums...

Newssquare  Wolf Theiss advises Royal DSM on Acquisition of ERBER Group

Vienna, 15 June 2020 – Wolf Theiss as lead counsel is advising Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living...

Newssquare  Deka Immobilien setzt beim Kauf des Austro Towers auf Wolf Theiss

Wien, 29. Mai 2020 – Der höchste Büroturm Österreichs, der Austro Tower, wechselt seinen Besitzer: Wolf Theiss berät Deka Immobilien beim Kauf des...

Newssquare  Wolf Theiss advises MSD on the Acquisition of the Austrian Biotech Company Themis Bioscience

Vienna, 27 May 2020 – Merck, known as MSD outside the United States and Canada, counts on the expertise of Wolf Theiss in the acquisition of Themis...

Newssquare  Wolf Theiss berät AFIAA bei Verkauf ihres Immobilienportfolios an RMI Gruppe

Wien, 30. April 2020 – Die Schweizer Anlagestiftung AFIAA hat beim Verkauf ihres aus 6 Objekten bestehenden Büro- und Retail- Immobilienportfolios in...

Newssquare  Wolf Theiss startet Event-Reihe "The Future of" mit dem Hot Topic "Investing"

Wien, 24. Jänner 2020 – Beim Auftakt der Wolf Theiss-Veranstaltungsreihe "The Future of" standen Rechtsfragen neuer Technologien im Bereich Investing...

Newssquare  Wolf Theiss berät REWE Gruppe beim Verkauf einer Großliegenschaft

Wien, 13. Jänner 2020 – Die REWE Group hat beim Verkauf der großvolumigen AGM-Liegenschaft in Donaustadt auf die Expertise des Wolf Theiss...

Newssquare  Wolf Theiss advises Adeplast S.A. in the 100% sale towards the Swiss Group SIKA

Bucharest, 25 November 2019 – Wolf Theiss has assisted the shareholders of Adeplast S.A., a major Romanian manufacturer of mortars and thermal...

Newssquare  Wolf Theiss berät ÖBB bei Verkauf des Unternehmens der Q Logistics

Wien, 30. Oktober 2019 – Wolf Theiss berät die Österreichische Bundesbahnen – Holding Aktiengesellschaft (ÖBB) und ihre Logistik-Tochter Q Logistics...

Newssquare  Investor Manzanita US Investments LP vertraut auf Wolf Theiss beim Einstieg in Susanne Kaufmann Kosmetik

Wien, 18. Oktober 2019 – Wolf Theiss hat den strategischen Investor Manzanita US Investments LP beim Erwerb einer Mehrheitsbeteiligung am 'high-end'...

Newssquare  Wolf Theiss berät MRB FerCon beim Kauf der Eisengiesserei von GF Casting Solutions im Wege eines Management Buyout

Wien, 16. Oktober 2019 – Wolf Theiss hat MRB FerCon bei der Akquisition der Eisengiesserei Herzogenburg in allen Aspekten der Transaktion beraten. Der...

Newssquare  Wolf Theiss further strengthens its Prague team. Experts in M&A, real estate, pharmaceuticals, IP, tax advisory and financial regulation are now on board

Prague, 4 October 2019 – Kamila Seberová joins Prague office of Wolf Theiss as expert in pharmaceutical law and intellectual property. Radka Neničková...

Newssquare  Wolf Theiss Advises Berlin Hyp On Eur 166 Mln Polish Real Estate Loan

Warsaw, 3 October 2019 – The Warsaw office of international law firm Wolf Theiss has provided legal advice to lender Berlin Hyp AG on a EUR 166 mln...

Newssquare  Central Europe's real estate boom set to continue as global funds seek higher yields

Warsaw, 18 September 2019 – Central Europe’s real-estate boom is set to continue as international investors flock to the market, attracted by its...

Newssquare  Wolf Theiss advises Miba on the Expansion of its eMobility Business

Vienna, 24 July 2019 – Miba relies on Wolf Theiss' expertise on acquiring a stake in VOLTLABOR and establishing a joint venture.

Newssquare  Wolf Theiss advises Blackstone on the Acquisition of €1.64 billion CRH European Distribution Unit

Vienna, 18 July 2019 – Wolf Theiss advised the US multinational investment firm Blackstone on the acquisition of a €1.64 billion European Distribution...

Newssquare  Skowroński appointed Partner at Wolf Theiss in Warsaw

Warsaw, 1 July 2019 – Grzegorz Skowroński has been promoted to Partner at the Warsaw office of Wolf Theiss, as part of the law firm’s continued growth...

Newssquare  Wolf Theiss supports Duravant, a Portfolio Company of Warburg Pincus, in the Acquisition of Motion06

Vienna, June 6 2019 – Duravant, a global manufacturer of food processing machines, material handling equipment and packaging machines and a portfolio...

Newssquare  Vibrant Polish Property Market set for further Growth

Warsaw, 20 May 2019 – Poland’s vibrant commercial real estate market is set for further growth amid continued demand for office and warehouse space,...

Newssquare  Wolf Theiss acts for Sompo International in M&A Warranty Insurance Transaction

Kyiv, 7 March 2019 - Wolf Theiss advised a major international insurance company, Sompo International, on the M&A warranty and indemnity insurance...

Newssquare  Wolf Theiss advises Companies on IP Rights, Data Protection in Proptech

Warsaw, 4 March 2019 – As the real estate industry benefits from a boom in technological development, companies need to consider the legal aspects of...

Newssquare  Wolf Theiss advises Kyocera on its Acquisition of 100% ownership of Van Aerden Group

Vienna, 21 February 2019 – Wolf Theiss has advised Kyocera on its acquisition of 100% of the shares of Van Aerden Group BV, a European pneumatic tool...

Newssquare  Wolf Theiss advises Companies on Employee Retention as Polish Labor Market tightens

Warsaw, 4 February 2019 – Polish employers are under increasing pressure to apply a wide range of solutions to retain top talent, as the country’s...

Newssquare  Wolf Theiss acts for rent24 in a Joint Venture Transaction with the Ukrainian Co-working Company Chasopys

Kyiv, 20 December 2018 - The Ukrainian office of Wolf Theiss advised rent24, the leading international co-working and co-living solutions company...

Newssquare  Wolf Theiss berät SORAVIA beim Verkauf des Büro- und Hotelkomplexes "The Brick" an die Wiener Städtische Versicherung

Wien, 06. 12. 2018 – SORAVIA hat sein in Bau befindliches Bürogebäude „The Brick“ am Wienerberg im Rahmen eines Forward Purchase Deals an die Wiener...

Newssquare  CEE Law Firm Wolf Theiss assists Search Corporation in the sale of Crystal Tower

Bucharest, 21 November 2018 – The Romanian office of the regional law firm Wolf Theiss assisted Search Corporation, one of the leading engineering...

Newssquare  Wolf Theiss assists Revetas in the Acquisition of Project Marina in Romania

Bucharest, 12 November 2018 – Wolf Theiss assisted funds advised by Revetas Capital Advisors LLP (“Revetas”), a real estate investment advisor...

Newssquare  Westcore Europe setzt bei der Akquisition des U6 Center auf die Beratung von Wolf Theiss

Wien, 5. November 2018 – Wolf Theiss hat den Immobilieninvestor und -Manager Westcore Europe beim Kauf des Büro- und Lagerobjekt "U6 Center" in Wien...

Newssquare  Wolf Theiss advises Supernova on the Acquisition of 10 shopping centres in Slovenia

Vienna/Ljubljana, 15 October 2018 – Supernova Invest GmbH acquires ten shopping centres in Slovenia from food retail chain Mercator with a rentable...

Newssquare  Infrastructure & Construction Law Specialist Edwina Udrescu joins Wolf Theiss

Bucharest, 11 October 2018 – CEE law firm Wolf Theiss has strengthened its Infrastructure & Construction team in Romania through the addition of...

Newssquare  Wolf Theiss advises on Sale of Warsaw’s Atrium Tower

Warsaw, 7 August 2018 – Wolf Theiss advised AEW on the sale of the Atrium Tower office building in downtown Warsaw to Vienna Insurance Group (VIG).

Newssquare  Wolf Theiss berät TH Real Estate beim Kauf des Wiener Bürogebäudes "Adler & Ameise"

Wien, 23. Juli 2018 –TH Real Estate setzt bei der Akquisition des Bürogebäudes Adler & Ameise im 3. Wiener Gemeindebezirk auf die Expertise von Wolf...

Newssquare  Wolf Theiss berät Borealis bei der Akquisition von Ecoplast

Wien, 20. Juli 2018 – Wolf Theiss hat Borealis, einen führenden Anbieter innovativer Lösungen in den Bereichen Polyolefine, Basischemikalien und...

Newssquare  Wolf Theiss ernennt Birgit Kraml und Leopold Höher zu neuen Partnern

Wien, 3. Juli 2018 – Birgit Kraml und Leopold Höher steigen bei Wolf Theiss zu Partnern auf. Kraml ist seit 2001 bei Wolf Theiss tätig, seit 2004 für...

Newssquare  Wolf Theiss vertritt Steinhoff beim Verkauf des Kika/Leiner Immobilienportfolios an die Signa-Gruppe

Wien, 21. Juni 2018 - In einem Herzschlagfinale ist es der Steinhoff-Gruppe am Donnerstag gelungen, mit rechtlicher Unterstützung durch Wolf Theiss...

Newssquare  Wolf Theiss Supports Young Lawyers’ Career Development

Warsaw, 14 March 2018 – Members of the Wolf Theiss Warsaw team attended the Law Career Fair (Prawnicze Targi Praktyk i Pracy) on March 13, presenting...

Newssquare  Wolf Theiss Forum Sees Polish Proptech Growth Accelerating

Warsaw, 09 March 2018 – Polish companies providing digital technology for the real estate industry are set for rapid growth, as they benefit from...

Newssquare  Umwelt- und Baurechtsexperte Stefan Lampert verstärkt Wolf Theiss im öffentlichen Wirtschaftsrecht

Wien, 23.2.2018 – Österreichs größte Anwaltssozietät Wolf Theiss baut das Beratungsangebot der Praxisgruppe Öffentliches Wirtschaftsrecht weiter aus....

Newssquare  Wolf Theiss Advises Revetas Capital Fund II And Cerberus Capital Management On Acquisition Of Bucharest Hotel Portfolio

Bucharest, 15 January 2018 – Wolf Theiss has advised Revetas Capital Fund II and an affiliate of Cerberus Capital Management, L.P. on their...

Newssquare  WOLF THEISS ADVISES T-MOBILE ON THE ACQUISITION OF UPC AUSTRIA

Vienna, December 22 2017 – Wolf Theiss has advised mobile operator T-Mobile on the acquisition of UPC Austria. Liberty Global plc, the largest...

Newssquare  WOLF THEISS STRENGTHENS ITS REAL ESTATE AND ENERGY TEAMS IN ROMANIA WITH THE ADDITION OF TWO LAWYERS

Bucharest, 11 December 2017 – Wolf Theiss welcomes back Flaviu Nanu as Counsel and adds Sebastian Boțic as Associate in the Firm's Real Estate, Energy...

Newssquare  Wolf Theiss Advises Art-Invest Real Estate In The Acquisition Of The Millennium Tower

Vienna, November 23, 2017 – The renowned German real estate investment company Art-Invest relied on the comprehensive legal counselling provided by...

Newssquare  165 NEUE STUDENTEN-APARTMENTS FÜR WIEN: WOLF THEISS BERÄT CATELLA RESIDENTIAL INVESTMENT MANAGEMENT GMBH BEIM ERWERB VON "SMARTMENTS STUDENT" BEIM NEUEN HAUPTBAHNHOF

Wien, 30. Oktober 2017 - Wolf Theiss begleitet die Catella Residential Investment Management GmbH beim Erwerb von Studenten-Apartmenthaus mittels...

Newssquare  THE STUDENT HOTEL ERRICHTET IN WIEN NEUES FLAGGSCHIFF MIT UNTERSTÜTZUNG VON WOLF THEISS

Wien, 29. September 2017 – "The Student Hotel" setzt bei seinem Markteintritt in Österreich auf die Expertise der österreichischen Anwaltssozietät...

Newssquare  WOLF THEISS BREAKFAST: WILL PROPTECH TURN THE REAL ESTATE WORLD UPSIDE DOWN?

Vienna, 29 June 2017 – PropTech is the latest buzzword in real estate and is jolting the whole sector. The experts at Wolf Theiss analysed the core...

Newssquare  WOLF THEISS ADVISES AUSTRIAN ASSOCIATION OF MEDICAL LABORATORIES "IHR LABOR"

Vienna, 7 June 2017 – Wolf Theiss has advised IHR LABOR, a network of medical laboratories, in legal questions surrounding IP, data protection,...

Newssquare  WOLF THEISS ADVISES BOEHRINGER INGELHEIM ON CONSTRUCTION OF BIOPHARMACEUTICAL PRODUCTION FACILITY

Vienna, 31 May 2017 – Wolf Theiss has provided legal support for the April 2017 ground-breaking for the new Boehringer Ingelheim production facility...

Newssquare  WOLF THEISS ADVISES JAPAN-BASED NIDEC CORPORATION IN ACQUISITION OF SECOP-GROUP

Vienna, 3 May 2017 – Wolf Theiss has advised Kyoto-based Nidec, one of the leading manufacturers of electric motors, components and accessories, in...

Newssquare  WOLF THEISS ADVISES FINANCIAL INVESTMENT MANAGEMENT COMPANY AACHENER GRUNDVERMÖGEN WITH LIMITED LIABILITY

Vienna, 26 April 2017 – The experts at Wolf Theiss have advised Aachener Grundvermögen in their first real estate investment in Austria. The German...

Newssquare  WOLF THEISS ADVISES MCARTHUR-GLEN IN EXPANSION OF PARNDORF DESIGNER OUTLET CENTER

Vienna, 4 April 2017 – McArthurGlen, leading developer, owner and operator of designer outlet centres in Europe and Canada, has placed its trust in...

Newssquare  WOLF THEISS BERÄT INVESCO REAL ESTATE IN INTERNATIONALER HOTELTRANSAKTION

Wien, 3. Februar 2017 - Wolf Theiss hat den weltweiten Immobilieninvestor Invesco Real Estate beim Verkauf eines Hotelportfolios an den Hotelbetreiber...

Newssquare  WOLF THEISS BERÄT UNION INVESTMENT IN CA IMMO - TRANSAKTION

Wien, 20. Jänner 2017 – Wolf Theiss berät die Union Investment Real Estate GmbH (UIR) beim Verkauf ihres jeweiligen 49% Anteils an zwei Büroobjekten...

Newssquare  Stefan Weishaupt wird bei Wolf Theiss zum Counsel ernannt

Wien, 19. Dezember 2016 – Stefan Weishaupt (34), seit Juni 2015 Mitglied der Praxisgruppe Real Estate, ist nun Counsel bei Österreichs größter...

Newssquare  Wolf Theiss berät Union Investment bei einem weiteren Ankauf in Wien

Wien, 21.11.2016 - Union Investment hat von der UBM Development AG und der S Immo AG die Projektentwicklung "QBC 3" im Rahmen eines Forward Deals...

Newssquare  Killt das Internet die Bestandverträge im Handel?

Wien, 14.11.2016 – Bei einem heute von Wolf Theiss und Regioplan Consulting veranstalteten Top-Level-Branchenseminar standen die rechtlichen und...

Newssquare  Union Investment sichert sich mit Wolf Theiss das Büro-Objekt Doppio Offices

Wien, 11. November 2016 – Union Investment Real Estate Austria AG ("Union") erwirbt von der Strauss & Partner Gruppe das markante Büro-Gebäude Doppio...

Newssquare  Wolf Theiss advises Chinese Corporation in the purchase of its new European headquarters in Graz

Vienna, 8 November 2016 – China Electronics Technology Group Corporation (CETC), in collaboration with two other partners from China, is establishing...

Newssquare  Wolf Theiss berät beim Verkauf des Mega-Projekts "Forum Donaustadt" in Wien

Wolf Theiss berät beim Verkauf des "Forum Donaustadt" der Wirtschaftsagentur Wien und der STC – Swiss Town Consult AG an die SIGNA-Gruppe und die...

Newssquare  Wolf Theiss advises Eurazeo in its acquisition of a hotel portfolio from Accor and other investors

In a cross-border transaction, Eurazeo Patrimoine has acquired from Accor Hotels and other investors 85 hotels under the brands Ibis Budget, Ibis...

Newssquare  5% VAT ON NEW HOMES – DETAILS ONLY FEW CONSIDER

Budapest, 24 February 2016 – The reduction of the VAT on new houses to 5% stands out from among the tax changes in 2016 from more than one point of...

Client Alerts / Newsletters

Newssquare  NEW MEASURES IN THE CZECH REPUBLIC IMPOSE OBLIGATORY HOME OFFICE AND CURB FREE MOVEMENT OF PERSONS DUE TO COVID-19

Yesterday the Czech Government announced additional measures aimed at curbing the spread of Covid-19. The newest measures are the most recent efforts...

Newssquare  CZECH REPUBLIC ENTERS SECOND LOCKDOWN DUE TO COVID-19

Following a declaration of a State of Emergency at the end of September 2020, yesterday the Czech Republic announced a second lockdown in order to...

Newssquare  CHANGES AND AMENDMENTS TO THE CONCESSION LAW IN THE REPUBLIC OF SRPSKA

The National Assembly of the Republic of Srpska (RS) enacted the Law on Changes and Amendments to the Concession Law which entered into force on 24...

Newssquare  Austria: New Depreciation Rules as part of Covid-19 relief package under review

On 15 July 2020, a draft bill for a law aimed at strengthening the economy in 2020 (Konjunkturstärkungsgesetz 2020) was approved by the second chamber...

Newssquare  FURTHER TIGHTENING OF FOREIGN DIRECT INVESTMENT SCREENING IN HUNGARY

On 17 June 2020, the Hungarian Parliament reconfirmed in a new act the rules adopted by the Hungarian Government earlier in May 2020 which...

Newssquare  POTENTIAL CHANGES CONCERNING SALE OF AGRICULTURAL LAND IN ROMANIA

The Romanian Parliament has recently passed a draft law which would amend Law no. 17/2014 concerning the sale of agricultural land located outside of...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Days 82 – 94, 4th June – 15th June

GENERAL INTEREST & EMPLOYMENT

In today's newsletter, we will analyze the following legislation in Romania:

• Government Decision no. 465/2020 on...

Newssquare  SLOVENIA ADOPTS FOREIGN DIRECT INVESTMENT SCREENING MECHANISM

On 31 May 2020, a third legislative package to contain the consequences of the COVID-19 epidemic ("Act") introduced a screening mechanism for foreign...

Newssquare  THE NEW LEGAL FRAMEWORK FOR UKRAINIAN CROSS-BORDER TAXATION ENTERS INTO FORCE

On 21 May 2020, the President of Ukraine signed the Law of Ukraine "On Amendments to the Tax Code of Ukraine on Improvement of Tax Administration,...

Newssquare  Slovenia – Courts in times of Corona

The amendment to the COVID-19 Measures Act published on 30 April 2020 is the first step towards a continuation of judicial proceedings. The president...

Newssquare  Slovenian courts in the times of Coronavirus: Have creditors been left with nothing?

Creditors have noted an increased deterioration of their contractual partners' payment discipline caused by governmental measures aimed at curbing the...

Newssquare  POLAND: RESCUE PACKAGE 2.0

Poland – In connection with the spread of the COVID-19, further legislative steps were taken at the end of last week: over 60 Polish acts were amended...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Day 33-37 – 16th-21st April: Employment

For today's newsletter we shall analyze the measures adopted by the following:

• Press release issued by the Ministry of Labor and Social Security...

Newssquare  AUSTRIA - CORONA-RELIEF FUND - GUIDELINES FOR THE ISSUANCE OF GUARANTEES AND DIRECT LOANS FROM THE EUR 15 BILLION CORONA-RELIEF FUND

By way of Ordinance BGBl. II 143/2020, and on the basis of Section 3b para. 3 of the ABBAG-Act (3rd COVID-19 Act, BGBl. I No. 23/2020), the Ministry...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Day 28-32 – 13th-15th April: Employment/Dispute resolution/Healthcare/Corporate/State-Aid

For today's newsletter we shall analyze the measures adopted by the following:

• Presidential Decree no. 240/2020 on extending the emergency status;...

Newssquare  BOSNIA AND HERZEGOVINA: IMPACT OF COVID-19 ON CONSTRUCTION CONTRACTS

The state of natural or other disaster in Bosnia and Herzegovina (BiH), declared on 17 March 2020 and caused by the COVID-19 pandemic, combined with...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Day 23-25 – 8th-10th April: State-Aid/Healthcare/Banking & Finance

For today's newsletter we shall analyze the measures adopted by the following:

• Military Ordinance no. 8/2020;

• Government Emergency Ordinance no....

Newssquare  State support measures available for companies in Romania in the context of Covid-19

First, the Romanian Government approved, via GEO 30/2020, a support scheme for technical unemployment (furlough). In an attempt to prevent dismissals...

Newssquare  Update: Relaxation of the General Ban on Access to Shops

The Ordinance of the Federal Minister of Social Affairs, Health, Care and Consumer Protection concerning interim measures to prevent the dissemination...

Newssquare  POLAND: POTENTIAL IMPACT OF COVID-19 ON REAL ESTATE TRANSACTION DOCUMENTS

Poland ▬ Currently, many countries are facing numerous consequences caused by the Global Health Emergency resulting from the spread of COVID-19 and...

Newssquare  SLOVENIA'S THIRD COVID-19 LEGISLATIVE PACKAGE PROVIDES RENT SUBSIDIES FOR COMMERCIAL PREMISES

The Slovenian government is currently working on a third COVID-19 legislative package which, among others, foresees rent subsidies for commercial...

Newssquare  COVID-19 legal update – Rent Deferral for Tenants

On 8 April 2020, the Czech Chamber of Deputies approved a draft law aiming to mitigate the negative impacts of the COVID-19 pandemic on tenants of...

Newssquare  How to get Real Estate Transactions done if you are stuck at home or abroad - A Survey of Countries in CEE/SEE

Welcome to this special Client Alert of the Wolf Theiss Real Estate team, in which we address the impact of the Coronavirus outbreak on how to conduct...

Newssquare  COVID-19 legal update - loan moratorium for debtors (legal persons)

On 7 April 2020, the Czech Chamber of Deputies approved a draft law on certain measures related to loan repayments and interest payments in connection...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Day 22 – 7th April: State-Aid/Healthcare

For today's newsletter we shall analyze the measures adopted by the following:

• Military Ordinance no. 7 ("MO no. 7/2020");

• Government Emergency...

Newssquare  HUNGARY: CHANGES IN RULES OF CIVIL PROCEDURE DURING COVID-19 CRISIS

Due to the COVID-19 crisis, the Hungarian government has declared a state of emergency as of 11 March 2020 by Government Decree 40/2020 (III.11.). As...

Newssquare  POLAND: IMPACT OF COVID-19 ON CONSTRUCTION WORKS AGREEMENTS

Poland – The COVID-19 pandemic is causing not only health and operational problems, but it is also creating many legal and contractual challenges. The...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Days 18 - 21 3rd – 6th April: Banking & Finance/Employment

European and national finance authorities are pushing for deadline extensions during the COVID-19 pandemic in order to help regulated entities. The...

Newssquare  COVID-19 und verwaltungsrechtliche Verfahren

Am 22.3.2020 ist das "2. COVID-19-Gesetz" in Kraft getreten. Als Sammelgesetz zur Änderung oder Neuerlassung einer Reihe von Gesetzen hat es vor allem...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Day 17 – 2nd April: Healthcare/Employment

The State measures aimed at limiting the effects of the pandemic continue with a relaxation of the regulatory authorization process of the medical...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Days 12-16 28th March – 1st April: Healthcare/Banking/Employment/Fiscal

As the emergency status continues in Romania a long list of measures have been taken in the last recent days. As such, the Government established a...

Newssquare  COVID-19 Logbook: Romanian Legal Updates – Day 10-11 – 26th-27th March: Healthcare/Banking and Finance/Dispute resolution/Competition

As the emergency status continues in Romania: (i) the Judges section of the Supreme Council of Magistrates ("CSM") has decided to step in to unify the...

Newssquare  COVID-19 Logbook: Romanian Legal Updates - Days 8-9 – 24-25 March: Social/Banking/Employment/Competition

We continue our COVID-19 Logbook: Legal Updates series and we follow up today with measures taken by the Government to limit the movement of people....

Newssquare  Coronavirus and the obligation to continue to pay rent

Welcome to this special Client Alert of the Wolf Theiss Real Estate team, in which we address the impact of the Coronavirus outbreak on lease...

Newssquare  FORCE MAJEURE AND THE IMPACT OF COVID-19 MEASURES ON BUSINESS IN BULGARIA

Following the swift spread of the coronavirus in Europe and the first cases in Bulgaria, on 13 March 2020 the Bulgarian National Assembly declared a...

Newssquare  STANDSTILL MEASURES IN BULGARIA OVER CONSEQUENCES DUE TO PAYMENT DEFAULT

The Bulgarian parliament introduced a standstill period concerning the monetary and non-monetary consequences which arise from payment default under...

Newssquare  COVID-19 Logbook: Legal Updates - Day 5-7

We continue our COVID-19 Logbook: Legal Updates series and we follow up today with measures taken by the Government as to boost the business...

Newssquare  COVID-19 und verwaltungsrechtliche Verfahren

Mit dem 23.3.2020 soll das "2. COVID-19-Gesetz" in Kraft treten, das Erleichterungen in einer Vielzahl von Rechtsgebieten bringen soll, in denen...

Newssquare  COVID-19 Legal update – Czech Republic

As of 12 March 2020, a state of national emergency has been declared in the Czech Republic by a decree of theCzech government (No. 69/2020 Coll.) for...

Newssquare  HUNGARY: NEW LENDING MARKET PROVISIONS DUE TO COVID-19

Due to the COVID-19 outbreak, the Hungarian government has declared a state of emergency as of 11 March 2020. On 18 March 2020, the Hungarian...

Newssquare  COVID-19 LOGBOOK: ROMANIAN LEGAL UPDATES - DAY 3&4 – 18&19 MARCH: SOCIAL/EMPLOYMENT/CORPORATE/TAX

As the next round of our regular coverage on the rapidly changing situation in Romania, we follow up today with updates on the new Military Ordinance...

Newssquare  COVID-19 Logbook: Legal Updates - Day 1&2

COVID-19 Logbook: Legal Updates is an initiative undertaken by the Bucharest Office of Wolf Theiss as to keep all clients, partners and the Romanian...

Newssquare  COVID-19: Auswirkungen auf Bauwerkverträge / Handlungsempfehlungen

Die infolge der COVID-19 Pandemie in Österreich verordneten Maßnahmen und Einschränkungen betreffen auch die Bauwirtschaft in besonderem Maße. Unsere...

Newssquare  CORONA UND DIE PFLICHT, WEITERHIN MIETE ZU BEZAHLEN

Von den drastischen Maßnahmen der Republik sind viele Bereiche der Wirtschaft betroffen und eine der drängenden Fragen für Mieter, Vermieter und...

Newssquare  THE COVID-19 LAW - AUSTRIA

Austria has implemented a range of laws and regulations to address and mitigate the adverse consequences of Covid-19 (the "Covid-19 Law"). The...

Newssquare  Regierungsprogramm 2020 – Auswirkungen Auf Die Immobilienwirtschaft

Österreich hat seit 7.1.2020 eine neue Regierung und ein neues Regierungsprogramm. Letzteres widmet sich auch der Immobilienwirtschaft und kündigt –...

Newssquare  CJEU: Why Airbnb Is Not Uber

The CJEU recently ruled that the intermediation service offered by Airbnb Ireland is an "information society service" in the light of the E-Commerce...

Newssquare  Romania Updates Its Construction Laws To Encourage Real Estate Development And Reduce Administrative Hurdles

Romania has drastically simplified its administrative rules regarding the construction of new buildings, including the issuance of permits. The...

Newssquare  Notary Offices in the Federation of Bosnia & Herzegovina deprived from their Exclusive Authority

The Constitutional Court of the Federation of Bosnia and Herzegovina adopts the Decision by which it ruled that certain provisions of five local laws...

Newssquare  Mietpreisbremse Lagezuschlag

Die Stadt Wien hat die Lagezuschlagskarte überarbeitet, was Auswirkungen auf die Mietpreise in Teilen Wiens hat

Sogenannte "Altbauten", also...

Newssquare  Real Estate & Construction Insider

The newsletter covers important developments in 13 jurisdictions in the CEE/SEE region, namely:

 

Albania, Austria, Bosnia & Herzegovina, Bulgaria,...

Newssquare  Revolution in Residential Development

On 22 August 2018 a new Act on facilitating the preparation and implementation of residential and accompanying investments came into force. The law...

Newssquare  Change in Perpetual Usufruct is Coming

Starting from January 1, 2019, the rights of perpetual usufruct of plots built-up with residential buildings will be transformed into ownership...

Newssquare  Romania Is Set To Enforce Mandatory Rehabilitation Works For Hotel Owners

On 14 May 2018, a draft law (PL no. 190/2014) regarding certain measures for the rehabilitation of tourist facilities of national interest was...

Newssquare  Latest Amendment to the National Court Register Act

The latest amendment to the National Court Register Act ("Act") introduces many changes that will significantly affect its functioning and obligations...

Newssquare  The Impact of the New Tax Evasion Regulations on Escrow Agreements

To counteract tax evasion, Polish authorities have recently introduced legislation (the Act) and digital systems allowing tax authorities to analyze...

Newssquare  Verwaltungsstrafe - Immobiliengesellschaft als AIF

IMMOBILIENGESELLSCHAFT ALS AIF

Wie durch eine kürzlich veröffentlichte Entscheidung des Bundesverwaltungsgerichts vom 27.11.2017 zu Gz W2102148720-1...

Newssquare  Romanian Law Implementing The GDPR Has Been Submitted To The Senate

On March 14, 2018 the Romanian law for implementing measures on EU Regulation no. 2016/679 on the protection of individual rights with regard to the...

Newssquare  Bulgaria Joins The EU 'AMLD IV Implementation' Club

Yesterday, the Bulgarian Parliament adopted the Anti-Money Laundering Act (in Bulgarian: Закон за мерките срещу изпирането на пари). The Act...

Newssquare  Polish Employee Capital Plans

On February 8th, 2018, the Polish Ministry of Finance released the long-awaited first draft of the bill on employee capital plans (Ustawa o...

Newssquare  Potential Reforms in Real Estate Law

The new Austrian government was sworn in on December 18, 2017 and thereby also presented its government program which deals, among other things, with...

Newssquare  Potentially Significant Changes Coming To Spatial Planning

In September 2017, the Ministry of Infrastructure and Development announced a project with the goal of modifying specific laws concerning the real...

Wolf Theiss Guides

Newssquare  Romania Market Overview - Real Estate Highlights H1 2020

Wolf Theiss & Knight Frank Romania Real Estate Highlight H1 2020, is a co-branded report that presents the Romanian Real Estate developments in the...

Newssquare  COVID-19 Real Estate Investment Guide

COVID-19 has led to significant changes for real estate investments and transactions, some of which might be of a lasting nature. We as legal...

Newssquare  M&A Spotlight: CEE / Wolf Theiss Corporate Monitor FY 2018

150 senior-level executives were asked to share their experiences and outlook on M&A in the CEE/SEE region and their expectations for the future....

Find a Lawyer

Top