Tag: Real Estate

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A Letter of Intent affords protection to an offeror

Three Questions To… Andrzej Tokaj, Senior Partner at Penteris How common are claims for failure to complete a real estate transaction after signing a letter of intent (LOI)? Such claims are rather uncommon, especially in transactions involving institutional players. Transactions are structured carefully and it should also be noted that due diligence process generates major …

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Top Real Estate Facts for Investors

Real Estate Laws and Regulations in Poland 1. REAL ESTATE OWNERSHIP 1.1  Legal framework Ownership right, including the ownership right to property, has its source in Article 21 and Article 64 of the Constitution of the Republic of Poland. The first provision guarantees the protection of the ownership right to property and the right of inheritance. …

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Penteris Once Again Advises Immofinanz

We are proud of our long-running relationship and have now come full circle with the EMPARK office location at the intersection of Wołoska, Domaniewska and Postępu in Warsaw supporting our friends at IMMOFINANZ on their sale of this large piece of real estate to Echo Investment for EUR 50 million. We continue to advise IMMOFINANZ …