Tag: Real Estate
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Key Changes to Polish Construction Law
On 19 September 2020, an important amendment to the Polish Building Act came into force introducing some interesting changes to the construction process, as briefly described below. 1. Prescription Periods for Invalidation of Building and Occupancy Permits The amendment introduces prescription periods for the invalidation of building permits (5 years from the date of their …
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Penteris Advises on Large Real Estate Transaction
Penteris guided, advised and represented Apollo-Rida, a consortium based in Houston-Texas and Warsaw-Poland as well as US- and UK-based Ares Management in their purchase of three buildings in Kraków. The acquisition of the A-class ‘Equal Business Park’, developed by the innovative team at Cavatina Holding was worth EUR 100 million, one of the biggest transactions …
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Covid-19 – Real Estate Tax and Fees
What you need to remember with regard to your real estate fees during the pandemic: 1. Real Estate Tax Entrepreneurs singled out by municipal councils as having been particularly affected by Covid-19 may benefit from real estate tax exemptions or be afforded longer deadlines for payment of real estate tax. Whether or not such support …
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