4 November 2024
We are pleased to announce that we advised LifeSpot, a long-term housing rental platform in Poland managed by Griffin Capital Partners, on their purchase, from Cavare S.A., of a project being developed on ul. Ostrobramska in Warsaw.
The transaction is valued at approximately PLN 59 million and the residential development, which is already under construction, to be completed in the third quarter of 2025, will include 143 apartments with an aggregate net leasable area of 4,600 square metres. The forward funding transaction consisted of a property sale agreement and a development management agreement (DMA) for the construction of a PRS building.
The Private Rented Sector (PRS) is a sector of the residential real estate market in which specialised, professional agents rent out residential properties. At the end of September 2024, the PRS accounted for approximately 1% of the institutional rental market in Poland, but investments in this sector are increasing year-on-year.
LifeSpot is a long-term rental housing platform in Poland managed by Griffin Capital Partners. The platform currently operates over two thousand units in Warsaw, Krakow, the Tri-City, Wrocław, Łódź and Katowice, with a further two thousand units under construction.
Cavare S.A. is a new entity owned by Cavatina Group S.A. Over the next few years, Cavare plans to build and make available for long-term rental 2,700 apartments throughout the largest cities in Poland.
The transaction team included Piotr Fedorowicz (a partner and the head of the real estate practice), Alicja Szymańska (associate) and Rafał Ćwikliński (associate).
21 December 2024
We are pleased to announce that we advised Mirbud S.A. ("Mirbud") on the acquisition of 92.78% of the shares in Przedsiębiorstwo Budownictwa Specjalistycznego Transkol ("Transkol"). As a result of the...
11 December 2024
We are pleased to announce that on 1 December 2024 Magdalena Pyzik-Waląg became a managing partner of Rymarz Zdort Maruta. The firm has gained an experienced leader for its management body who will be...
4 December 2024
We are pleased to announce that we advised Projekt Solartechnik S.A. ("Projekt Solartechnik") in connection with obtaining funding from the Polish Development Fund (the "PFR") to finance and refinance...
4 December 2024
We are pleased to announce that we advised the partners of Krakowskie Towarzystwo Edukacyjne, the founders of Andrzej Frycz Modrzewski Krakow University ("UAFM"), on the conclusion of an agreement wit...
3 December 2024
We are pleased to announce that Łukasz Dynysiuk joined Rymarz Zdort Maruta at the beginning of December 2024. Although Łukasz's main specialisation is tax, he joined the corporate department, bringing...
27 November 2024
We are pleased to announce that we provided tax advice to Ghelamco Poland in connection with the sale of the Warsaw UNIT skyscraper to Swedish company Eastnine. The value of the transaction amounted t...
22 November 2024
We are pleased to announce that on 4 October 2024, the Regional Court in Warsaw discontinued proceedings conducted against 13 former members of the management board and supervisory board of PKP Cargo ...
18 November 2024
We are pleased to announce that Rymarz Zdort Maruta advised Vantage, a company that develops and manages a PRS platform, belonging together with ROBYG to the TAG Immobilien group, in connection with s...
12 November 2024
We are pleased to announce that our law firm successfully represented DESA Unicum S.A. before the Internet Domain Arbitration Court at the Polish Chamber of Information Technology and Telecommunicatio...
12 November 2024
We are pleased to announce that we provided legal support to Sanok Rubber Company S.A. (the “Company”) in connection with the signing of an investment agreement with PFR TFI-managed Fundusz Ekspansji ...
7 November 2024
7 November 2024
We are pleased to announce that we advised Mutares SE & Co. KGaA (“Mutares”) on the acquisition of Natura sp. z o.o. (“Natura”), one of the largest and longest operating cosmetics store chains on ...
5 November 2024
We are pleased to announce that we advised EWE AG on the sale of EWE Polska, the second largest privately-owned natural gas network operator in Poland, to Eesti Gaas, operating in export markets under...
