ARTICLES LABELLED WITH TAG legal

The planned Highest Construction Office (Nejvyšší stavební úřad) and the system of regional construction offices subordinate to it will not be established in the Czech Republic. The construction authorities will remain within the municipalities, the Czech News Agency (ČTK) reports.

As a result of a legal dispute between real estate tycoon Radovan Vítek's CPI Property Group and businessmen Marek Čmejla and Jiří Diviš, a Cypriot court has reportedly ordered banks to freeze CPI Property Group's assets worth almost CZK 13 billion (€553 million), according to the German economic newspaper Handelsblatt, cited by the Czech daily Hn.cz. CPIPG, however, denies the German newspaper's information, saying that the interim measure is not in force and that no accounts have been seized or assets were frozen.

Piotr Szafarz, Partner, Head of Real Estate in Poland and CEE, Dentons talked to Property Forum about the forecasts for the PRS market in Poland, the impact of the war in Ukraine on the European properties and the expected changes in financing conditions.

The City of Prague plans to improve conditions for real estate developers by lowering the number of mandatory parking places in residential and office buildings. Thanks to a new legal amendment, they will no longer have to build a mandatory garage space for each apartment. The amendment, which will now be open for 45 days for comments, would help real estate investors and developers, as well as those who want to do extensive reconstruction, writes E15.cz.

Revetas Capital announced a new promotion within the legal team: Joanna Przybyl has taken over the role of General Counsel for the firm. Joanna has been working in partnership with Revetas Capital since January 2018, she is a graduate of Adam Mickiewicz University in Poznań, Poland and holds a master’s degree in Law and has 13 years of experience in the legal domain previously working for the international law firm DLA Piper

Dr. Erwin Hanslik MRICS, Taylor Wessing’s CEE Head of Real Estate & Construction and head of the firm's Prague and Brno offices, talked to Property Forum about the legal challenges real estate investors and developers in the Czech Republic have to face.

During five months of war in Ukraine, millions of square meters of housing, production facilities, and infrastructure were destroyed. To speed up the recovery, Ukrainian legislation governing urban planning was simplified. Alexandra Fedotova, Partner, Attorney and Head of Ader Haber's real estate and construction practice and the Board Member of the Charity Fund Housing For IDP, reviewed the changes in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Radomił Charzyński, Partner, Real Estate Practice and Deputy Managing Partner at Greenberg Traurig Poland talked to Property Forum about the impact of the war in Ukraine on the Polish property market, current financial conditions and consolidation forecasts.

Geopolitical and economic challenges are not leaving the commercial real estate market unaffected. But how will these major global changes impact the Czech investment market in 2022? This is the question an expert panel, moderated by Mark Richardson (Colliers), at Prague Property Forum 2022 tried to answer.

ESG can lead to a fundamental transformation of today’s business environment but for that to happen the approach of both landlords and tenants must change, according to the participants of the ESG panel at Prague Property Forum 2022.