Wolf Theiss

The CEE Property Forum is a key trend barometer for the Central and Eastern European real estate industry. Our top real estate law experts for the region, Peter Oberlechner, Tomasz Stasiak, Greg Skowronski, Tomáš Kren, Barbora Malimánková, Roxana Roman (Dudau), Radosveta Kojuharova, Marika Lomashvili and Leo Hoeher will be there. Do not miss to meet them there an 25 and 26 November, and discuss with them what is hot and what is not, and join them in forward-looking discussions and gain valuable insights. With over 80 expert speakers, sessions will delve into urgent topics such as economic outlooks, financing strategies, sustainability and the latest trends in logistics, office and residential investments. Plus, the first CEE Property Forum Awards Gala will celebrate excellence and innovation in the field. Don’t miss the chance to connect, learn and prepare for the future of real estate. More information here: https://wt.legal/R5dv #WolfTheiss #OneRegionOneFirm #LawDoneRight #CEEPropertyForum #RealEstate #Vienna #Networking #Sustainability

Introducing this week's Legal Buzzword: Diia.City, brought to you by 👉 Olga Ivanova. Diia.City is a unique legal and tax framework designed to accelerate the growth of Ukraine’s IT industry. This special Ukrainian regime provides IT companies that become Diia.City residents with specific advantages and benefits including flexibility in hiring models, reduced payroll and corporate tax rates and distinct intellectual property rights protection. To qualify as a Diia.City resident, IT companies must meet specific requirements. 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #LegalDefinition #Ukraine #DiaaCity #ITIndustry #IPPortection #UkrainianBusinesses

The increasing importance of affordable housing is a pressing issue in the Czech Republic, driven by factors such as rising property prices, urban population growth and evolving societal priorities. With private investors increasingly turning towards rental solutions, the question arises: what can cities realistically achieve for their residents? Moderated by Robert McLean of thePrime, the panel included speakers Guy Barker (Director, Arcona Capital), Zuzana Chudoba (Member of the Presidium, Rental Housing Association), Jan Fišer (Legal Counsel, Dostupné bydlení České spořitelny), Tomáš Kren (Counsel, Wolf Theiss), Radek Kucera (Founder, Grafton Property Partners) and Barbora Raková (Housing Policy Expert, State Fund for Investment Support). The panel approached different facets of the housing crisis, exploring effective public-private partnerships for a sustainable housing future and the role of technology in real estate. Many thanks to our speakers and to ThePrime.cz and Arcona Capital for making the event a success. We look forward to further collaborations in the near future. #WolfTheiss #RealEstateIndustry #RealEstateUpdates #CzechMarket #RisingRent #AffordableHousing #SustainableRealEstate #ESG

Our Asia Desk Associate Sang Wha Lee was recently invited to present at the 2024 Korea Business Expo Vienna hosted by WORLD OKTA (World Overseas Korean Traders Association) at the Austria Center Vienna. Sang Wha provided a brief overview of insolvency proceedings in Austria, including potential instruments to mitigate risks for the creditors to an audience of South Korean product manufacturers and buyers from several European countries. Our "One Region, One Firm" approach at Wolf Theiss enables us to operate seamlessly across the CEE and SEE regions, offering comprehensive support to South Korean companies as they expand their European footprint. Our Asia Desk, staffed with Korean and Korean-speaking professionals, provides tailored legal advice taking the cultural dynamics between Europe and South Korea into consideration. Learn more about the team and their expertise here: https://wt.legal/R3c5 #WolfTheiss #AsianBusinesses #KoreanBusinesses #OKTA #2024KoreaBusinessExpoVienna #OneRegionOneFirm #KoreanCompanies

The Croatian Lobbying Act entered into force on 1 October 2024, marking Croatia’s first comprehensive regulation of lobbying activities. The Act mandates new regulations for lobbyists and companies advocating for business or organisational interests to public officials. What are the key terms of the new Act? Why is this important for your company? Our lawyers Dora Gaži Kovačević and Stjepan Dodlek explain in our new Client Alert: https://wt.legal/QyVa #WolfTheiss #LegalUpdates #CroatianLobbyingAct #CEESEE #CroatianNews #CorporateLaw #Compliance

Did you know recent statistics indicate that for every CZK 5 million finance obtained by borrowers, 1 million is financed via bonds? Our recent seminar, co-hosted with the Česká asociace treasury (Czech Association of Treasury, a major Czech association of professional treasury and risk management professionals) and Conseq Investment Management, a.s. explored the latest trends in loans and bonds. Our speakers including Plojhar Miroslav (Česká spořitelna, part of Erste Group), Petr Jablonsky (Czech Association of Treasury), Robert David (Wolf Theiss) and Filip Mach (Conseq Investment Management, a.s.) relied on their hands-on experience from recent financing cases to provide participants with valuable insights. They focused on the strategies and considerations involved in securing new financing, particularly in the Czech market highlighting that borrowers should take a proactive approach to financing and obtain a thorough review of contractual terms. Consensus held that careful planning and risk management are key to successful bond issuances in the Czech market. Want to join us for our upcoming events? Subscribe here to our Wolf Theiss newsletter: https://wt.legal/QyPJ #WolfTheiss #CorporateFinance #Loans #Bonds #LegalEvents

Join us for our next "M&A Transactions Viewed Differently" event series. This time, our lawyers Markus Bruckmueller, Florian Kusznier, Stefan Riegler and Alexander Zollner will discuss a regular subject in transactions and disputes: earn-outs. Our experts will address the topic from various perspectives with you while discussing the best means for minimising certain risks and avoiding future disputes. Registration is open now via: https://wt.legal/QsKL This event will be held in German. #WolfTheiss #LegalEvents #CorporateMandA #MAndATransactions #Disputes #EarnOut #ContractDrafting

Wolf Theiss advised Raiffeisen Bank International AG and M.M. Warburg & CO on the exchange offer and the issuance of a EUR 93 million Green Bond issued by UBM Development AG, an Austrian real estate developer. The Wolf Theiss Debt Capital Market team advising the banks was led by Claus Schneider and supported by Nikolaus Dinhof-Renezeder, Sebastian Prakljacic and Negar Hashemi. Eva Stadler advised on the tax aspects of the transaction. #WolfTheiss #MarketNews #ViennaStockExchance #WienerBörse #LawDoneRight #ESG #GreenBonds #CapitalMarkets #DebtCapitalMarkets #DCM #BankingAndFinance

The excitement of Black Friday and the next Christmas shopping season is also reflected in the real estate sector. Demand for high-quality retail space is increasing, especially in popular shopping destinations and up-and-coming locations. Despite a challenging market environment, there's a positive trend in the retail real estate sector. "The retail sector is experiencing a period of significant change. While in the past years (due to the COVID-19 pandemic, inflation and increased online retailing) some retailers went insolvent and others reduced sales areas, we expect to see a real renaissance in the retail sector in the coming years. New luxury brands are entering the market opening their own boutiques, well-established brands are opening new flagship stores while shopping and entertainment become a perfect match as seen by elaborate shopping malls. Flexible and strategically located sales areas are crucial to the success of our clients," explains Stefan Horn, Partner at Wolf Theiss. "In these exciting times, we are advising investors, owners and operators of shopping malls as well as retailers to best prepare them for future developments. Given the current market conditions, including high rents and common termination waivers, it's crucial to have your contracts reviewed by one of our experts." Speak with a member of our Real Estate team about your business needs today: https://wt.legal/Qu6I #WolfTheiss #LawDoneRight #RealEstateMarket #RealEstateTrends #Retail #RetailMarket #SEE #CEE

📖 This week's Legal Buzzword, pay transparency, is brought to you by 👉 Hemma Elsner. With its Pay Transparency Directive the EU strives to foster the "equal work for equal value" principle in employment relationships and to eliminate the pay gap between men and women. The directive imposes comprehensive reporting and information obligations on employers and facilitates the legal enforcement of employee claims. 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #LegalDefinition #WolfTheissEmployment #EmploymentLaw #HRMatters #PayTransparency #EqualPay