Why?
Real estate, in particular commercial ones, such as office buildings, warehouses, shopping malls and hotels, constitute one of the primary classes of investment assets in all developed markets worldwide. They offer a lower risk than the stock market and a higher rate of return than the treasury bond market. They constitute, therefore, a significant part in the portfolio of global institutional investors. A rapidly developing Polish market of commercial and private-rented real estate market provides global players with profitable investment products that satisfy the highest sustainability (ESG) standards. Poland is one of the most dynamic European markets in terms of the quantity and volume of real estate transactions.
Real estate transactions come with their specific characteristics and significantly differ from these concluded in other sectors. On the one hand, they are more straightforward, since their subject is a standard product that can be relatively easily and transparently priced. Whereas on the other hand, it involves parties that are sector- and locally specific, i.e., within a particular jurisdiction. They also come with legal, tax and administrative risks that become extremely important when the transaction subject has a high unit value.
Effective transaction process management, which includes, among others, negotiations, drawing up contracts and documents, financial modelling and developing mitigation methods for identified risks requires support of experienced tax, financial and legal experts. Comprehensive transaction support services for the real estate sector is our hallmark. We’ve been offering them consistently for 20 years and have participated in transactions within the Polish market valued at more than EUR 6 Bn.
In addition to transaction consulting, we also provide real estate buyers with full-scale outsourcing in the field of accounting, tax compliance and reporting for special purpose vehicles, branches and other legal forms that enable investing in Polish real estate. The total value of real estate assets that we handle under this form exceeds EUR 4.5 Bn.
For whom?
Our services are targeted at a wide group of entities operating within the market of commercial and investment real estate, and those that include investment funds – both open-end and closed-end – and seek support in comprehensive management of their portfolios. We also cooperate with banks and financial institutions that desire to effectively manage their real estate project risk, as well as enterprises holding real estate as significant assets. The services we provide are also aimed at individual and corporate investors involved in purchasing, selling or expanding office, commercial, warehouse and hotel real estate. We also advise developers, general contractors and other participants of the Polish real estate market.
How?
Based on the knowledge and experience of our experts, we offer comprehensive support at every stage of the investment process.
At the pre-investment stage we:
- conduct indepth due diligence analyses,
- develop investment tax models,
- assist is attracting financing,
- deal with the valuation of real estate and development projects.
In-investment stage we:
- support clients in negotiations,
- assist in selecting the most optimal tax and financial solutions,
- manage risk and strategy implementation to minimize potential threats.
At the operation stage we:
- help optimise operations,
- develop an exit strategy, taking into account the most tax-favourable real estate sale solutions,
- provide full-scale outsourcing in the field of accounting, reporting and taxation.
Our assistance also includes financial audition and legal representation in the course of court and administrative proceedings.
