On Wednesday (18 March 2020), the President and Prime Minister announced a relief package worth PLN 212bn to counter the fallout from the coronavirus outbreak. Although full details of the relief measures are not yet available, it is clear that the stimulus plan is goin...

TUF Real Estate has closed the deal on land purchase for a new project to add to its retail park portfolio. TUF Real Estate’s new retail park will be located in Golub-Dobrzyń and is expected to be up and running next year. The investor has already taken first steps to ...

On 13 March 2020, the Polish government announced the state of epidemic threat due to COVID-19, more commonly known as the coronavirus. The days that followed saw the government close the Polish borders, impose a mandatory 14-day quarantine for Polish citizens returning...

What about agreements executed under public procurement law act? Potential actions for contractors and contracting authorities Undoubtedly, we are and will continue to be affected by the COVID-19 (“coronavirus”) pandemic and the state of epidemic threat, introduced in...

On March 13, 2020, the Minister of Health announced the state of epidemic threat in Poland. One of the main consequences is the fact that many retail and cultural facilities are closed. Below you find key comments on the employer’s rights related to the necessity to pe...

Below you will find detailed information and recommendations related to the state of epidemic threat for the real estate industry, which took effect on March 14. We can already see clear impacts on our sector, as listed below. 1. Some tenants of commercial development...

We are still waiting for the draft special-purpose tax act. Plans for its adoption were announced by the Ministry of Development. It is supposed to include a range of relief measures for taxpayers, such as postponement of the effective date of the “new” SAF-T VAT, quick...

What does that mean for your business? In view of numberless questions related to the introduction of the state of epidemic threat in Poland, our law firm has designated a team of specialists in labor law, commercial law, tax law and real estate (tenants’ claims relate...

Force measure clauses Coronavirus (causing COVID-19 disease) is an extremely contagious virus which has recently been declared a pandemic. On 12 March 2020, the Health Minister announced that a state of epidemic threat was about to be introduced in Poland. It is a lega...

A TUF Real Estate company has sold Chełmiński Strip Mall, a modern retail park which is the largest retail hub in Chełmno. The new owner of the real estate is LCP Properties. A fully-leased modern shopping complex, Chełmiński Strip Mall is the developer’s first real es...