REAL ESTATE PRACTICE GROUP

REAL ESTATE PRACTICE GROUP

Corporate and Commercial Law Mergers and Acquisitions Antitrust, EU and Public Procurement Real Estate and Construction Environment and Energy Labour Law Banking and Finance IP, Internet and Media Law Litigation / Arbitration Tax

bpv LEGAL ALLIANCE bpv LEGAL was founded in 2006 as an alliance of four independent law firms with an existing history of successful close cooperation. We offer high-quality national and cross-border advisory services to clients in Central and Eastern Europe. bpv LEGAL has been established by bpv GRIGORESCU in Bucharest, bpv JÁDI NÉMETH in Budapest, bpv BRAUN PARTNERS in Prague and Bratislava and bpv HÜGEL RECHTSANWÄLTE in Vienna. The Brussels office of bpv HÜGEL RECHTSANWÄLTE serves as a competence centre for European Law, an asset of vital importance to all new EU member states. The name "bpv" itself derives from the location of the member firms' offices. The combined strength of the alliance is represented by more than 90 lawyers and tax experts, practicing in a wide range of legal areas and having experience in both international and domestic transactions. In addition, bpv LEGAL can draw upon the close relationships that its partners have established over the years of operating and working together in the region. The client portfolio of the alliance includes private or public, medium and large size companies acting in a broad spectrum of industries. In addition, our member firms advise public sector institutions and companies of the public hand. Whoever our client, we provide tailored, quality service, in an efficient and timely manner. The essence of our business: local know-how, international approach.

REAL ESTATE PRACTICE GROUP The Real Estate Practice Group of the bpv LEGAL alliance offers outstanding legal and tax advisory capabilities throughout Central and Eastern Europe. The group consists of more than thirty lawyers and tax professionals with extensive experience in advising on all transactional and regulatory aspects of the real estate and construction industry. We are trusted advisors and partners for complex projects, but assist our clients also in selected issues. Our real estate experts are often part of teams that advise on broader transactions involving, among other aspects, real estate. In the area of the construction law, our team includes lawyers with extensive trainings and practice in FIDIC based procedures and agreements. Our in-house expertise is often complemented by technical input provided by planners, architects and other experts, with whom we may build multi-disciplinary teams enabling us to offer all-around advisory services. When required, we support our clients in contentious proceedings against public authorities or business partners, including DAB s/ DRB s, always taking a view at avoiding litigation to the largest extent possible. The national expertise of each of the member firms is enhanced by the multi-jurisdictional capabilities of our Central and Eastern European network. This CEE- coverage enables us to provide seamless services in cross-border transactions through a single point of contact and give to the client a comparable and understandable view of the various national particularities, in the legal language that the client understands.

REAL ESTATE EXPERTISE The member firms of the alliance have proven track records in advising on intricate issues of real estate and construction law sophisticated transactions. Our specific areas of expertise include: Property Due Diligence Property Acquisition and Sale Portfolio Acquisition and Sale Securitization Concessions and PPP s Property Development Property Promotion Property Management Property and Construction Financing Leases Zoning and Planning Construction and Specialized Agreements Taxation Litigation, Arbitration, DAB s/ DRB s Real Estate Aspects of Renewable Energy projects

MEMBER FIRMS bpv GRIGORESCU Bucharest The property team of bpv GRIGORESCU consists of an optimal blend of eight experienced partners and associates capable to advise comprehensively on complex projects of real estate acquisition and development, concession, construction, property finance and property management. The team has received outstanding accolades from clients and peers for its down-to-earth, solution oriented advice. The combination of legal and tax structuring advice is an essential part of our successful property practice. Property due diligence on portfolio worth approx. EUR 1 billion for a leading regional property fund; Advising on, drafting and negotiating lease agreements on behalf of the developer of a prominent Bucharest office property; Legal advisory and property due diligence for a leading European financial institution in connection with a sale-and-lease-back transaction with a major developer; Legal advisory services, due diligence, contract drafting and negotiation for a leading international property fund in connection with the forward purchase of a large office development. bpv JÁDI NÉMETH Budapest The property team of bpv JÁDI NÉMETH is highly acclaimed for its proficiency in providing tailor-made advice to the most complex real estate transactions. The unique credentials of the individual team members accompanied by the strong overall tax expertise make the team ideally suited to advise on a variety of intricate real estate deals ranging from acquisition, development, property finance to property management and vendor representation. Besides transaction-oriented counseling the Real Estate team has a proven track-record of procedural representation in litigious and administrative matters with an accent on environmental, competition, taxation and public procurement law. Advising an international investor for entering a joint venture and acquiring rights in a re-gional airport development and operation; Advising a leading real estate developer in the acquisition, financing and maintenance of an office building portfolio; Advising a leading international property investor specialized in monument and art relic renovation in the acquisition, restoration and utilization of protected historic buildings as well as providing related portfolio management; Advising a leading international environmental services enterprise in relation to a country-wide waste management project. Contact: Catalin Grigorescu, LL.M.Eur, Partner E-mail: catalin.grigorescu@bpv-grigorescu.com Contact: Dr. Andrea Jadi-Nemeth, LL.M., Partner E-mail: andrea.jadi-nemeth@bpv-jadi.com

bpv BRAUN PARTNERS Prague Real estate is one of the key practice areas of bpv BRAUN PARTNERS. Our highly competent real estate team consists of two partners and five associates, some of them regarded as the most respected professionals in the Czech Republic. All real estate team members have equally extensive experience in corporate/commercial, company acquisitions, as well as in-depth knowledge of structuring and taxation. Our most recent transactions include: Advising a leading Czech property developer on acquisition and development of an EUR 120 mil industrial park, structuring joint venture with a strategic investor, acquisition financing and subsequent development financing; Advising a leading international real estate fund on acquisition of class A office building, including due diligence, contract drafting and negotiation, and refinancing of current loans; Advising a local developer on EUR 100 mil multipurpose development, primary acquisition, deal structuring, offshore structures, exit strategy and fund raising; Advising an international investor on a headline sale of property portfolio in Prague, including setting up of data room for due diligence, organizing of bidding procedure, contract drafting and negotiations, exiting current financing arrangement. bpv HÜGEL RECHTSANWÄLTE Vienna A team of specialized partners and associates of bpv HÜGEL RECHTSANWÄLTE is active in the field of real estate transactions. The core tasks of this team are real estate acquisitions and developments as well as legal advice in the management of business premises. Further, the team advises various stock-quoted corporations with regard to their national and international real estate portfolios and capital markets measures related thereto. The real estate team is assisted by highly skilled teams in the fields of corporate, competition, procurement, environment, financing and litigation to cover all aspects surrounding real estate transactions. Advising an international property fund in the acquisition, financing and maintenance of DIY markets; Advising an Austrian stock-quoted real estate corporation in various secondary public offerings, including real estate due diligence of international real estate portfolios; Advising a stock-quoted retailer in the course of the development of its shop structure in Austria; Advising a stock-quoted international real estate investor in the acquisition of various shopping centres and permanent advice with regard to maintenance of these premises. Contact: Mgr. Jiří Bárta, LL.M., Partner E-mail: jiri.barta@bpv-bp.com Contact: Dominik Leiter, Partner E-mail: dominik.leiter@bpv-huegel.com

CONTACTS bpv GRIGORESCU 33, Dionisie Lupu Street RO-020021 Bucharest Phone: +40 21 264 16 50 Fax: +40 21 264 16 60 E-mail: bucharest@bpv-grigorescu.com Web: www.bpv-grigorescu.com bpv HÜGEL RECHTSANWÄLTE OG Rond Point Schuman 9 B-1040 Brussels Phone: +32 2 286 8110 Fax: +32 2 286 8118 E-mail: brussels@bpv-huegel.com Web: www.bpv-huegel.com bpv JÁDI NÉMETH Vörösmarty tér 4 Medimpex Building H-1051 Budapest Phone: +36 1 429 4000 Fax: +36 1 429 4001 E-mail: budapest@bpv-jadi.com Web: www.bpv-jadi.com bpv BRAUN PARTNERS Palác Myslbek, Ovocný trh 8 CZ-110 00 Prague 1 Tel:: +420 224 490 000 Fax: +420 224 490 033 E-mail: prague@bpv-bp.com bratislava@bpv-bp.com Web: www.bpv-bp.com bpv HÜGEL RECHTSANWÄLTE OG Donau-City-Strasse 11, ARES-Tower A-1220 Vienna Phone: +43 1 260 50 0 Fax: +43 1 260 50 133 E-mail: vienna@bpv-huegel.com Web: www.bpv-huegel.com