Major current clients
Apollo Rida, Atrium European Real Estate, CA Immo, CBRE, Colliers, Commerz Real, CPI, DB Real Estate, Europa Funds, Europolis, Galeria Park Group, Globe Trade Centre SA, GLL, Hillwood, Industrial Centers (AEW), JLL, Kawasa Europe, LaSalle Investment Managment, MLP Group, Neinver, Neocity, Nexity, Orco, Polonia Funds (Peakside), PZU Real Estate Fund, Resolution, S+B, Segro, Skanska, Skanska Property, TREI Real Estate Poland, UBM, Valad Europe, Złote Tarasy (Unibail-Rodamco), and many others
Major projects between October 2015 and September 2016
Buy-side financial and tax advisory relating to acquisition from Hines by Globe Trade Centre SA of Neptun Office Center and Sterlinga Business Center, two Class A office buildings, located in Gdansk and Lodz, respectively, of a total of 30,000 sq. m GLA of office space and 364 parking places. What is unique about this transaction is that the closing took place within 2 months from the signing of the letter of intent, including the receipt of a joint binding tax ruling, one of the first in the Polish real estate market.
One of the greatest KPMG’s successes was also the receipt of a pioneering verdict of the Polish Supreme Administrative Court for a German investment fund investing in real property in Poland. The outcome was the full tax exemption for the fund in Poland. The Supreme Administrative Court rejected the appeal of the tax authorities and confirmed the position of the fund, represented by KPMG. The verdict settled the jurisprudence for many German funds in similar cases.
Please say why your team should be considered for the award
We believe we stand out from the competition because of the personal attitude to the issues our clients face. We live our clients’ businesses, worries and successes. What’s more, we realize that we are a service company, subordinate to our clients’ needs. When we do due diligence, our aim is to facilitate a deal rather than find deal breakers. When we do audit, we want to ensure that financial statements present true and fair picture of clients’ operations rather than grill accountants. We understand that tax payables are the result of profitable operations and tax savings cannot be the goal in itself. We do our best to render safe, practical and simple legal advice rather than create sophisticated yet theoretical structures understandable for academia only. Our clients’ business, safety and comfort always come first.
