CATEGORY
Tax & Financial Consultancy of the Year, Poland
MDDP helps Client in all - tax, financial and legal - aspects of real estate ownership. MDDP works for developers, investment funds, leasing companies and private investors - from design to sale and provides advisory services related to: • taxation of income from real estate investments, • indirect real estate taxes, • advisory regarding ownership and financial structure for real estate investments, • taxation of alternative forms of financing real estate investments, • cost segregation, advisory regarding tax depreciation, • settlement of property investments and exploitation costs, leasing agreements, • property tax, • examination of the legal status of properties, • legal services related to selling and purchasing real estate, • support in the investment processes, • financial forecast for the investments.
Name of company
MDDP
Department head or senior representative in Poland, real estate
Justyna Bauta-Szostak- Tax Advisor, Legal Counsel, Partner in MDDP, Head of Real Estate Practice
Department head or senior representative profile
Expert in the field of corporate income tax and international taxes, specializing in advising real estate companies and corporate restructuring. She manages projects related to investments in real estate located in Poland and other Central European countries. She advises clients at all stages of business – from making decisions and choosing the optimal legal form for investments, through ongoing advice related to the specifics of the development industry, to exiting the investment.
Major current clients
Griffin Real Estate sp. z o.o., Capital Park S.A., Ghelamco Poland sp. z o.o. sp. k., Yareal Polska sp. z o.o., Warbud S.A., Layetana, Real Management Sp. z o.o., Olivia Business Center, Adventum, EPP, Dom Development, White Stone Development, others including : US Investment Funds, CEE Investment Funds, South Africa Investment Fund, Japanese Investment Fund (confidential).
Major projects on the real estate market between October 2020 and June 2022
Advising: • Adventum Group on the creation of a new fund and 3 parallel asset deals of 3 office buildings. • Adventum Group on the acquisition of the Sky Tower - office building in Wroclaw (the tallest building in Poland outside of Warsaw). • Griffin Group on several transactions (logistic, residential, student housing) and current tax matters. • White Stone group on the acquisition of over 100 plots of land located in Warsaw's Bielany. A complicated and multi-stage project that required an innovative approach due to the non-standard number of sellers and buyers and the need to analyze the status and ownership of each of over 100 plots. • Ghelamco's investment in Warsaw Hub, one of the largest investments in Poland in 2020. • Crestyl and Cornerstone Partners on the acquisition of Budimex Nieruchomości.
Total value of transactions on the real estate market the company participated between October 2020 and June 2022 (in EUR)
Approx EUR 4 billion
Please say why your team should be considered for the award
MDDP Real Estate Team is working with the most important market players on the most important transactions. Our team, that consist of 30 people (over 50% women which takes the position at each stage), provide the comprehensive advisory services vital to running a business in real estate sector. We are up to date with a current business environment – we participate in Polish and international industry events, where we enhance experiences, thoughts about real estate sector – it helps to run projects more efficiently. We are involved in leading investment projects in real estate located in Poland and other Central European countries. Our team combines international experience, global standards with in-depth knowledge of tax, legal and business environment and as the result offer practical tax solutions that help run business more effectively. Thanks to cooperation between MDDP departments, we provide the comprehensive advisory services vital to running a business in real estate sector.
Company website
mddp.pl