Department head or senior representative in Poland, real estate
Rafał Ciołek
DEPARTMENT HEAD OR SENIOR REPRESENTATIVE PROFILE
Rafał Ciołek has been in tax advisory for 20 years now. His main specialization is Corporate Income Tax, beginning from tax consequences of domestic transactions through effects of cross-border flow of capital, goods and services. Rafal has experience related to tax issues specific for the real estate industry, international tax law and issues verging on tax and commercial law. In 2014, 2015 and 2016 elected the best Corporate Income Tax Advisor in Poland in the ranking by Rzeczpospolita.
Major current clients
Allianz, 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), Invesco, JLL, Kawasa Europe, LaSalle Investment Managment, LCN, MLP Group, Neinver, Neocity, Nexity, Orco, Polonia Funds (Peakside), PZU Real Estate Fund, S+B, Segro, TREI Real Estate Poland, UBM, Valad Europe, Złote Tarasy, and many others
Major projects on the real estate market between October 2016 and September 2017
In 2017 Pradera, one of Europe’s leading specialist retail property fund and asset managers, completed the first acquisitions for the Pradera European Retail Parks SCSp Luxembourg fund, which in March signed a €900m transaction with IKEA Centres to acquire 25 retail parks in eight European countries. The first acquisitions of the Fund are 17 assets in Germany, France and Poland. KPMG Poland worked as a lead tax counsel for IKEA Centres, providing full support from the preparation to the transaction as well as advised from the tax perspective during the selling process.
Total value of transactions on the real estate market the company participated between October 2016 and September 2017 (in EUR)
1.400 mEUR
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.