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MDDP

CATEGORY
Tax & Financial Consultancy of the Year, Poland
MDDP helps client in all - tax, financial and legal aspects of real estate ownership. MDDP real estate practice, as a part of almost 500-person MDDP team, works for developers, investment funds, leasing companies and private investors - from design to sale and provides advisory related to: • Taxation of income from real estate investments, • Indirect real estate taxes, • Choosing an optimal ownership structure for investments in terms of tax efficiency, taking into account the specific investment whether in residential or non-residential real estate, • Taxation of alternative forms of financing real estate investments, • Rationalization of tax depreciation, • Settlement of property investments and exploitation costs, leasing agreements, • Property tax, • Examining 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 advisor, partner in MDDP, Head of Real Estate Practice
Department head or senior representative profile
Corporate income tax and international tax advisor, specializes in the real estate sector. She leads investment projects in Poland and Central Europe from the decision and the choice of optimal legal form of investment through ongoing advice, to exit from the investment. She has carried out projects: the sale of shares in companies being the owners of the property, the preparation and introduction on the Stock Exchange of companies, the creation of investment funds investing in real estate.
Major current clients
• Griffin Real Estate sp. z o.o., • Globalworth Poland N.V., • Capital Park S.A., • Pimco Ltd, • Oaktree Capital Management, • Redefine Europe BV, • Hillwood Europe, • PKP S.A., • Ghelamco Poland sp. z o.o. sp. k., • Icon Real Estate sp. z o.o., • Yareal Polska sp. z o.o., • Warbud S.A., • Layetana, • Olivia Business Center.
Major projects on the real estate market between October 2018 and September 2019
1. MDDP participated in purchase of 90% of shares in the indirect holder of the Polish companies owning private dormitories in Poland. Our advisory comprised of preparation of the platform for sale (corporate and financing restructuring), vendor due diligence and transactional advisory. 2. MDDP was engaged in provision of comprehensive tax and financial advisory in relation to deal comprising of acquisition of 100% shares in the companies, owning and running high-standard hotel in Warsaw. 3. Advisory in the sale of an office property. MDDP prepared corporate structure for the transaction, structuring of the sale of the company, vendor due diligence, transactional advisory and post-transactional support. 4. Transactional advisory with respect to second tranche of sale of shares in four real estate companies, including settlement of loans and application for WHT refund on the interest accrued before the transaction.
Total value of transactions on the real estate market the company participated between October 2018 and September 2019 (in EUR)
Approx. EUR 1.5 billion
Please say why your team should be considered for the award
MDDP Real Estate Practice is working with the most important market players on the most important and cutting-edge transactions. Our team in MDDP is recording the most dynamic growth and now consists of 30 persons. Our team is involved in leading investment projects in real estate located in Poland and other Central European countries. The experience in this area includes all stages of business - from the decision and the choice of optimal legal form of investment through ongoing advice related to the specifics of the development industry, to exit from the investment. Our team combines international experience, global standards with in-depth knowledge of Polish tax, legal and business environment and as the result offer practical tax solutions that help conduct business more effectively. Thanks to close cooperation between MDDP departments, real estate practice provides the comprehensive advisory services vital to running a business in real estate sector.
Company website
www.mddp.pl