British Polish Chamber of Commerce

Częstochowa is a city with high recognition, which is increasingly clearly marked on the business map of Silesia and Poland. The development of Częstochowa is illustrated by, for example, data on the systematically growing labour market, the decline in unemployment, the development of investments related to the support of business services but also in industry, including automotive and traditional industries: metal processing and glass manufacturing.

Taylor Wessing's Warsaw team provided comprehensive legal advice to one of the leading developers of logistics and production space, MLP Group S.A., in connection with its next public bond offering and listing on the Catalyst alternative trading system.

In the first half of 2022, leasing activity in the Krakow office market reached 109,000 sq m, accounting for 70% of 2021’s total and representing a 44% increase year-on-year. Looking ahead, Krakow is expected to see gradual rental growth in the near future driven by rising construction costs and high inflation, says Savills.

International law firm Clifford Chance advised HB Reavis, an international workspace provider, on a joint venture and the acquisition of 50% of the shares in the share capital of Port Praski City II sp. z o.o. and Port Praski Medical Center sp. z o.o. from Polsat Plus Group and its affiliates.

€2.88bn were invested in commercial real estate in Poland in H12022, 44% more than in the previous year – as CBRE’s report shows. The largest transaction involved the sale of the Warsaw Hub to Google for almost €586mn. It is the largest single building purchase transaction in Poland’s history. Europe-wide, €152bn were invested in H1 2022, which is up 10% from the previous year. This exceeded the previous record in 2018 when investments amounted to €151bn.

In its latest Flexmark report, flexible office specialist Workthere confirms that 87% of UK operators are profitable, with 63% of providers reporting profit margins above 15%, which is 50% higher than the figure recorded in 2021.  The report, which surveyed flexible office providers across the globe to provide a benchmark of the sector, also reveals that the number of global operators reporting a profit increased from 82% to 89% yoy.

In July 2022, Bilfinger Tebodin took part in the celebration of Polfa Tarchomin S.A. (TZF Polfa SA) first most important stage of construction of their new drug factory. The future oncological R&D center is designed for the development and production, among others of highly potent, oncological drug products in Warsaw, Poland. It is the largest-scale investment of TZF Polfa SA. in their almost 200 y.o. history. Bilfinger Tebodin supports Polfa with a professional EPCM service to make this project work.

SummaryFew people outside the UK realise that six years have already passed in June this year since the day the British people decided in a referendum to leave the structures of the European Union. Global events of recent years, such as the COVIDCovid-19 pandemic or the outbreak of war in Ukraine, have slightly overshadowed the media attention directed towards the UK’s withdrawal. However, the phenomenon of Brexit still continues to have far- reaching implications for every sector of the economy, with wide- reaching consequences for everyday life. These effects will certainly remain with us for many decades to come. Therefore, the question of the separation of long and deeply integrated economies has become the focus of social, economic and legal research.

Few people outside the UK realise that six years have already passed in June this year since the day the British people decided in a referendum to leave the structures of the European Union. Global events of recent years, such as the COVIDCovid-19 pandemic or the outbreak of war in Ukraine, have slightly overshadowed the media attention directed towards the UK’s withdrawal. However, the phenomenon of Brexit still continues to have far- reaching implications for every sector of the economy, with wide- reaching consequences for everyday life. These effects will certainly remain with us for many decades to come. Therefore, the question of the separation of long and deeply integrated economies has become the focus of social, economic and legal research.