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As Environmental, Social and Governance (ESG) standards continue to dominate business conversations, the European Union (EU) drives the momentum by placing the ‘energy efficiency first’ principle at the heart of its energy policy. These efforts further aim to enhance governance, transparency and strengthen the link between climate change mitigation and environmental protection measures.

The Act of July 7, 2023, amending the Act on Spatial Planning and Development was published on August 24, 2023, and entered into force in most of its content 30 days after its publication. However, the most important changes revolutionizing spatial development in Poland will enter into force by the end of 2025. The changes will mainly affect the obligations of municipalities.

REITs (Real Estate Investment Trusts), the investment structure focused on real estate assets and related revenues generated by them has been implemented and used around the world due to the advantages brought to its investors.

On October 22nd, the Court of Justice of the European Union (“CJEU”) issued a precedent-setting ruling in the Kolin Inşaat Turizm Sanayi ve Ticaret case (C-652/22 – the “Kolin case”). This is of crucial importance to contractors engaging or aiming to engage in the public procurement market of the European Union (“EU”), who originate from countries outside of the EU that are not party to international agreements with the EU which would formally admit such contractors to public tenders in the EU.

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