ASB Group represented the seller, GARBE, in the sale of GARBE Park České Budějovice. As the project includes not only logistics halls but also development land, the transaction value exceeded EUR 100 million. This makes it one of the largest industrial real estate transactions completed in the Czech Republic in the first half of this year.
As of May 1, 2025, an amendment to the Act on Television and Radio License Fees has come into force, bringing changes to the funding system of public service media. These changes affect not only households but also companies and business entities. In addition to an increase in the fees, businesses must now comply with newly defined obligations.
ASB Group provided full tax and financial due diligence and transactional advisory to MY Park - a Czech retail real estate investor, during acquisition of ten retail parks in Poland. The transaction marks MY Park’s first investment in the country and an important step in its expansion across Central Europe.
ASB Group supported another successful transaction of REICO IS EAM by providing transaction advisory services in the acquisition of Logistics Park Rokycany, which has now become part of the REICO LONG LEASE open-ended mutual fund.
Ewa Olszewska, Business Development Manager, has become this year's laureate of the Top Woman in Real Estate competition in the Tax & Accounting Services category! This distinction is awarded to women who make a significant contribution to the development of the real estate sector and related services – including supporting areas such as tax advisory, finance and banking, law, and project management.
Klara Cowan, our Group Payroll Director, will be speaking at GPA Payroll Symposium - an engaging industry event, dedicated to payroll and compliance topics.
Modern enterprises operating within corporate groups and engaged in international trade must navigate the complex challenge of reconciling two distinct yet interconnected legal frameworks: customs regulations and transfer pricing rules. Although these systems serve different purposes – the former focuses on determining the customs value of goods, while the latter ensures that intercompany transactions reflect market conditions – they often apply to the same transactions, creating significant tensions and compliance risks.
On March 7, 2025, the Chamber of Deputies unanimously approved an amendment to the Labor Code. The primary goal of the amendment is to increase flexibility in labor relations. These changes were also approved by the Senate and the President and will enter into force on June 1, 2025. Because it is necessary to thoroughly prepare for a number of new developments, in the following article we bring an overview of the changes that should not go unnoticed.
As of early April, the amendment confirming changes to the taxation of employee shares has officially come into force. Thanks to this change, employers now have the option to choose how employee shares and stock option plans are taxed.