MJH law firm has advised Domesta sp. z o.o., a real estate development company with its registered office in Gdańsk (Company) in the first process of issuing the Company's corporate bonds. As a result of the issue, the Company raised PLN 18.5 million, which will be used to finance land purchases.
Domesta sp. z o.o. has operated in the construction market since 1992 and since 2011 it has been part of the Inpro Group, one of the largest development groups in the Tri-City area, whose shares are listed on the Warsaw Stock Exchange. In its operations to date, Domesta has completed and delivered more than 3,000 apartments in nearly 100 multi-family buildings. In 2019, Domesta sold 288 apartments and sales in 2020 reached 179 units.
The scope of the MJH law firm's work included supporting the Company in the bond issuance process, including comprehensive advice on the establishment of collaterals for the bonds issued. The work of the team was led by Paweł Cyganik and supported by Justyna Wigier and Kamil Gago.