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[Decision Summary] Approval of Merger Between PVGA 2026 Dutch Holdco and Realty Income Europe

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Photo: Fatima Shahid

The Polish Competition Authority has approved the merger between PVGA 2026 Dutch Holdco B.V. and Realty Income Europe B.V., allowing them to establish a joint venture without any conditions or remedies.

27.10.2026 | Polish Competition Authority (DKK)


The Polish Competition Authority (UOKiK) issued Decision No DKK-234/2026 on October 28, 2026, approving the merger between PVGA 2026 Dutch Holdco B.V. and Realty Income Europe B.V. The decision follows an antitrust investigation initiated at the request of the two companies.

The merger involves the creation of a joint venture as outlined in their application. The authority determined that the merger does not raise any competition concerns and therefore did not require any remedies or further investigation.

As the decision fully meets the request of the parties involved, the authority opted not to provide a detailed justification. The decision is subject to appeal within one month to the District Court in Warsaw.

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