Havel & Partners has advised the Sekyra Group on its acquisition of the remaining land in the vicinity of the Smichov railway station in Prague from Ceske Drahy.
The Sekyra Group is a property development company.
Established in 1993, Ceske Drahy is a railway operator in the Czech Republic providing regional and long-distance services.
According to Havel & Partners, “the large-scale project Smichov City is already being built on the land, where approximately 12,000 people are expected to live and work upon completion. Smichov City is a new Prague-based comprehensive district with a number of commercial and residential buildings, services in the form of shops, supermarkets, and restaurants, two hectares of green space in the form of three parks, a school, and a link to the transport terminal or the existing Smichov railway station. However, it is also awaiting extensive modernization as part of the whole project.”
Havel & Partners did not respond to our inquiry on the deal.