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Dentons and Kinstellar Advise on China’s CNIC's Acquisition of Large Slovakian Logistics Park

Dentons and Kinstellar Advise on China’s CNIC's Acquisition of Large Slovakian Logistics Park

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Dentons’ Bratislava office has advised CNIC Corporation Ltd., an investment company owned by the Chinese government, on its acquisition of Prologis Park Galanta-Gan in Slovakia from Prologis. Kinstellar advised Prologis on the deal.

According to Dentons, "the park is the largest logistics asset, both by area and investment volume, ever sold in the CEE region. Prologis Park Galanta-Gan [consists of] 240,000 square meters of class A logistics space across four facilities, all of which are fully leased. The sale includes the BTS 7,000 square meter development, which is currently under construction, for a logistics provider offering industrial recycling services. The park is situated in Western Slovakia, which has gained a reputation as the production and manufacturing hub of CEE. Strategically located near route E571, it has easy access to Bratislava, Austria, Hungary, and the Czech Republic."

The Dentons team was led by Partner Peter Kubina and Counsel Martin Mendel, working with Associate Miroslava Jesikova. Counsel Katarína Pecnova and Associate Tatiana Mergesova performed due diligence on the deal.

Kinstellar's Bratislava-based team was led by Partner Roman Oleksik, supported by Managing Associate Miroslav Kapinaj and Associate Michaela Nemethova.

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