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Havel & Partners Advises Sekyra Group on Sale of Land Plots in Prague

Havel & Partners Advises Sekyra Group on Sale of Land Plots in Prague

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Havel & Partners has advised the Sekyra Group on its sale of land plots in the Smichov city district of Prague to an SPV of Ceska Sporitelna. Wilsons reportedly advised Ceska Sporitelna.

The Sekyra Group is a property development company.

According to Havel & Partners, the land plots are intended for development which, among others, includes "the new headquarters of one of the Czechia´s largest banks, Ceska Sporitelna. The entire new residential and commercial district, which is to feature a robust infrastructure including a new primary school, hotel, car park, a number of shops, and several parks, is to be completed in 2032. Approximately 12,000 people will find employment or housing within this community."

In 2023, Havel & Partners advised the Sekyra Group on its acquisition of land from Ceske Drahy (as reported by CEE Legal Matters on October 31, 2023).

The Havel & Partners team included Partner Martin Raz, Counsel Natalija Traurigova, and Associates Patrik Chrast and Jakub Jires.