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Dentons and Wilsons Advise on Waltrovka Office Complex Sale in Prague

Dentons and Wilsons Advise on Waltrovka Office Complex Sale in Prague

Czech Republic
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Dentons advised Penta Real Estate, the real estate division of Central European investment group Penta, on its EUR 250 million sale of the Waltrovka office complex in Prague to Munich-based real estate fund manager GLL Real Estate Partners, acting together with LB Asset Management on behalf of South Korean investor Hanwha Investment & Securities. Wilsons advised the buyers on the deal.

The 80,000 square meter Waltrovka office complex, consisting of the Aviatica, Dynamica, Mechanica I and II, and Walter buildings, was completed between 2015 and 2018. The buildings are leased to a range of tenants including Johnson & Johnson, Oracle, Sberbank, Strabag, Amrest, and Astra Zeneca. 

The Dentons team was led by Partner Jiri Strzinek, supported by Partner Marketa Tvrda and Associate Jakub Nosek.

The Wilsons team consisted of Partner Bryan Wilson and Associate Monika Kajankova. 

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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