The Prague office of Dentons has advised Wood & Company on its acquisition of Centrum Krakov, a shopping center located in Prague, from Syner Group and private investors Petr Syrovatko and Karel Zetka. Clifford Chance reportedly advised the sellers.
Opened in 2013, the Krakov shopping center offers approximately 15,000 square meters of retail space on three aboveground floors. It currently has 70 units and is almost 100% rented. The building also has 300 parking spaces including charging stations for electric vehicles.
The Dentons team was led by Partner Jiri Strzinek and included Partner Marketa Tvrda and Associates Jan Hrivnak, Veronika Kupcikova, and Bohuslav Hrdy.
Editor's Note: After this article was published Kinstellar announced that it had advised Ceska Sporitelna on the financing for the acquisition of Centrum Krakov. The firm's team was led by Managing Associate Leo Javorek.