24
Sun, Jan
70 New Articles

Dentons Advises Wood & Company on Acquisition of Krakov Shopping Center in Prague

Dentons Advises Wood & Company on Acquisition of Krakov Shopping Center in Prague

Czech Republic
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

Our Latest Issue