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Clifford Chance Advises Heimstaden Bostad on Acquisition of Czech Residential Portfolio

Clifford Chance Advises Heimstaden Bostad on Acquisition of Czech Residential Portfolio

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Clifford Chance has advised Heimstaden Bostad AB on the EUR 1.3 billion acquisition of Residomo's residential portfolio, which consists of move 42,000 residential units, primarily in the Moravia-Silesia region of the Czech Republic.

According to Clifford Chance, "the transaction was financed through a mix of debt and equity."

The Clifford Chance team was led by Prague Real Estate Partner Emil Holub and Senior Associate Milan Rakosnik, supported by Associates Josef Lysonek and Tereza Rehorova.

Editor's Note: After this article was published, CEE Legal Matters learned that Dentons had advised Residomo on the deal.

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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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