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Kinstellar Advises Portiva on Acquisition of Astrid Offices in Prague

Kinstellar Advises Portiva on Acquisition of Astrid Offices in Prague

Czech Republic
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Kinstellar has helped Portiva negotiate a framework agreement for the future acquisition of Astrid Offices, an administrative center under development in Prague’s Holesovice district. The deal is valued at approximately EUR 19.5 million.

Portiva is a Czech investment group focusing on energy, real estate, automotive software services, and investment fund management.

According to Kinstellar, “at completion, the administrative center will consist of an office building with five above-ground and two below-ground floors and will offer more than 4,300 square meters of office space, a restaurant, and dozens of parking spaces. There will also be several co-working spots available within the building. The Astrid Offices development is designed by the Bogle Architects studio and developed by the Austrian UBM group.”

Kinstellar’s team was led by Partner Jan Juroska and included Partner Klara Stepankova, Senior Associates Adam Nemec and Rudolf Schichor, and Associate Martina Mazurkova.

Kinstellar did not reply to our inquiry on the matter.

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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