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.