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Clifford Chance Advises Generali Real Estate on Acquisition of Prague Department Store

Clifford Chance Advises Generali Real Estate on Acquisition of Prague Department Store

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Clifford Chance has advised Generali Real Estate on the acquisition of Kotva Department Store, a 28,000 square meter seven-story building in the Prague city center from PSN, which was reportedly advised by Dolecek Advokati.

According to Clifford Chance, “Generali Real Estate plans to return the iconic department store to its former glamour and position it as a high-level shopping destination in the historical centre of Prague, in partnership with Sekyra Group, a leading domestic developer.”

Clifford Chance’s team was led by Partner Emil Holub and Senior Associate Milan Rakosnik and included Associate Tereza Rehorova.

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