Kinstellar’s Prague office has advised Czech investment group Portiva and Micronix on its CZK 2 billion acquisition of the Central Kladno shopping center in Kladno, a town about 30 kilometers west of Prague, from Crestyl. White & Case advised Crestyl on the deal.
According to Kinstellar, "with some 27,000 square meters of space, the Central Kladno shopping center has major tenants that include the Albert supermarket chain, C&A and H&M clothing retailers, [and] the Sportisimo sporting goods chain."
Crestyl is a real estate developer from the Czech Republic. The company is currently actively developing more than fifteen locations throughout the Czech Republic with a total investment value in excess of EUR 1.2 billion.
Kinstellar’s team consisted of Partner Jan Juroska, Counsel Martina Brezinova, Senior Associate Adam Nemec, and Junior Associates Anna Veselska and Sabina Skoumalova, and Alice Radvanovska.
White & Case's team consisted of Partners Petr Panek and Vaclav Kubr, Local Partner Karel Petrzela, and Associates Marianna Galusova and Lucie Zanaskova.