Clifford Chance has advised Corporate Finance House Group on a joint acquisition with Ceskomoravska Nemovitostni of the Churchill Square office from Penta Real Estate. AK Evan advised Penta Real Estate on the deal.
Clifford Chance reports that the over-CZK 4 billion value of the deal made it the largest real estate office transaction of 2020 in the Czech Republic.
The Churchill Square office complex is located near Prague's main train station. One of the office buildings is currently the headquarters of Deloitte and most of the second is occupied by the Fortuna Entertainment Group.
Clifford Chance’s team was led by Partner Emil Holub and Counsel Milan Rakosník and included Associates Josef Lysonek and Tereza Rehorova.
AK Evan's team included Partner Jan Evan, Senior Associate Denis Michon, and Associate Nina Macinkova.