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BPV Braun Partners Advises Mint Residential Fund on Acquisition of Part of Vysocansky Mlyn Project

BPV Braun Partners Advises Mint Residential Fund on Acquisition of Part of Vysocansky Mlyn Project

Czech Republic
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BPV Braun Partners has advised Mint Rezidencni Fond Sicav on the acquisition of the first stage of the Vysocansky Mlyn project in Prague from Metrostav Development. BNT Attorneys-at-Law advised Metrostav Development on the deal.

According to BPV, "Mint Rezidencni Fond Sicav invests in residential properties intended for long-term rental with the aim of long-term appreciation of the investors' funds at 4-5 % per annum while minimizing investment risks. Metrostav Development is preparing the construction of up to 600 flats in the bakery complex in three stages, supplemented by commercial functions. The remaining 400 flats will be for sale." The firm further informed that "the project is located on the site of the former Odkolek Bakery in Prague's Vysocany district and the first stage will include more than 200 rental apartments in four buildings. The first stage is expected to be completed by the end of 2023."

BPV’s team included Partners Jiri Barta and Miroslav Dudek and Attorneys Jindra Pozniakova and Filip Balousek.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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