Delta Legal has advised CTP on its acquisition of Business Park Chrastava's owner and operator Renwon. Pelikan Krofta Kohoutek advised the seller.
Business Park Chrastava is a logistics and production center covering 20,000 square meters. It was opened in 2019 on the former site of a 19th-century yarn spinning mill, in Chrastava, northern Bohemia, near the Czech Republic's border with Germany and Poland.
According to Delta Legal, the park is another addition to CTP’s extensive property portfolio. "The CTP Group has long focused on the environmental sustainability of the properties it manages," aiming to become a carbon-neutral company by 2023.
The Delta Legal team was led by Partner Pavel Fara and Senior Associate Veronika Chrobok and included Partners Libor Vacek and Jiri Absolon, Senior Associate Henrieta Hovanova, and Associate Renata Hurychova.
The PKK team was led by Partner Augustin Kohoutek and included Senior Attorneys Radim Horenin and David Smejdir.