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Clifford Chance Advises Charnwood on Sale of Eastgate Park in Prague

Clifford Chance Advises Charnwood on Sale of Eastgate Park in Prague

Czech Republic
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Clifford Chance has advised the Charnwood Company on its sale of Eastgate Park to Hines Global Income Trust. White & Case reportedly advised Hines Global on the deal.

According to Clifford Chance, “the 39,000-square-meter last-mile logistics facility, situated in an established industrial zone in Prague's district Sterboholy, was acquired by Hines Global Income Trust, a real estate investment trust with a USD 2.3 billion portfolio and industrial assets in the United States, the Netherlands, the United Kingdom, Poland, Germany, Spain, and now in the Czech Republic.”

The Charnwood Company is a Prague-based owner, developer, investor, and asset manager of institutional real estate.

The Clifford Chance team was led by Partner Emil Holub and Counsel Milan Rakosnik and included Associate Josef Lysonek.

Editor's Note: After this article was published, White & Case announced it had advised Hines Global on the deal. The firm's team was led by Prague-based Partner Petr Panek.

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