Kinstellar has advised the Portiva investment group on its acquisition of the Astrid Offices building in Prague from the UBM Group. Deloitte Legal advised the UBM Group on the sale.
According to Kinstellar, the building was completed in May 2021 and has 4,300 square meters of office space and 440 square meters of retail space on the ground floor. Its tenants include Budejovicky Budvar, Algon, EAG, and SKF. Since December, the building has also become the headquarters of the UBM Group.
Portiva is a Czech investment group focusing on energy, real estate, automotive software services, and investment fund management.
The Kinstellar team was led by Partner Jan Juroska and included Counsel Martina Brezinova, Managing Associate Adam Nemec, Senior Associate Martina Mazurkova, Associate Anna Veselska, and Junior Associate Alice Radvanovska.
The Deloitte Legal team was led by Senior Managing Associate Martin Kolacek and included Senior Associate Lukas Kade and Associate Simon Dusek.