Kinstellar has advised Helaba on the financing provided to Czech developer Crestyl for the revitalization of the NR7 building in Prague.
According to Kinstellar, "the landmark property, with a total area of approximately 5,600 square meters, is located at the heart of Prague’s historic city center, on Namesti Republiky, opposite the Palladium shopping center, and offers excellent visibility in an area characterized by good retail, office, hotel, and downtown residential locations. NR7 benefits from excellent accessibility by public transport due to its location and infrastructure."
Commercial bank Helaba is a German company that has been active in CEE for more than 16 years.
The Kinstellar team was led by Partner Klara Stepankova and Managing Associate Leo Javorek and included Senior Associate Vaclav Kment and Junior Associate Igor Sebo.
Kinstellar did not respond to our inquiry on the matter.