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Kinstellar Advises S Immo on Acquisition of EUR 481 Million Czech Republic Property Portfolio from CPI

Kinstellar Advises S Immo on Acquisition of EUR 481 Million Czech Republic Property Portfolio from CPI

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Kinstellar has advised S Immo on its acquisition of a property portfolio in the Czech Republic, valued at EUR 481 million, from the CPI Property Group.

S Immo is a real estate investment company.

According to Kinstellar, “the property portfolio comprises 11 office and retail properties, as well as development land. The transaction's property value is EUR 481 million, with an annual rental income of approximately EUR 29 million.”

Earlier in 2023, Kinstellar advised S Immo on its acquisition of another asset portfolio including a Czech Hotel and office buildings from CPI (as reported by CEE Legal Matters on May 11, 2023).

The Kinstellar team included Partner Klara Stepankova, Managing Associate Martin Holub, Senior Associates Jakub Stastny, Radka Justova, and Matej Vecera, Associate Artom Gnedin, and Junior Associates Dominik Sevcu, Dominik Ctvrtnicek, Zuzana Mihalikova, and Zuzana Konecna.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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