Havel & Partners has advised Komercni Banka’s Investment platform Upvest and the RSJ investment group on acquiring a 25% stake (with a call option of up to 49%) in Centrum Cerny Most from Unibail-Rodamco-Westfield. Dentons advised the sellers.
According to Havel & Partners, Centrum Cerny Most is the owner and operator of the Centrum Cerny Most shopping center in Prague. The majority stake remains with Unibail-Rodamco-Westfield.
According to Dentons, "the transaction was achieved at an implied offer price of EUR 553 million (at 100%). As part of the transaction, the asset has been financed with a green mortgage loan of up to EUR 268 million that will be partly used to finance the ongoing shopping mall extension."
The Havel & Partners team included Partners Petr Dohnal and Josef Zaloudek, Counsel David Smida, Managing Associates Josef Bouchal and Adam Karban, Senior Associate Patrik Chrast, and Junior Associates Dominika Hrebackova and Anna Gloserova.
The Dentons team included the Czech Republic Co-Managing Partner Jiri Strzinek, Partners Marketa Tvrda and Ondrej Barton, Associates Samuel Bodik, Jan Sedlak, and Martin Supak, and Junior Associate Jan Mozol.