Kinstellar has successfully advised Deutsche EuroShop AG on its EUR 374 million acquisition of Olympia Shopping Center in Brno from a joint venture of ECE Real Estate Partners and Rockspring Property Investment Managers LLP. White & Case advised the sellers on the transaction, which is expected to be finalized within the first half of 2017, and which represents Deutsche EuroShop's entry into the Czech market.
Kinstellar describes Deutsche EuroShop as "Germany’s only public company that invests solely in shopping centers in prime locations," and describes the Olympia Shopping Center as "the largest super-regional shopping center in the Czech Republic."
The Kinstellar team was led by Partner Kamil Blazek and included Counsels Karla Rundtova and Martina Brezinova.
The White & Case team consisted of Partner Petr Panek, Local Partner Ladislav Chundela, and Associate Marianna Galusova.
Image Source:Â geddesarchitects.com
