Tue, Mar
88 New Articles

Kinstellar and Dentons Advise on Plzen Logistics/Light Industrial Portfolio Sale

Kinstellar and Dentons Advise on Plzen Logistics/Light Industrial Portfolio Sale

Czech Republic
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kinstellar has advised CBRE Global Investors on its off-market acquisition of a logistics/light industrial portfolio in Plzen, in the western Czech Republic, from Stage Capital. Dentons advised Stage Capital on the deal.

According to Kinstellar, "the roughly 151,000 square meter portfolio consists of four existing assets built between 2007 and 2017 along with additional development land with planning permission for another building. One building of circa 5,000 square meters, which is currently under construction, will be acquired after completion in Q1 2018."

In addition, the firm reports, "all assets are fully flexible, state-of-the-art logistics, warehousing, light industrial and production facilities. The assets are situated close to Plzeň, Bohemia, western Czech Republic, one of the most sought after logistics/light industrial markets in Central and Eastern Europe. The region is a strategic logistics location within Europe, connecting CEE with key logistics destinations in Western Europe (40 km from Germany), as well as being a strategic manufacturing hub, thanks to low wages and a highly skilled workforce."

The Kinstellar team was led by Partner Klara Stepankova and included Associate Rudolf Schichor and Junior Associates Martin Holub and Michal Matous.

The Dentons team was led by Partner Jiri Strzinek, supported by Associate Jan Hrivnak.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

Our Latest Issue