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Kinstellar Advises Helaba and CSOB on Refinancing of Forum Nova Karolina in Connection with Sale

Kinstellar Advises Helaba and CSOB on Refinancing of Forum Nova Karolina in Connection with Sale

Czech Republic
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Kinstellar has advised Helaba and CSOB on the refinancing of Forum Nova Karolina in connection with its acquisition by CS Bemovitostni Fund, managed by Reico Investicni Spolecnost Ceske Sporitelny. 

According to Kinstellar, this was “the largest single asset real estate deal in the Czech Republic, valued more than CZK 5.4 billion.”

The six-storey building is currently 94 percent leased, providing space for 200 shops, hypermarket, fitness center, cinema, and children’s club. Among the featured brands are H&M, Marks & Spencer, Intersport, New Yorker, and Peek & Cloppenburg.  

The Kinstellar team was led by Partner Klara Stepankova and managing Associate Leo Javorek. 

Kinstellar did not reply to our inquiries about the deal. 

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Since its founding in 2004, we have endeavoured to make our law firm the epitome of professionalism, expertise and ethical integrity. We continuously strive to go beyond what large global law firms can offer and to add a personal approach when working with our clients. We do not distinguish between major and minor tasks; we offer clear answers in both complex and seemingly routine matters.

We help our clients implement their business plans by advising them across all areas of commercial law. Through a unique network of law firms, PONTES: the CEE lawyers, we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz/

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