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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

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. 

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which 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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