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.