CHSH Advises SES Spar on Joint Venture for Prague Shopping Center

CHSH Advises SES Spar on Joint Venture for Prague Shopping Center

Czech Republic
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CHSH has advised SES Spar European Shopping Centers on its entrance into a joint venture with Czech investors DBK and Proxy Finance regarding the ownership and operation of the Europark Prague shopping center. EPI, a joint venture of DBK Praha and Proxy Finance, acquired a 77% stake in the shopping center from SES, which retains the other 23%. EPI was reportedly advised by Havel & Partners.

The transaction closed in April 2019. 

CHSH's Vienna team consisted of Partners Mark Krenn, Thomas Zivny, and Heinrich Foglar-Deinhardstein, Senior Associates Filip Ballok and Ivett Szauftmann, and Associate Edda Unfricht. The firm's team in the Czech Republic consisted of Partner David Kucera and Senior Associate Matej Bolek.