Dentons and Simpson Thacher have advised Round Hill Capital and Blackstone Tactical Opportunities on the sale of a EUR 1.3 billion residential real estate portfolio in the Czech Republic to Swedish real estate company Heimstaden Bostad AB, which was advised by Clifford Chance.
According to Dentons, “the portfolio, owned and operated by Residomo, is the largest privately held residential portfolio in the Czech Republic. It consists of approximately 4,515 assets with 42,584 residential units and 1,675 commercial units in the city of Ostrava and surrounding Moravia-Silesia region.”
The Dentons team included Prague-based Partners Evan Lazar, Stewart Middleman, and Marketa Tvrda.
The Clifford Chance team was led by Partner Emil Holub and included Senior Associate Milan Rakosnik and Associate Josef Lysonek.