CEE Attorneys has advised the RT Torax Group on the acquisition of Nova Karolina Park in Ostrava from the Passerinvest Group. Clifford Chance advised the financing parties, which included Mezzanine Capital through MCI Eta s.r.o., J&T Banka, a.s., and J&T AIF Fund Sicav Plc through its J&T Loan Fund I subfund.
According to CEE Attorneys, the Nova Karolina Park administrative and retail building has a total leasable area of over 30,000 square meters and offers 280 parking spaces. “At the end of 2020 the occupancy rate was at 95%, with major tenants [including] ABB, Verizon, UniCredit Bank, Ceska Sporitelna, AXA Assistance, Stora Enso, Raiffeisenbank, Hello Bank!, NESS, Brose CZ, and Y Soft.”
CEE Attorneys’ team was led by Partner Lukas Petr and included Managing Associate Denisa Novakova and Senior Associate Matej Bolek.
Clifford Chance's team included Partner Milos Felgr, Senior Associate Dominik Vojta, and Junior Lawyer Matej Ridky.