Dentons has helped Crestyl secure a EUR 130 million loan from German banks PBB Deutsche Pfandbriefbank and Helaba for refinancing the Dock in Office Park in Prague. Giese & Partner reportedly advised the banks.
Crestyl is a Czech developer of multipurpose residential, retail, and commercial properties.
According to Dentons, the Dock in Office Park is part of the Dock project in Prague’s Palmovka area. The complex consists of four Class-A, multi-tenant office buildings, with 85,000 square meters of office space and 8,700 square meters of retail space. The fifth building of the complex, which is currently under construction, is expected to be completed next year
Dentons' Prague-based team consisted of Global Vice Chair Evan Lazar, Partner Daniel Hurych, and Associates Ondrej Vales and Eva Klimova.
Giese & Partner’s team included Partner Jitka Sytarova, Managing Associate Denisa Molnar, and Senior Associate Karolina Szturc.