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Clifford Chance Advises LCN Capital Partners on Car Showroom Portfolio Acquisition

Clifford Chance Advises LCN Capital Partners on Car Showroom Portfolio Acquisition

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Clifford Chance has advised LCN Capital Partners on the sale-and-leaseback acquisition of a portfolio of 11 car showrooms located in the Czech Republic and Slovakia and the related financing from UniCredit Bank Czech Republic and Slovakia.

According to Clifford Chance, “LCN Capital Partners is a real estate investment firm that specializes in originating primary sale-leaseback built-to-suit transactions and managing its commercial real estate properties leased to leading companies in their respective industries. LCN delivers a long-term solution for its tenant-clients by providing a non-bank capital resource, efficient monetization of on-balance sheet real estate, continued operational control of key assets, enhanced financial metrics, and potential tax benefits. Founded in 2011 by Edward V. LaPuma and Bryan York Colwell, LCN now manages nearly USD 7 billion in assets across several funds.”

Clifford Chance’s team included Partner Emil Holub, Counsel Milan Rakosnik, Senior Associates Tereza Rehorova and Stanislav Holec, Associate Josef Lysonek, and Junior Associates Simon Dusek, Jan Christelbauer, and David Herich.

Clifford Chance did not respond to our inquiry on the matter.