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Dentons Advises DRFG on Investment in Bratislava's Ister Tower Project

Dentons Advises DRFG on Investment in Bratislava's Ister Tower Project

Slovakia
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Dentons has advised DRFG on its acquisition of the Ister II project company from the Galata Group. Nosko & Partners reportedly advised the seller.

The target company owns land in Bratislava where the Ister Tower project will be situated. "The EUR 250 million project consists of three buildings: a 100-meter high skyscraper with 33 above-ground floors, as well as two smaller apartment buildings," Dentons informed. "The project will include approximately 500 apartments, as well as commercial premises and underground parking. The construction is expected to start in the first half of 2024 and take three years to complete."

DRFG is a Czech investment group that invests in real estate, telecommunications, financial services, and retail.

The Dentons team was led by Counsel Martin Mendel and included Senior Associate Peter Panek and Junior associates Alen Gondek and Norbert Vizvari.

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Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.

Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.