Kinstellar has advised S Immo on its acquisition of a property portfolio in the Czech Republic, valued at EUR 481 million, from the CPI Property Group.
S Immo is a real estate investment company.
According to Kinstellar, “the property portfolio comprises 11 office and retail properties, as well as development land. The transaction's property value is EUR 481 million, with an annual rental income of approximately EUR 29 million.”
Earlier in 2023, Kinstellar advised S Immo on its acquisition of another asset portfolio including a Czech Hotel and office buildings from CPI (as reported by CEE Legal Matters on May 11, 2023).
The Kinstellar team included Partner Klara Stepankova, Managing Associate Martin Holub, Senior Associates Jakub Stastny, Radka Justova, and Matej Vecera, Associate Artom Gnedin, and Junior Associates Dominik Sevcu, Dominik Ctvrtnicek, Zuzana Mihalikova, and Zuzana Konecna.