KSB Assists on Sale of Panorama Hotel Prague

KSB Assists on Sale of Panorama Hotel Prague

Czech Republic
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Kocian Solc Balastik has advised the Corinthia Palace Hotel Company Limited on the sale of its Panorama Hotel Prague and adjoining land and property to the Austrian developer S + B Gruppe.

The transaction was preceded by the split-off of part of the property into a SPV and assistance was provided for the legal due diligence process.

The KSB team included Partner Vaclav Rovensky and Associate Jakub Porod.

KSB did not reply to our inquiry about counsel for the buyers.