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KSB Advises Focus Estate Fund on Sale of Two Retail Parks to DRFG

KSB Advises Focus Estate Fund on Sale of Two Retail Parks to DRFG

Czech Republic
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Kocian, Solc, Balastik has advised Focus Estate Fund in the sale of the Centro Ostrava Retail Park in Ostrava and the Most Retail Park in Most to the Czech investment group DRFG. Hartmann, Jelinek, Frana & Partners reportedly advised DRFG on the deal.

Focus Estate Fund is a real estate investment fund focusing on retail real estate in Central and Eastern Europe.

According to KSB, “the tenants of the spaces in the retail parks include JYSK, Mountfield, Sportisimo, and Breno Carpets. The total leasable area of both parks is 14,170 square meters.”

KSB’S team included Partner Jiri Hornik, Counsel Ludek Vrana, Lawyer Jakub Porod, and Junior Lawyer Zuzana Slaba.

 

Kocian Solc Balastik at a Glance

Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.

Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.

Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.

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