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DLA Piper and KSB Advise on Karlin’s Joint Residential Investment with PPF

DLA Piper and KSB Advise on Karlin’s Joint Residential Investment with PPF

Czech Republic
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DLA Piper has advised the Karlin Group on a joint residential investment in Prague with PPF Real Estate. Kocian Solc Balastik advised PPF.

According to KSB, “the agreement between the two companies includes development projects that involve a total investment worth CZK 4 billion. The first joint project is the ‘Simply Holesovice’ residential project near the Bubny railway station, which will offer more than 200 apartments and rental units.”

The Karlin Group is a real estate manager and Prague-based residential and office developer.

PPF Real Estate is a developer and investor with assets in the Czech Republic, Romania, Poland, the UK, and the Netherlands.

DLA Piper’s team included Prague Managing Partner Miroslav Dubovsky and Associates Pavlina Trchalikova and Marcel Janicek.

KSB’s team included Managing Partner Petr Kasik, Lawyer Jakub Porod, and Junior Lawyers Zuzana Slaba and Filip Rehak.