Kinstellar has advised Austrian company European City Estates on its acquisition of the Rosum office complex in Bratislava from Penta Real Estate, which was advised by Skubla & Partneri.
ECE European City Estates is a group of companies owned by the Austrian Humer Private Foundation. ECE’s long-term investment strategy focuses on prime properties and historical buildings in European city centers.
Rosum consists of 22,000 square meters of office premises currently leased to News and Media Holding, Teva Pharmaceuticals, Covestro, Nestle, and GGE, among others, as well as 1,230 square meters of retail space.
Last year, Kinstellar advised ECE on the acquisition of the BCT 2 Office Complex in Kosice, Slovakia, also from Penta Real Estate. (as previously reported by CEE Legal Matters on May 3, 2019).
Kinstellar’s team in Bratislava was managed by Partner Viliam Mysicka and Managing Associate Vladimír Policka and included Senior Associate Martin Kosa.
Skubla & Partneri's team included Partners Marian Sulik and Erika Galgociova and Associate Erik Mateasik.