Clifford Chance has advised Atrium European Real Estate on its divestment of the Optima shopping center in Kosice to the joint venture of two Slovak shopping center investors for EUR 118 million. Taylor Wessing and Krnac Koncok & Partners reportedly advised the buyers.
Atrium European Real Estate is an owner and operator of shopping centers and residential rental properties in Central Europe and a member of the G City group. Atrium owns 26 income-producing properties and has a total market value of approximately EUR 2.3 billion.
Clifford Chance’s team included Partner Emil Holub, Counsel Milan Rakosnik, Senior Associate Stanislav Holec, Associates Josef Lysonek and Andrej Havko, and Junior Lawyer Simon Dusek.
Editor's Note: After this article was published, Taylor Wessing announced it had indeed advised one of the unidentified Slovak investors. The firm's team included Partners Juraj Frindrich and Silvia Hlavackova, Senior Associate Milan Cervenka, and Associates Barbora Bartovicova, Eva Smolenova, and Zoltan Nagy.