Kinstellar has successfully advised S IMMO AG, a real estate investment company, on acquiring a property portfolio in the Czech Republic from CPI Property Group. The property portfolio comprises 11 office and retail properties, as well as development land. The transaction’s property value is EUR 481 million, with an annual rental income of approximately EUR 29 million.
Klára Štěpánková, Partner and the Co-head of the firm-wide Real Estate sector and Real Estate, Construction & Planning services added:
“We are thrilled to have advised S IMMO AG on this large and complex portfolio transaction and assist them in further expansion in the Czech Republic.”
The Kinstellar team was led by Klára Štěpánková (Partner) and Martin Holub (Managing Associate), the financing workstream was led by Jakub Šťastný (Senior Associate). Further team members included Dominik Ševců (Junior Associate), Dominik Čtvrtníček (Junior Associate), Radka Juštová (Senior Associate), Arťom Gnědin (Associate), Matěj Večeřa (Senior Associate), Zuzana Mihaliková (Junior Associate), and Zuzana Konečná (Junior Associate).
