Kinstellar has advised Czech real estate fund Investika on its acquisition and refinancing of the Galerie Butovice shopping center in Prague.
According to Kinstellar, the retail complex contains more than 80 tenants and has nearly 100% occupancy. The property offers more than 50,000 square meters of lettable area and more than 1,400 parking places for visitors. Tenants include Kika, Albert, H&M and Electro World. The value of the transaction has not been disclosed.
The Kinstellar team was led by Partner Klara Stepankova, and included Senior Associate Rudolf Schichor, Counsel Martina Brezinova and Junior Associates Denisa Šimanská and Igor Sebo.
Kinstellar did not reply to our inquiry on the matter.
