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Kinstellar and White & Case Advise on Acquisition of Central Kladno Shopping Center in the Czech Republic

Kinstellar and White & Case Advise on Acquisition of Central Kladno Shopping Center in the Czech Republic

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Kinstellar’s Prague office has advised Czech investment group Portiva and Micronix on its CZK 2 billion acquisition of the Central Kladno shopping center in Kladno, a town about 30 kilometers west of Prague, from Crestyl. White & Case advised Crestyl on the deal.

According to Kinstellar, "with some 27,000 square meters of space, the Central Kladno shopping center has major tenants that include the Albert supermarket chain, C&A and H&M clothing retailers, [and] the Sportisimo sporting goods chain."

Crestyl is a real estate developer from the Czech Republic. The company is currently actively developing more than fifteen locations throughout the Czech Republic with a total investment value in excess of EUR 1.2 billion.

Kinstellar’s team consisted of Partner Jan Juroska, Counsel Martina Brezinova, Senior Associate Adam Nemec, and Junior Associates Anna Veselska and Sabina Skoumalova, and Alice Radvanovska.

White & Case's team consisted of Partners Petr Panek and Vaclav Kubr, Local Partner Karel Petrzela, and Associates Marianna Galusova and Lucie Zanaskova.

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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