25
Thu, Apr
39 New Articles

Dentons Advises Heimstaden on Acquisition of Residential Portfolio in Plzen

Dentons Advises Heimstaden on Acquisition of Residential Portfolio in Plzen

Czech Republic
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Dentons has advised Heimstaden Bostad, the third-largest provider of rental housing in Europe, on its EUR 23 million acquisition of Czech real estate development company Daramis's residential-apartments-for-rent portfolio in the Unicity complex in Plzen.

The portfolio consists of 226 flats and 5 commercial units.

According to Dentons, the transaction also includes an agreement that until the end of 2022, Daramis will provide property management services. Heimstaden will manage the flats starting in January, 2023.

Dentons’ Prague-based team was led by Partners Evan Lazar and Marketa Tvrda and included Senior Associate Jakub Nosek and Associate Jan Sedlak.

Dentons did not reply to our inquiry on the matter.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.