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Dentons and Giese & Partner Advise on Crestyl's Refinancing of Prague’s Dock in Office Park

Dentons and Giese & Partner Advise on Crestyl's Refinancing of Prague’s Dock in Office Park

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Dentons has helped Crestyl secure a EUR 130 million loan from German banks PBB Deutsche Pfandbriefbank and Helaba for refinancing the Dock in Office Park in Prague. Giese & Partner reportedly advised the banks.

Crestyl is a Czech developer of multipurpose residential, retail, and commercial properties.

According to Dentons, the Dock in Office Park is part of the Dock project in Prague’s Palmovka area. The complex consists of four Class-A, multi-tenant office buildings, with 85,000 square meters of office space and 8,700 square meters of retail space. The fifth building of the complex, which is currently under construction, is expected to be completed next year

Dentons' Prague-based team consisted of Global Vice Chair Evan Lazar, Partner Daniel Hurych, and Associates Ondrej Vales and Eva Klimova.

Giese & Partner’s team included Partner Jitka Sytarova, Managing Associate Denisa Molnar, and Senior Associate Karolina Szturc.

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.

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