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Closing: J&T and Concens Investments’ Sale of Ostrava Logistics Assets to EQT Exeter Now Closed

Closing: J&T and Concens Investments’ Sale of Ostrava Logistics Assets to EQT Exeter Now Closed

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On November 15, 2022, CMS announced that J&T and Concens Investments’ sale of their Ostrava logistics assets to EQT Exeter (reported by CEE Legal Matters on January 19, 2022) had closed.

"The deal, which was structured as a series of phased acquisitions, demonstrates the attractiveness of the Czech industrial market," CMS Partner Lukas Hejduk commented.

As previously reported, CMS advised J&T and Concens Investments on their EUR 150 million sale of five Ostrava logistics halls to EQT Exeter. Dentons advised the buyer.

EQT Exeter is a real estate solutions provider that focuses on acquiring, developing, and managing logistics/industrial, office, life science, and residential properties in Europe, the Americas, and Asia.

The CMS updated team included Hejduk, Senior Associate Michal Samek, Associate Jaroslav Lepka, and Lawyer Ondrej Nymbursky.

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.