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Dentons Advises DRFG on Investment in Bratislava's Ister Tower Project

Dentons Advises DRFG on Investment in Bratislava's Ister Tower Project

Slovakia
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Dentons has advised DRFG on its acquisition of the Ister II project company from the Galata Group. Nosko & Partners reportedly advised the seller.

The target company owns land in Bratislava where the Ister Tower project will be situated. "The EUR 250 million project consists of three buildings: a 100-meter high skyscraper with 33 above-ground floors, as well as two smaller apartment buildings," Dentons informed. "The project will include approximately 500 apartments, as well as commercial premises and underground parking. The construction is expected to start in the first half of 2024 and take three years to complete."

DRFG is a Czech investment group that invests in real estate, telecommunications, financial services, and retail.

The Dentons team was led by Counsel Martin Mendel and included Senior Associate Peter Panek and Junior associates Alen Gondek and Norbert Vizvari.

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