EXPERTISE
Real Estate

Kinstellar announces new promotions to Partner and Counsel

April 2021 – Kinstellar is delighted to announce the promotions to Partner of Balázs Sepsey (Budapest), and to Counsel of Tomáš Melišek (Bratislava), Alexandru Mocănescu (Bucharest) and Nina Tsifudina (Sofia).

Changes to the Czech AML Act and their impact on the real estate sector

March 2021 – New Amendment no. 527/2020 Coll. (the “Amendment”) to Act no. 253/2008, on certain measures against money laundering and terrorist financing (the “AML Act”), implementing the EU’s Anti-money Laundering Directive no. V (AMLD V)...

Kinstellar advises on the largest Czech industrial real estate transaction in 2020

March 2021 – Kinstellar’s Prague office has successfully advised the retail chain Sportisimo on a large-scale, built-to-suit warehouse project in Ostrava. Kinstellar assisted Sportisimo throughout the entire negotiation of the future lease agreement...

Kinstellar advises Carlyle Group on sale of stake in Logoplaste

March 2021 – Kinstellar’s Prague office, together with Linklaters, has successfully advised the Carlyle Group on the sale of a majority stake in Logoplaste, a producer of rigid plastic containers, to Ontario Teachers’ Pension Plan Board, the largest...

Kinstellar advises VGP Parks on Bucharest market entry with land plot purchase

March 2021 – Kinstellar is delighted to announce that it has advised VGP Parks, a leading pan-European provider of high-quality logistics and semi-industrial real estate, on its acquisition of a 250,000 sqm land plot north of Bucharest, at the junction...

Kinstellar announces new Of Counsel appointment in Kyiv

February 2021 – Kinstellar is pleased to announce that it has further strengthened its Corporate/M&A practice in Ukraine with the appointment of Ihor Kitela as Of Counsel at the firm’s Kyiv office.

A temporary stop to land transfers in Romania? The humble soil quality certificate

February 2021 – While market’s attention has been drawn to the new pre-emption rights and the like introduced by the government to curtail sales of agricultural land, a far more ominous legislative change occurred with little fanfare: Law 246/2020...

Kinstellar advises CTP on its first building acquisition in Bulgaria

January 2021 – Kinstellar is pleased to announce that our real estate team in Sofia has successfully advised CTP Invest, central and eastern Europe’s largest industrial developer, on the acquisition of building facilities and a land plot in Sofia....

Kinstellar advises Arena Hospitality Group on the acquisition of Hotel 88 Rooms in Belgrade

December 2020 – Kinstellar is pleased to announce that it has successfully advised Croatia-based Arena Hospitality Group on the acquisition of Hotel 88 Rooms in Belgrade through its local subsidiary in Serbia. The value of the transaction is close...

Kinstellar advises FirstFarms A/S on the purchase of 400 hectares of leasehold farm land in Romania

December 2020 – Kinstellar is pleased to announce that it has successfully advised FirstFarms A/S, a leading Denmark-based investor in agriculture and land in Eastern Europe, in relation to an agreement to purchase rent contracts with a duration of...