EXPERTISE
Real Estate

Kinstellar advises GLP, a leading global investment manager, on a EUR 1 billion multi-jurisdictional logistics portfolio deal

July 2020 – Kinstellar has successfully advised GLP, a leading global investment manager specialising in logistics, real estate, insurance and related technology investments, on the Czech, Slovak and Hungarian law aspects of its recently completed...

Kinstellar paves the way for a EUR 25 million financing deal for a new major office building in Sofia, Bulgaria

July 2020 – Kinstellar has successfully represented OTP Bank and its Bulgarian subsidiary, DSK Bank, in negotiating a EUR 25 million loan for the construction and operation of Balkan Business Center, a major office complex in Sofia.

Kinstellar advises FirstFarms on the sale of a large farm in western Romania

June 2020 – Kinstellar has successfully advised FirstFarms, a leading Denmark-based investor in agriculture and land in Eastern Europe, on the sale of a farm of approximately 1,700 hectares in western Romania.

Slovakia: Rent subsidies paid by the state

17 June 2020 – On 9 June 2020 the Slovak parliament adopted Act No. 155/2020 Coll., amending Act No. 71/2013 Coll. on the provision of subsidies within the competence of the Ministry of Economy of the Slovak Republic (the “Act”), based on which...

Kinstellar advises GTC on a pre-lease agreement with Commerzbank, a new milestone for Advance Business Center II in Sofia

June 2020 – Kinstellar’s team in Sofia has successfully supported the regional property developer Globe Trade Center (GTC) on its pre-lease negotiations with Germany’s Commerzbank for the lease of 3,500 sq. metres of space at the Advance Business...

Kinstellar Managing Partner in Romania, Victor Constantinescu, speaks at Virtual Property Forum 2020, the first exclusively online property conference, on “Investment strategies in the post-lockdown world”

June 2020 – Victor Constantinescu, Managing Partner of Kinstellar’s Bucharest office and Co-head of the firm-wide Real Estate sector, participated as a speaker in one of the senior investment panels at Virtual Property Forum 2020, the first exclusively...

Regional: Updated overview of measures adopted by authorities in Kinstellar jurisdictions in response to the Covid-19 outbreak and which appear to be relevant from a real estate perspective

28 May 2020 – Even though the legal regulations in this matter continue to evolve rapidly, we would like to provide to you with a general overview of the approaches taken in jurisdictions where Kinstellar currently operates. Please click here for the...

Regional: Overview of measures adopted by authorities in Kinstellar jurisdictions in response to the Covid-19 outbreak and which appear to be relevant from a real estate perspective

18 May 2020 – Even though the legal regulations in this matter continue to evolve rapidly, we would like to provide to you with a general overview of the approaches taken in jurisdictions where Kinstellar currently operates. Please click here for the...

Kinstellar advises a German real estate investment manager on the acquisition of Hotel Barceló Budapest

May 2020 – Despite the challenges caused by the outbreak of the COVID-19 pandemic, Kinstellar has successfully advised a major German real estate investment manager on the acquisition of the recently completed 179-room four-star hotel Barceló Budapest...

Czech Republic: “COVID-Rent” programme

6 May 2020 – We would like to draw your attention to a “COVID-Rent” programme currently being drafted by the Czech Ministry of Industry and Trade (the “Programme”). Along with the existing Act no. 210/2020 Coll., which prohibits landlords from...