EXPERTISE
Real Estate

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...

Kinstellar advises Allianz Bulgaria on the largest office property deal on the Bulgarian market in 2020

December 2020 – Kinstellar has successfully advised Allianz Bulgaria on the consolidation of its operations in one office building in Sofia—Park Lane Office Center. The property is currently under construction and expected to be completed by mid-2021.

Kinstellar advises S Immo AG on its EUR 97 million acquisition of two Bucharest Class A office buildings in the “Campus” complex, from Skanska

December 2020 – Kinstellar is delighted to announce that it has advised S Immo AG, a leading Vienna-listed real estate investor and developer, on the acquisition of Campus Buildings 6.2 & 6.3, two leading class A office buildings in Bucharest, Romania...

Kinstellar advises Cromwell Property Group on the sale of its A1 Bucharest Park on behalf of the Central European Industrial Fund (CEIF) to CTP

November 2020 – Kinstellar is delighted to announce that it has advised Cromwell Property Group, a real estate investor and manager, on the sale of A1 Bucharest Park to CEE logistics developer and owner, CTP. This is the largest transaction on the logistics...

Slovakia: Update to rent subsidies paid by the state

November 2020 – It has been four months since the launch of rental subsidies in Slovakia. The Ministry of Economy of the Slovak Republic has to date registered approximately 25,000 applications and has paid out a total of EUR 25 million.

Kinstellar advises Nexen Tire Europe on leasing of 12,000 m2 warehouse

November 2020 – Following an investment of more than CZK 22 billion (approx. EUR 800 million), representing the third-largest FDI into the Czech Republic, the Kinstellar team has successfully completed another project for our client, Nexen Tire Europe...

Abolition of real estate acquisition tax – Czech Government seeks streamlining in response to Coronavirus pandemic

October 2020 – A long-debated government bill to abolish the real estate acquisition tax was signed into law by President Miloš Zeman on 18 September 2020. As a final step, the Act will now be formally announced into the Collection of Laws.

Kinstellar advises PORTIVA and Micronix on the acquisition of Central Kladno shopping centre

September 2020 – Kinstellar’s Prague office has successfully acted as a legal counsel to Czech investment group PORTIVA and Micronix in connection with its acquisition of the Central Kladno shopping centre from Crestyl, along with assistance with...