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Kinstellar advises on the largest real estate deal of 2018 in the Czech Republic

December 2018 – Kinstellar advised HELABA (Agent) and ČSOB on the refinancing of Forum Nová Karolina in connection with its acquisition by ČS nemovitostní fund managed by Reico investiční společnost České spořitelny, the largest single asset real estate deal in the Czech Republic, valued more than CZK 5.4 billion.

The six-storey building with over 200 shops, a hypermarket, a modern fitness centre, a giant cinema and a children’s club became the largest retail deal in the country. It is currently 94 per cent leased and features such brands as H&M, Marks & Spencer, Intersport, New Yorker and Peek & Cloppenburg.

The Kinstellar team was led by Klára Štěpánková (Partner) and Leo Javorek (Managing Associate).

For more information please contact Klára Štěpánková at