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Deals November 2022

Kinstellar advises S IMMO AG on the acquisition of office properties in Budapest

Kinstellar is delighted to announce that it has successfully advised S Immo AG, a leading Vienna-listed real estate investor and developer, on the acquisition of eight properties and one land plot in Budapest (Gateway Office Park, Arena Corner, Andrássy Palace and the five-part BC99 Office Park) from CPI Property Group. After several successful transactions in the CEE region, S Immo AG once again turned to Kinstellar and worked together with our Budapest office for the first time. The transaction is valued at EUR 238.3 million. The excellently managed buildings comprise a total lettable area of around 109,000 m² and are in outstanding condition. The Kinstellar team was led by Barnabás Sági (Managing

Deals September 2022

Žurić i Partneri (ŽiP) Kinstellar advises Robin Powered on the acquisition of Flow and Form

Our team in Croatia has advised Robin Powered on the acquisition of Flow and Form, one of Central Europe’s 50 fastest-growing technology companies, known for delivering high-quality, cutting-edge solutions to the real estate technology industry. Over the course of just a few years, Flow and Form has created more than USD 1 billion of new market value and became one of the world leaders in developing innovative solutions for the workspace and real estate software industry. The purchase of Flow and Form gives Robin Powered a new international footprint, a team focused on innovation with proven experience building digital platforms to bridge the gap between in-person and virtual work, and a platform to further grow Robin’s

Insights September 2022

Kinstellar comments on the advantages and disadvantages of the law on the protection of real estate investors in Ukraine

On 15 August 2022, the Ukrainian parliament adopted draft law No. 5091 "On guaranteeing property rights to real estate objects to be constructed in the future" which should protect investors in Ukraine's primary real estate market. At the invitation of, Oleksandr Misiats, Junior Associate in our Kyiv office, sheds some light on the advantages and disadvantages of the law to residential investors. The article published in Ukrainian on portal is available on this link. 

Deals August 2022

Kinstellar advises Helaba on a financing for the historic “NR7” building in central Prague

Kinstellar has successfully advised the German lender Helaba on the provision of a refurbishment and long-term financing to the Czech developer Crestyl for the revitalisation of the historic “NR7” building in Prague’s city centre. Kinstellar advised Helaba in relation to the renovation and long-term financing of the historic, mixed-use NR7 building, originally constructed in 1905. The landmark property, with a total area of approx. 5,600 sqm, is located at the heart of Prague’s historic city centre on Namesti Republiky (Republic Square) opposite the Palladium shopping centre and offers excellent visibility in an area characterised by good retail, office, hotel and downtown residential locations. NR7 benefits

Deals April 2022

Kinstellar advises S Immo AG on the acquisition of EXPO Business Park from Portland Trust

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 EXPO Business Park, a three-building office complex in Bucharest, Romania, from Portland Trust. The transaction value remains confidential but, when closing occurs, it is estimated to be one of the largest commercial property transactions in Romania for 2022. Kinstellar advised on all legal aspects, including full due diligence, transaction documentation, and other matters. S Immo AG is a leading real estate investment company focusing on Austria, Germany and CEE, with 70% of its portfolio consisting of commercial properties (offices, shopping centres and hotels). With

Insights March 2022

Documentation of Damaged Property in Ukraine and Possible Legal Remedies: Steps and Options to Consider

While we hope that there will be no need to use the below manual, we want to ensure that companies are aware of the steps to take if their property in Ukraine is damaged as a result of the Russian invasion. We have prepared overview of the main points to consider regarding the documentation of damages. Download in English: Download in Ukrainian:     For more information, please contact: Olga Vorozhbyt, Partner, Head of Compliance, Risk & Sensitive Investigations (CRSI) and White-Collar crime services, at +380 067 449 0511,

News March 2022

Kinstellar announces new promotions to Partner and Counsel

Kinstellar is delighted to announce the promotions to Partner of Nina Tsifudina (Sofia) and to Counsel of Atanas Mihaylov (Sofia). PARTNER Nina Tsifudina, Sofia Nina has over 14 years of experience advising on large international transactions. She is counsel to local and multinational companies on a wide range of commercial matters and cross-border deals, reorganisations and market-entry strategies, with a focus on the TMT, pharma and financial services sectors. She also represents private equity and venture capital firms on acquisitions, disposals and restructurings, as well as portfolio companies on all corporate matters. Nina is highly experienced in all employment aspects of multi-jurisdictional

Deals March 2022

Kinstellar advises Remix Global on a long term lease of office space in Business Garden Office X and a warehouse near Sofia

Kinstellar’s team in Sofia has advised Remix Global on the long-term lease of nearly 2,300 sq.m. office space in Business Garden Office X located in one of Sofia’s most attractive business areas, as well as on the multi-stage leasing of a warehouse of more than 30,000 sq.m. in the vicinity of Sofia. Having assisted thredUP, one of the largest online resale platforms in the world, with the acquisition of its European peer, Remix Global, we continue to provide local support on the expansion of Remix Global’s operations. Kinstellar’s team included Antonia Mavrova (Partner) and Simeon Vachev (Senior Associate). For more information please contact Antonia Mavrova, at.  

Deals March 2022

Kinstellar advises one of the Hungarian subsidiaries of Logicor on the sale of WestGate Business Park

Kinstellar Hungary has successfully advised one of the Hungarian subsidiaries of Logicor on the sale of WestGate Business Park comprising of warehouse and office areas with a total surface area of approximately 18 000 sqm to Biggeorge Property. The deal is one of the largest transactions of its kind on the Hungarian logistics market.  The Budapest office advised on various legal aspects throughout the whole transaction covering, among others, #real estate, energy and IP related matters. Kinstellar’s team was led by Mónika Frank (Of Counsel and Co-Head of the Hungarian Real Estate practice) and supported by Bertalan Ványa (Junior Associate), Dániel Endre Nagy (Senior Associate), Péter Gullai (Senior Associate)

Insights March 2022

Real Estate & Construction sector overview and our services in Bulgaria

Are you planning an investment in real estate in Bulgaria? Careful consideration of associated risks can improve the chances of a timely and profitable deal without facing the challenges of myriad legal, regulatory, and technical issues. Kinstellar’s Sofia office helps you to successfully complete real estate transactions in Bulgaria. Meet our lawyers to find out some of the most important legal considerations upon entering the Bulgarian real estate market.  An overview of the sector and how can we help could be downloaded here - Kinstellar - Bulgaria Real Estate sector services profile. For more information please contact Antonia Mavrova, Partner and Head of Real Estate in our Sofia office, at

Deals March 2022

Kinstellar advises 365.invest on its real estate portfolio expansion in the Czech Republic

Kinstellar has successfully advised the investment fund 365.invest on its acquisition from CPI Property Group of three shopping centre projects in the Czech Republic. The shopping centres involved are IGY České Budějovice, OC Géčko and Shopping Center City Park Jihlava. The deal  is one of the largest transactions of its kind on the Czech-Slovak market.  Kinstellar advised on due diligence and negotiation of transaction documentation. The Kinstellar team was led by Partner Jan Juroška and included Michal Kníž (Managing Associate), Markéta Škvorová (Associate) and Denisa Šimanská (Junior Associate). For more information please contact Jan Juroška, Partner, at 

Insights December 2021

Problems of construction licensing in Ukraine within the framework of recent reforms

The December issue of the Ukrainian legal affairs magazine "Yuryst & Zakon" ("Юрист і Закон") features the article by Diana Malysh, a Kinstellar Associate in Kyiv, on the problematic consequences of the liquidation of the construction licensing in March 2020 within the construction reform in Ukraine. The article was published in issue № 48 of "Yuryst & Zakon" (2 December 2021) and is available in the Ukrainian language only. Please, click here to read the whole article.  For more information, please contact Diana Malysh, Associate, at