Kinstellar has successfully advised Accolade on its strategic entry into the South Bohemian region through the acquisition of the Garbe Park industrial site in Boršov nad Vltavou, near České Budějovice, from Garbe Industrial Real Estate. The transaction, valued at nearly CZK 2.5 billion, ranks as the second-largest industrial real estate deal in the Czech Republic in 2025 to date. The acquired assets include two completed buildings — both fully leased — as well as development land for future expansion, which will be carried out through a joint venture between Accolade and Garbe. The site, developed since 2023, offers a mix of logistics, manufacturing, office, and retail space, with a total lettable area expected
Kinstellar has successfully advised ČSOB on the financing of a portfolio of rooftop solar power plants for CPI Property Group in the Czech Republic through a green loan. The transition to an ecological, low-carbon economy is an essential step for our continued operations. Green financing drives changes towards a sustainable future by supporting projects, initiatives, and technologies that positively impact the environment. The current construction of the solar power plants portfolio is one such example in which Kinstellar has played a key advisory role for the ČSOB group. CPI Property Group is a leading European real estate owner with over thirty years of history. In the Czech Republic, it is the largest owner of
Kinstellar has successfully advised S IMMO AG, a real estate investment company, on the successful acquisition of a property portfolio in the Czech Republic from CPI Property Group. The portfolio consists of two office buildings, two shopping centres, a mixed-use property and a single-tenant retail building. The property value of the transaction is EUR 463 million with an annual rental income value of around EUR 28.3 million. We're delighted to have supported S IMMO AG in their strategic acquisition, enhancing their footprint in the Czech real estate market. We believe our expertise played a role in the successful outcome of this transaction, showcasing our team’s ability to efficiently handle major real estate deals.Klára
As of 5 December 2023, the Council and European Parliament reached a provisional political agreement regarding a „Regulation establishing a Framework for setting ecodesign requirements for sustainable products“. The upcoming EU sustainability legislation is crucial as it affects a substantial part of the Consumer & Retail sector. It is of particular importance in the field of fashion and luxury industry as the points which the provisional agreement addresses have been among the hot topics of recent years in this sector. As we are closely monitoring the legislation process, click here or on the image below to explore the overview of key points of the adopted provisional agreement.
Kinstellar has successfully advised S IMMO AG, a real estate investment company, on acquiring a property portfolio in the Czech Republic from CPI Property Group. The property portfolio comprises 11 office and retail properties, as well as development land. The transaction's property value is EUR 481 million, with an annual rental income of approximately EUR 29 million. Klára Štěpánková, Partner and the Co-head of the firm-wide Real Estate sector and Real Estate, Construction & Planning services added: We are thrilled to have advised S IMMO AG on this large and complex portfolio transaction and assist them in further expansion in the Czech Republic. The Kinstellar team was led by Klára Štěpánková
Kinstellar has successfully advised S IMMO AG, a real estate investment company, on its acquisition of three office buildings and one hotel in the Czech Republic from CPI Property Group. The assets include the Mayhouse and Luxembourg Plaza offices in Prague, ZET.office in Brno, and the Courtyard by Marriott Prague City hotel. The four assets have a total value of EUR 167.7 million and generate annual income of close to EUR 8.4 million. The Kinstellar team was led by Klára Štěpánková (Partner) and included Martin Holub (Managing Associate) and Dominik Ševců (Junior Associate). Other team members included Jakub Šťastný (Senior Associate), Anna Veselská (Associate), Arťom Gnědin (Associate), Adam Němec (Managing
Kinstellar has successfully advised its Italian client on the sale of the renowned Hotel Sovereign in the heart of Prague. The team, led by Klára Štěpánková (Partner) and supported by Arťom Gnědin (Associate), provided comprehensive legal services that demonstrated Kinstellar's deep expertise in navigating the complex legal, regulatory and commercial aspects of hotel transactions. The sale of this historic property, known for its distinctive charm and unparalleled city centre location, represents a significant hotel transaction in the current market. We were delighted to collaborate with the Italian lawyer Luigi Croce from Nctm Studio Legale in Milan.
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