bpv BRAUN PARTNERS provided comprehensive legal advice to IMMOFINANZ on the sale of the Airport Business Centre office building to JET Investment fund. Legal services included support during the due diligence, drafting and negotiation of the transaction documentation and closing of the transaction. The real estate team providing the legal advice to the client consisted of partners Miroslav Dudek and Gabriela Špak Porupková.
The transaction was closed on 21 December 2021. The parties decided not to disclose the value of the transaction.
Airport Business Centre is located directly at Vaclav Havel Airport Prague and offers approx. 14,500 sqm of flexible and quality office and retail space.
The long prepared and hotly debated law was passed a few days ago by the Lower chamber in its third reading without opposition and will most likely come into force on 1 July 2023.
bpv BRAUN PARTNERS advised its client, IMMOFINANZ, on the acquisition of 53 retail properties from CPI Property Group (CPIPG).
The Government approved an amendment to Act No. 334/1992 Coll., on the Protection of the Agricultural Land Fund, which strengthens the protection of agricultural land.